$1,008,000 for National Retail Wholesaler
December 31, 2020
Having pre-purchased inventory to capitalize on substantial discounts prior to the holiday season, the client approached Regents to secure the additional capital needed to finalize the transaction and to bridge the gap between the seasonal cash flows. Given the high percentage of intangible assets and the client’s need for discretionary distribution of funds, the transaction was structured as an unsecured…