Big Shoulders Capital provided acquisition financing to a demolition company that wanted to take advantage of an investment opportunity but did not have time to solicit traditional financing. We quickly became familiar with and accepted the terms, and provided funding so the company could complete their transaction.
Big Shoulders Capital provided a loan to an equipment rental company that had recently filed for bankruptcy. Because of the bankruptcy, the company could not find any lenders to provide working capital and fund equipment purchases. We recognized the opportunity in this business and were able to provide a loan when no other lender could.
Big Shoulders Capital worked with a large manufacturer to take out their very fatigued lender. By providing this funding solution, the company avoided liquidation, retained their employees, and ultimately refinanced with another lender. The lender was able to quickly appreciate a great recovery and avoid further distractions and expenses. We were uniquely positioned to provide this lending solution for the manufacturer and bank when other companies could not.
An oil and gas water hauling company had more than $6M in assets, but was highly leveraged with multiple lenders. Big Shoulders Capital provided a term sheet and worked through an asset purchase agreement; extending the company’s viability. Meanwhile our sister company, PPL, organized loan settlements and held three separate auctions to maximize the value of the company’s assets.
An Illinois-based landscaping contractor was on the verge of foreclosure from its secured lender. They desperately needed debt relief. BSC bought the loan, giving the business the time they needed to craft a succession plan and map a more profitable future. Today, the business thrives; BSC recently provided funding to the second generation of owners to continue and expand operations.
A multiple-location wastewater treatment company needed funding to purchase new equipment. We worked with a private equity company to quickly provide the cash infusion they needed. Today, they not only have new equipment, but that equipment is running a proprietary treatment process that is breaking new ground in the industry.
When a business is stuck in the mud, lenders turn to BSC. The secured lender held a note on the real and personal property of the company. They were ready to foreclose when Big Shoulders Capital stepped in and purchased the note. We are now working on a succession plan for the owner’s son to buy back the assets and control the company.
After a drop in demand from its energy clients and a change of ownership at its bank, a steel fabrication business suddenly found itself struggling. Big Shoulders Capital quickly provided a $3MM term loan alongside the existing lender’s mortgage and line of credit, providing a working capital injection to help the business get back on its feet. The company soon stabilized and was able to pay back the entire loan within just 12 months.
Big Shoulders Capital closed on a refinancing solution to support over 200 jobs at a New York woodworking manufacturer that has been an important employer in the town for over 40 years. Despite the company having a challenging 2017, BSC was able to move very quickly to provide a Machinery and Equipment term Loan solution that helped the owner generate liquidity to fill current orders and allowed the existing bank to reduce their exposure. The banker was pleased to retain the client relationship and satisfy internal banking requirements. The company is thrilled to have additional working capital to keep up with customer demand.
With sales in a tailspin, the twenty-year-old minority-owned machining company couldn’t make their debt payments, and their bank called their loan in February 2017. Nearly the entire 30-person staff was laid off. Area banks refused to throw them a lifeline, wary of any company imperiled by the oil and gas market problems. They were on the brink of liquidation.
Then they called Big Shoulders Capital. Click here to view the case study.