Paramount Visuals Company, Inc.
Company: Paramount Visuals Company, Inc (“Company”)
Financing Amount: $1,000,000 Commercial Line of Credit, $1,848,000 SBA Term Loan, $505,000 SBA term loan
Financing Date: November 11, 2022
About the Company
Paramount Visuals Company, Inc. (“Paramount” or the “Company”) is a New York based company that provides a wider range of services in the sports & entertainment industry, specifically for signage and branding. The Company’s current capabilities range from design, production, fabrication, installation and event management for major sporting events, entertainment events and venue renovation programs. The company operates in nearly every state and manages all aspects of its projects.
Situation
Paramount is currently in growth mode, as such the Company approached Alantes corporate finance to install an optimal capital structure and assist with the construction of a commercial property that would expand the company’s current office space and headquarters.
Solution
Alantes secured a $1,000,000 Commercial Line of Credit, $1,850,000 Small Business Administration Term Loan and a $505,000 Small Business Administration Term Loan. The subject financing allowed the company to refinance existing debt, access a scalable low-cost source of working capital and provide the capital necessary to complete construction of its new headquarters. “With our new line of credit and banking relationship, our company is now well positioned to corner the market and acquire competitors.” explained Dan King, the Company’s President. “We look forward to our continued relationship with Alantes as they guide us through the capital markets as we look to begin acquisitions.
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
510 5th Avenue, 3rd Fl
New York, NY 10036
www.alantes.com
