J&D Industries, LLC
Company: J&D Industries, LLC (“J&D” or “Company”)
Financing Amount: $1,000,000
Financing Structure: $1,000,000 Small Business Administration Term Loan Facility
Financing Date: February 21, 2025
About the Company
Founded in 2011 by Jeffrey and Denise Lockard, J&D industries focused on providing quality automobile and vehicle hauling services all over the country with focus on the Tri State Area of Ohio, Indiana and Michigan. With over 70 years of experience in the trucking industry and its supporting technologies and niches, the team at J&D have extensive backgrounds in order to serve the sectors and provide its customers with the uninterrupted service while maximizing the economic industry roll between the buying phases and supplying phases.
Situation
Looking to expand operations into a new facility, the Company needed working capital and financing in order to better service new customers in the region. Heading in to a prime season with a backlog of customers in the pipeline, J&D needed to a financing partner that would help them capitalize on the momentum and growth opportunity.
Solution
ACF worked with their trusted partners to secure a $1,000,000 Small Business Administration Term Loan facility for J&D Industries, LLC. Through the extensive process, the Company was able to secure long-term financing at a low rate that would help them build a strong base for expansion and growth. This sets the stage for future financing as the company continues to utilize funds to expand their service and reach.
“Alantes was able to help us navigate the financing process and provide a lot of clarity and assurances,” said Denise Lockard, Owner. “They came at a very opportune time for us and really helped make everything seamless and painless. I’m looking forward to our company’s growth and will certainly love to work with the Alantes team again in the future. Their expertise in the industry and their commitment to us as clients was pivotal in getting us poised for the upcoming years.”
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