2nd Lien Financing Provided to Specialty A/V Contractor
This rapidly growing specialty contracting firm was referred to Change Capital by a leading accounts receivable-based lender. The company, based in Texas, specializes in audio-visual and building automation design, construction and installation. They service all building modes: commercial, multi-family and residential. At the time of...
$2MM in Sub-Debt Provided to a National Healthcare Staffing Platform
An auxiliary healthcare staffing platform had an asset-based revolving line of credit in place which was approaching renewal. Due to the company’s rapid growth over the past several years, they had accumulated an over-advance balance of approximately $1MM which was causing them to be charged...
Republic Funds $3.5 Million Credit Facility for QX Logistix in partnership with the Azadian Group and Change Capital
Republic Business Credit works with the Azadian Group and Change Capital to provide flexible growth capital during the coronavirus pandemic. Los Angeles, CA – When the Azadian Group needed a senior debt partner to help restructure the balance sheet of QX Logistix, they chose a longtime...
$550K in Sub-Debt Provided to Growing Healthcare IT Firm
A bank-owned asset based lending firm in Texas approached Change Capital seeking help with a growing client of theirs. The client is a specialized healthcare IT firm which provides fully integrated services to synergize claims and inventory workflows, operations, audit and enterprise reporting and more....
$150K Provided to Burbank, CA based Pure Cycles
Change Capital, a commercial financing provider headquartered in New York, is pleased to announce that it has provided $150K in working capital to Burbank, CA based Pure Cycles. About Pure Cycles Pure Cycles is one of the largest distributors of lifestyle bicycles in the United States. The...
$775K Provided to American Sign Language Services for Growth and Working Capital
Change Capital is pleased to announce that they have provided funding to support American Sign Language Services’ growth plans. Founded in 1992 by President & CEO Angela Valcarcel-Roth, a valued leader in her field and in the Hispanic community, ASL has been successfully executing on...