Success Story
Precision Engineering & Manufacturing
$500,000 Credit Facility
The company started in 1975 and was acquired by a new management team in Q1 of 2021. The new management team brought in years of experience to improve manufacturing efficiencies as well as the expertise in additional production disciplines to expand the businesses products and services.
Catalyst
As the new management team began to offer new products and services to their client base as well as upgrades to the production side, it became evident they needed a financial partner to support the growth.
Conclusion
Pacific Coast Capital provided an AR Line of Credit to free up the capital they need to support the growth. Additionally, as the business continues to improve and upgrade their production, they have a partner they can lean on to support additional capital expenditures going forward.