Working capital loans can be of great help to companies as they immediately reduce financial pressure and inject equity into the working capital and protect existing jobs.
(PRWEB) April 05, 2012
Capital Corp Merchant Banking Orlando has entered into a €27.5 million (USD $36.1 million) funding agreement with a vertically integrated Greece-based domestic giant that provides metal products for shops and warehouse equipment as well as renewable energy and waste management products and services. The company has been in business for 40 years and has shown a perpetually strong track record.
As the Greek economy has been severely impeded in the last 5 years and strikes continue without abating, it has been hard for the country to appeal to foreign companies to invest in its products and technology. Banks have also tightened their belts, preventing domestic companies from being able to further grow and even hire new workers. Further, as a result of the worldwide financial crisis, working capital loans, especially on this scale, have been hard to come by.
Working capital loans can be of great help to companies as they immediately reduce financial pressure and inject equity into the working capital, allowing for the smooth continuation of the development of new projects and protect existing jobs. What’s more, a portion of the funding agreement from Capital Corp Merchant Banking Orlando will be allocated into R&D and new products.
The method by which this project is to be funded is the brainchild of Mr Gilles Herard, Jr. Mr Herard is a seasoned Merchant Banker and has been in the banking industry for 38 years. He worked early in his career at the Toronto Dominion Bank (Canada) and later on joined Manufacturer Hanover (MH) of New York as Senior Credit Analyst. He eventually created his own Firm, Capital Corp Merchant Banking, where he syndicates and structures funding for top companies worldwide, all the while investing his own firm’s funds into the projects. As the head of Capital Corp Merchant Banking, Mr Herard has become a leading figure in international middle-market project financing and engineers all funding structures for projects at Capital Corp. Mr Herard has received numerous awards for his work and other contributions including being appointed to the Presidential Business Commission, Honorary Co-Chairman of the Business Advisory Council, nominated as Executive of the Year by the internationally acclaimed National Register’s Who’s Who, and having received the Senatorial Medal of Freedom, among many others.
About Capital Corp Merchant Banking Orlando: Capital Corp Merchant Banking Orlando offers quality Merchant Banking services for a variety of projects worldwide. Capital Corp Merchant Banking has developed close working relationships with groups of Professionals: Specialists in Finance, Commercial Risks Insurance and Re-Insurance, International Accounting Firms and Law Firms, and the largest Valuation Firm in the world. Capital Corp Merchant Banking is solution-oriented and known for being the most flexible Funding Source on the Market in creating handcrafted investment structures to meet the needs of the different constituent groups in each individual transaction. Capital Corp Merchant Banking offers many services: Project Financing, Consulting, Due Diligence, Evaluation of a Business, Negotiating Services, Acquisitions, Investment Approach, and Presentation Reports as well. For further information, please visit the website.