BVFR Inks $2.5MM Deal with Maryland Car Dealer

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BVFR & Associates is proud to announce their new partnership with Vehicles by Ron, Inc. for their latest project, a $2.5 million debt refinance and working capital raise for a used car dealership based in Manchester, MD.

BVFR & Associates is proud to announce their new partnership with Vehicles by Ron, Inc. for their latest project, a $2.5 million debt refinance and working capital raise for a used car dealership based in Manchester, MD.

"We could not be more excited for this new partnership," said BVFR CEO Jameson Lawrence, Esq. "Small businesses like Vehicles by Ron are the lifeblood of the American economy. In times like these, business owners need every advantage in securing the necessary capital to keep their businesses open. BVFR gives them that advantage."

Vehicles by Ron, Inc., a family owned company with ten years in the business, came to BVFR through Provident Bank when the latter suggested that President Scott Richards give Henry Garner a call.

Garner, who was responsible for inking the deal, said, "About a month ago I had given a training on USDA financing to Provident's commercial lending group. Afterwards, their Senior Vice President of Small Business Banking told me about Scott and his company. It seemed like a perfect fit for USDA financing which is BVFR's specialty. I am always ready to help a potential client, especially a small business owner."

The agreement was signed in early July 2008, with the completion date to be announced.

About BVFR
Founded in 1995 by Jameson Lawrence Esq., BVFR & Associates, LLC is an investment banking / financial solutions firm that is committed to providing financial intermediary services to small and middle market companies. BVFR is a highly coveted and recognized leader in facilitating USDA Rural Development Business & Industry guaranteed loans. Also, BVFR provides project financing supported by the Small Business Administration 7(A) and 504 Loan Programs, as well as provides financing options to businesses located in urban areas. Each client is paired with a professional consultant who tailors financial services to his or her particular needs.

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John Guzowski
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