About Company: The buyer company identified significant growth in its business and an opportunity to merge data services like e-commerce/web development, Web-To-Print POD, and Digital Asset Fulfillment with its current business in order to create a significant player in the data/mailer market.
Problem: Company was looking for a quick turnaround of the financing transactions for acquisition. They were looking for a financing partner who would be able to fund their receivables by the closing date of the acquisition transaction.
Our solution: Sensing the urgency, we quickly understood the potential and provided funding through accounts receivables financing. Coral Capital Solutions was able to expedite its underwriting and get the documentation process ready in time. We were ready with funding on the closing date of the acquisition transaction.
Result: With the financing arrangement behind them, the buyers were able to execute the acquisition quickly, providing them opportunity to merge the newly acquired data services including e-commerce/web development, web-to-point POD and digital asset fulfillment with its current business.