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US Capital Partners Provides Term Loan to Chantilly BioPharma

August 14, 2013, 07:39 AM
Filed Under: Pharmaceuticals

US Capital Partners, LLC has provided expansive term loan financing for Chantilly BioPharma, LLC, headquartered in Chantilly, VA. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle market companies.

“Our company is engaged in the development, manufacturing, commercialization, licensing, and marketing of proprietary technologies and products for a wide range of pharmaceuticals,” said S. Rao Cherukuri, founder and chairman of CBL. “We have been expanding the business in both the retail and non-retail segments, and needed financing for capital expenditure and to support our growing working capital needs. We approached US Capital Partners for help and are extremely pleased with the result.”

“We are delighted to have provided financing for this Virginia-based specialty pharmaceutical company,” said Jeffrey Sweeney, CEO and managing director at US Capital Partners. “CBL needed our expertise to structure, underwrite, and provide optimal financing to support its continued business growth. US Capital Partners provided expansive term loan financing for CBL, and expedited the timeline to close upon completion of its appraisal report on the business.”

Chantilly BioPharma, LLC develops, manufactures, and markets generic pharma-ceuticals and controlled substances using oral drug delivery techniques, including taste masking and controlled release platforms. CBL holds over 50 issued and 11 pending US patents and over 100 international patents and applications that cover its unique drug delivery methods.

Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to middle market private and public companies.

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