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Big Shoulders Capital Provides $1MM DIP Financing to Steel Fabricator to Fund Going-concern Sale

April 22, 2024, 07:42 AM
Filed Under: Steel

Big Shoulders Capital (BSC) recently provided a $1 million debtor-in-possession loan for a steel fabrication business in Texas. Funds will provide working capital and enable a going-concern sale process.

Due to the fabricator’s high urgency needs, BSC closed the loan within two weeks of being introduced to the company.

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