Pacon Corporation

Company: Pacon Corporation (“Pacon” or “Company”)

Financing Amount: $2,200,000

Financing Structure: $2,220,000 Small Business Administration Term Loan

Financing Date: April 21, 2025

About the Company

Based in Putnam, CT, Pacon Corporation is a global leader in contract converting and slitting solutions, serving a diverse range of industries for over 45 years. The company is renowned for its ability to meet complex, high-precision requirements with speed, accuracy, and professionalism. Leveraging state-of-the-art equipment and deep industry expertise, Pacon delivers customized converting services that address each client’s unique needs. Their comprehensive offerings include spooling, slitting, and warehousing, all backed by a commitment to exceptional customer service and operational efficiency. Pacon’s mission is to help clients reduce costs, optimize processes, and streamline supply chains with quality and reliability at the core of every solution.

Situation

With a strong foundation and growing demand for its services, Pacon Corporation required a capital solution to support continued growth and expansion. The company sought financing that was flexible and cost-effective, enabling it to meet both near-term operational needs and longer-term strategic objectives. With such high cost debt, Pacon needed a financing solution that would allow the business space to grow optimally while providing it with the dry powder to capitalize on key initiatives.

Solution

Alantes Corporate Finance (“Alantes”) partnered with Andrew Thompson and the team at Pacon to arrange a $2,200,000 Small Business Administration Term Loan facility. In addition to facilitating the loan, Alantes also made a direct investment into the transaction, underscoring their confidence in Pacon’s business model and growth trajectory.

“Working with Alantes was an exceptional experience,” said Andrew Thompson. “They quickly understood the nuances of our business and structured a financing solution that matched our goals. Their direct investment into the deal demonstrated their commitment and belief in our long-term vision. We’re now well-positioned to accelerate our growth, and we’re grateful to have had such a capable and engaged partner by our side.”

The financing will support Pacon’s continued innovation in converting and slitting, as well as bolster its warehousing capabilities to better serve clients across the globe.

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 5^th Avenue, 2^nd Fl
New York, NY 10001
www.alantes.com

Tagged Transaction