top of page
New - VeracorTombstone7.5mm-page-001.jpg

Veracor was a fast-growing importer of high-end specialty wood products from China to wholesale distributors and distribution chains, large-end users such as cabinet companies, and major retail chains such as Home Depot and Lowes. The Company refinanced an existing conventional asset based senior credit facility with a new hybrid credit facility which includes financing of purchase orders and in-transit inventory to facilitate double digit revenue growth. CRP as the exclusive advisor to Veracor initiated, marketed and closed this innovative credit facility eliminating the need for what would have been dilutive equity.

bottom of page