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Veritas Financial Partners Provides $4MM to Recapitalize Lighting Manufacturer

August 28, 2015, 07:48 AM
Filed Under: Manufacturing

Veritas Financial Partners has closed a $4 million financing to support a private equity firm’s recapitalization of a manufacturer and installer of large format lighting systems.  Veritas’s financing will help the company execute on upcoming installation opportunities at some of the country’s leading public venues including theme parks, monuments and major events.

Upon learning of the company’s capital needs, Veritas’s senior executives were on site within several days, and were able to structure a proposal shortly thereafter.  Veritas then performed efficient due diligence, closing the transaction within two months. 

Veritas’s responsive, customized working capital solutions make it an ideal partner for borrowers seeking to capitalize on growth opportunities within their market.

Founded in 2011, Veritas Financial Partners is a specialty finance firm that provides $2 million to $10 million asset-based loans to small and medium-sized businesses. Veritas combines revolving and term based lending capabilities to achieve tailored capital solutions throughout a wide variety of industries. Veritas's strong balance sheet, flexibility, and responsiveness make it an ideal solution for companies across all stages of growth and complexity.

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