AEC Provides a $1,750,000 Factoring Facility for Indiana-based Sheet Metal Fabricator

Share Article

Advanced Energy Capital provided the funding for Alpine 4 Technologies, Ltd. (OTCQB: ALPP) to close on their latest acquisitions of Morris Sheet Metal, Corp. and JTD Spiral, Inc. The companies were established in 1992 and mainly service large industrial clientele in the food manufacturing industry. Their services include design, fabrication and installation of dust collectors, commercial ductwork, kitchen hoods, industrial ventilation systems, machine guards, architectural work, water furnaces and more.

News Image

Steven Feldman, Managing Director, AEC

"AEC's expertise, flexibility and speed of execution made this dream a reality for us"

The $1,750,000 facility was just funded and provided crucial proceeds to close on the acquisition and is expected to provide ongoing liquidity as Morris Sheet Metal and JTD Spiral continue to implement their growth strategy.

“AECs expertise and flexibility gave us the confidence that AEC understood the unique nuances of the deal and the industry as a whole. It’s this expertise that enabled us to close and fund in the short time the sellers required” said Kent B. Wilson, CEO of Alpine 4. “AEC was singularly focused on providing the right financing solution and their speed and flexibility made the difference.”

“Kent’s years long track record of successfully acquiring, integrating and managing Alpine’s acquisitions gave us the confidence in his ability to execute. “This deal has helped Alpine achieve another milestone in their plans for strategic acquisitions.” said Steven Feldman, Managing Director of AEC. “It gives us a lot of satisfaction when we can help our clients achieve their goals. We are thrilled because our clients are thrilled. Working with Alpine was a pleasure and we look forward to a long and successful be partnership.”

About AEC:
AEC is a commercial finance company which provides working capital financing ranging from $500,000 to $8 million to small and middle market manufacturers, distributors, and service companies nationwide. Based in New York, AEC is committed to helping businesses increase their capacity for business transactions. AEC’s programs provide companies with capital in a fraction of the time it would take to process a loan through the bank and in many cases provide significantly higher proceeds than the traditional factoring companies and asset-based lenders, while taking on assignments the traditional commercial finance market ignores. http://www.advancedenergycap.com.

About Alpine 4 Technologies:
Alpine 4 Technologies, Ltd (OTCQB: ALPP) is a publicly traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers and Facilitators. At Alpine 4, we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies, even in brick and mortar businesses, can drive innovation. We also believe that our holdings should benefit synergistically from each other with the ability to have collaboration across varying industries that spawns new ideas and creates fertile ground for competitive advantages. This unique perspective has culminated in the development of our Blockchain enabled Enterprise Business Operating System called SPECTRUMebos.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Jack Doueck
Advanced Energy Capital, LLC
+1 9177473750
Email >

Jack Doueck
@EnergyMKTCon
Follow >
Visit website

Media