Trending...
- Colorado: It's Election Day! Governor Polis Encourages Coloradans to Vote
- Colorado: It's Election Day! Governor Polis Encourages Coloradans to Vote
- Colorado Springs: City to observe Veterans Day Monday, Nov. 11
CHICAGO, Oct. 9, 2024 ~ Aequum Capital, a leading financial institution, has recently announced its provision of a $15 million revolving line of credit to a Denver-based distributor of pet products. This strategic move will allow the company to utilize its accounts receivables and inventory, enabling it to fulfill supplier payables and place new orders for inventory.
Despite facing challenges during its transition away from a third-party logistics provider, the company was able to secure this financing with Aequum's support. While other lenders were hesitant, Aequum recognized the temporary nature of these challenges and had confidence in the company's management team. The deal was finalized within just fifteen days from the execution of the term sheet, providing the company with much-needed liquidity to maintain its inventory orders and supplier relationships.
More on Colorado Desk
Aequum Capital is pleased to continue its partnership with this company as it strives to meet the ever-changing demands of pet product consumers. This collaboration highlights Aequum's commitment to supporting businesses in their growth and success.
Despite facing challenges during its transition away from a third-party logistics provider, the company was able to secure this financing with Aequum's support. While other lenders were hesitant, Aequum recognized the temporary nature of these challenges and had confidence in the company's management team. The deal was finalized within just fifteen days from the execution of the term sheet, providing the company with much-needed liquidity to maintain its inventory orders and supplier relationships.
More on Colorado Desk
- Protecting Colorado Homes This Winter
- Patton Releases new Data Diode Software to Control Data Transport over Secure One-Way Data Diodes
- Boulder SEO Marketing Releases Comprehensive Guide on Local SEO for Businesses
- Events by Dubsdread Launches New Website, Showcasing Central Florida's Premier Event and Catering Services
- Vantiva Launches HomeSight™ Connected Care Suite for Australia's Home Care Market
Aequum Capital is pleased to continue its partnership with this company as it strives to meet the ever-changing demands of pet product consumers. This collaboration highlights Aequum's commitment to supporting businesses in their growth and success.
Filed Under: Business
0 Comments
Latest on Colorado Desk
- Axiros is Proud to Announce a New Release of their Telco WiFi Expert System – AXWIFI 2.7.1
- Buying Buddy IDX CRM Launches WordPress Plugin, Empowering Agents with Seamless MLS Integration
- AI Empowerment Summit: Shaping the Future with Inclusion – May 8-9, 2025
- Governor Polis Congratulates New Colorado Senate and House Leadership
- California Employment and Class Action Attorney Ian Silvers Named Partner at Bisnar Chase
- Colorado: State Government Offices in Denver Will Close at Noon Today
- Colorado: Governor Polis, Mayor Graham, Department of Local Affairs, CDOT Celebrate Major Grant to Replace Union Avenue Bridge in Pueblo
- Family Office Real Estate Institute Welcomes Wipfli LLP as Annual Sponsor Partner
- Colorado Springs: City Administrative Offices Closed Friday, November 8
- City of Colorado Springs Administrative Offices opening at 10 a.m. Friday
- Governor Polis Declares Disaster Emergency and Deploys Colorado National Guard to Provide Weather Support, State Employees Will Telework Along the Front Range With Some Regional Facility Closures
- Greenville Real Estate Agent Drastically Increases Interest In Homes
- Colorado: Governor Polis Will Order Flags to Fly at Half-Staff to Honor Golden Police Officer Killed in the Line of Duty
- Colorado Springs: City to observe Veterans Day Monday, Nov. 11
- City calls on Colorado Springs businesses to join program to honor military members, gain new customers
- City of Colorado Springs Administrative Offices closing at noon Thursday
- Bigfella Auto Express Launches: Expanding the Bigfella Brand into Auto Transport with a Vision for Innovation and Growth
- Red Power Energy Launch TribalSolarKids.com – FreeYouth Solar Education Programs
- Colorado Springs: Seven individuals recognized at Mayor's Young Leader Awards
- PLAYA BOWLS CONTINUES MOMENTUM IN THE THIRD QUARTER WITH 52 SIGNED FRANCHISE COMMITMENTS & 11 NEW SHOPS