Bryant Park Consulting, Inc.
Company: Bryant Park Consulting, Inc. (“Company”)
Financing Amount: $1,550,000
Financing Structure: $1M Accounts Receivable Line of Credit, $550K Term Loan
Financing Date: January 12, 2023
About the Company
Bryant Park Consulting (the “Company”) is a Jacksonville Beach, Florida based modern consulting firm focused on strategy, technology and business transformation. The Company collaborates across industries and domains to solve the most challenging problems facing business leaders today and they share that knowledge to improve their client’s outcomes. Brant Park Consulting’s services included NetSuite Consulting, NetSuite Customization, Planning and Budgeting, Application Integration, Data & Analytics and NetSuite E-Commerce
Situation
The Company has been growing steadily since their inception in 2021 and was in need of a scalable working capital solution to support the company’s growth. In addition, the company needed to refinance existing high cost debt.
Solution
Alantes secured a $1,000,000 Accounts Receivable Line of Credit and a $550,000 follow-on term loan. The credit facility allowed the company to refinance existing debt and access explosive working capital to support the company’s current strategic initiatives. “Working through the Alantes process was efficient and we were able to gain access to capital in a timely fashion,” said Alec Epstein, the company’s CEO, “The scalability feature of the line of credit is a feature which we are excited about due to our rapid growth.”
About Alantes
Alantes Corporate Finance (“Alantes”) specializes in capital raises and strategic advisory for small to middle market businesses across the nation. Our team prides itself on our ability to provide unique solutions for all of your business needs. Whether you’re looking to acquire a new company or additional working capital for operations, Alantes is your trusted source for business growth and expansion. Our multi-faceted approach allows us to craft creative solutions that adds value at the most critical junctures so you can focus your resources on core business activities.
For more information on this transaction, contact Alantes Corporate Finance at info@alantes.com
Alantes Corporate Finance, LLC
234 5th Avenue, 2nd Fl
New York, NY 10001
www.alantes.com