FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Business Capital Delivers $15MM in Credit Facilities to Leader in Traffic Control Systems

February 10, 2021, 07:00 AM
Filed Under: Specialty Industries

BIZCAP® structured and delivered a $15MM  asset-based revolving credit facility in addition to an owner-user real estate financing package from syndication participants to  one of the largest providers of temporary traffic control services  on the west coast. The Company is engaged primarily with major utility companies, municipalities, and construction firms to ensure a safe work environment with signage, vehicles, equipment and staff, both in rural and urban settings. The new credit facilities will provide working capital and enable continued investment in technology, systems and infrastructure to improve operations and support growth.

“Through our range of capital resources, we provided customized commercial financial solutions that will help this business grow,” said Chuck Doyle, President and CEO of BizCap. “We are pleased to be able to collaborate with such a diverse set of capital partners. Our multi-faceted product approach allows us to provide bespoke and creative solutions for each client. We are honored to have a hand in seeing businesses thrive and succeed, especially during the last year of particularly strong headwinds,” said Doyle.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.