Financing Case Studies

The below is a partial listing of financing placements, commitments or assignments associated with the Anasta staff, its personnel and/or affiliates:

An Internet Marketing company in Largo, FL, needed capital for $1.5 million in equipment. Owner was in litigation with the prior bank when he was president of another company. We were able to structure an operating lease of $1.2 million plus a $1 million factor line. Recently, we obtained another $1.6 million commitment to refinance assets for additional working capital needs.

An Offshore Engineering Manufacturing company in Mobile, AL, was in dire straits from a merger with another company that eventually led to the shut down of the acquired company because of mounting debt, not to mention hurricanes forcing another long shut down. The bank got concerned and forced the client into a forbearance agreement with 90 days to pay the bank off. Prior, consulting experts charged fees in an attempt to get high risk money, but to no avail. We prepared a Funding Report, helped the client through the SBA, and funded $1.9 million in distressed funds. Today, the client has recovered and is doing well.

The owner of a Printing Company in Orlando, FL, wanted to retire after 20 years. The company was generating $13 million in sales. He wanted to make sure his employees were taken care of. We merged his operation with another large established company, cashed him out for $7.5 million in cash, and obtained another $18 million in loans. We secured a $14 million bank line for the acquiring company with an additional debenture from an investment banker of $8 million. BILL, NUMBERS DON’T ADD UP HERE.

A Publishing company in Naples, FL, became a victim of its current bank’s inability to perform on its loan commitments due to a sale of a bank subsidiary that was instrumental in the deal. The new bank unable to perform, decided instead, to call the monies loaned to date. We were able to hire counsel and orchestrate a settlement that reduced the publisher’s debt that exceeded $4 million. Later, we secured PO funding and an asset based loan for an infusion of $1 million into operations. 

A Hardware Distribution company in Tampa, FL, needed startup monies for manufacturing products in China and shipping them to Tampa. The company was part of a retail operation that had acquired a portfolio of design patents. The only assets were the showroom displays and inventory. They wanted to offer installment payments to homeowners buying their service. We were able to find a lender to buy back the showroom assets and lease them back, thus increasing working capital by $150,000. Secondly, we were able to secure funding in the form of $1 million in purchase order financing for shipments to the United States.

The owner of a Manufacturing company in St. Petersburg, FL, had a heart attack and when he returned to work there were over $900,000 in overdrafts! The client was behind on all its venders and employees were leaving. First, we negotiated with the banks and were able to term-out the overdrafts and obtain additional funding of $150,000. Secondly, we set up a 1031 Exchange Buyer to do a Sale/Lease-Back on the client’s building generating working capital of $1 million, plus an additional pay-down of debt of $2.1 million. This was all done in less than 60 days. Currently, we are working with equipment leasing companies to reduce the cost of debt and pay-off factoring funds.