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Reich Brothers Business Solutions Agents $5MM Loan to Discount Retailer

June 06, 2016, 03:02 PM
Filed Under: Retail

Reich Brothers Business Solutions agented a $5 million loan transaction during the week of May 16, 2016 for a large, family-operated discount retailer based out of California.

The retailer needed capital to fund the improvement of their distribution network. Reich Brothers leveraged the underlying value of the company’s racking and material handling equipment to be used in the new distribution center.
 Reich Brothers has a long-standing relationship with the retailer, having previously consulted for the company on the purchase of new machinery and equipment for their operations.

Reich Brothers Business Solutions, the specialty finance arm of Reich Brothers, LLC,  specializes in the financing of machinery,  equipment and real estate assets in the industrial space for middle market and lower-middle market companies in the US and Canada.

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