Trailer Marketing Services, Inc.
Company: Trailer Marketing Services, Inc. (“Company”)
Financing Amount: $270,000
Financing Date: March 31, 2021
About the Company
Trailer Marketing Services, Inc (“TMS” or the “Company”) is a staple in enclosed and custom trailer sales in the Central New York area, carrying various different trailer lines. Their success has spanned two decades and has established themselves as the largest regional sales office for BWise & Bri-mar trailers in the Northeastern US. The Company’s dedication to excellence ensures that their customers will always find the perfect vehicle for their needs at the highest possible quality.
Situation
TMS had a lot of leases and debt on their books. In order to properly grow the company and service the influx of customers that were coming through their doors, the Company was looking to consolidate all their debt at a lower rate and obtain some additional working capital to purchase additional trailers to expand their business operations.
Solution
Alantes secured a $270,000 Small Business Administration (“SBA”) term loan to pay off the current debt on the business and to purchase additional trailers with the working capital funds. “Securing this facility really sets the stage for us to grow the company to the next stage. Not only are we able to refinance our debt at a lower rate, we also have additional working capital and the infrastructure for growth as the Company continues to expand their scope of operations.” said TMS’s President and Owner Jeffrey Moyer.
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