Commercial Finance Partners Closes $5.65 Million ABL and SBA Financing for Rocky Mountain Thermoforming Company
BOCA RATON, FL — Commercial Finance Partners (“CFP”), a debt advisory and direct lending platform, announced the closing of a $5,650,000 two-tranche capital solution for a Rocky Mountain-based specialty thermoforming plastics company.
The client needed to take out an existing bank facility while securing growth working capital to support the cyclical demands of its business. The structure required a term loan for hard assets and a revolving line of credit for accounts receivable and inventory — a combination that called for a multi-lender approach and experienced deal structuring.
CFP structured the transaction in two tranches: a $4,000,000 asset-based line of credit collateralized by accounts receivable and inventory, providing flexible working capital, and a $1,650,000 SBA term loan utilizing the company’s equipment and other hard assets. The result is a capital structure purpose-built for the company’s operating cycle — delivering both the liquidity and flexibility needed to continue scaling.
“This was a deal that required coordination across multiple capital sources and a structure that matched how this business actually operates,” said Jeff Cosgrove, Senior Vice President at Commercial Finance Partners. “The thermoforming industry has real cyclicality to it, and the client needed a capital partner that understood that. We were able to build a solution that handles the working capital swings while keeping the term debt aligned with the hard asset base.”
Commercial Finance Partners specializes in structuring complex capital solutions for middle-market businesses, including asset-based lending, SBA financing, mezzanine debt, and private credit. The firm serves as both a debt advisor and direct lender, focusing on transactions where conventional bank financing falls short.
About Commercial Finance Partners
Commercial Finance Partners is a Boca Raton-based debt advisory and direct lending platform serving middle-market businesses nationwide. CFP provides asset-based lending, SBA financing (7a and 504), conventional term loans, mezzanine and subordinated debt, and accounts receivable factoring. For more information, visit commercialfinancepartners.com.