United Capital Corp Successfully Secures $15MM Line of Credit
October 25, 2024
A $15MM line of credit was secured for a mid-market services company seeking additional working capital to support a period of steady growth. The facility gave the company the liquidity to manage payroll, vendor payments, and other operating expenses through seasonal fluctuations in revenue. UCC structured the facility with covenants appropriate to the company's size and industry. The line of credit gave management the confidence to pursue new contracts without concern over short-term cash flow gaps.