October 7, 2015

Big Shoulders Capital, in conjunction with a partner, sourced and closed an  asset-backed loan of $9.5-million for one of Canada's premier construction companies involved in oil lease site preparation, road building, highway construction, environmental, plant sites and specialty equipment service. The loan is secured by the company's more than 100 pieces of heavy equipment including dozers, excavators, graders, scrapers, rock trucks and low-bed trailers.

"This is a quality construction company that has been in business for more than 40 years," said Todd DiBenedetto, president of Big Shoulders Capital.  "We have been able to work with them to provide the capital they need to continue to grow the company. "This transaction is yet another example of how our team has partnered with clients to provide creative solutions to their capital needs," said DiBenedetto.  

Primarily an equipment and machinery lender, Big Shoulders Capital also provides accounts receivable financing and factoring to borrowers seeking a one-stop solution to help them build a stronger future for their businesses.  Big Shoulders Capital is a trusted partner for workout bankers, restructuring and turnaround consultants, debt placement brokers, attorneys, bankruptcy advisors, factors, and lenders that want to exit a credit.  Big Shoulders Capital is organized as an Illinois LLC with headquarters in Northbrook, Illinois, a suburb of Chicago