KCP Advisory Group Assists Retail Convenience Store Chain by Securing New Capital and Improving Operations
Boston, MA (PRWEB) November 26, 2013 -- November 26, 2013 - KCP Advisory Group (KCP), a provider of financial advisory, corporate restructuring and transaction advisory services, is pleased to announce the successful debt restructuring and refinancing of a chain of convenience stores and gas stations. This refinancing of secured debt also served to provide the necessary working capital support for the company to continue with its plans for further expansion.
The company experienced a large drop in top-line revenue when its fuel supplier decided to take back several retail locations and manage these locations directly. To preserve cash flow, new business segments were added to the remaining locations and corporate overhead was cut significantly. KCP provided support and analysis which were essential to secure a new line of credit that is better suited to the long and short term needs of the company.
“The past few years have been challenging for this company,” comments KCP Managing Director, Chris Creutz. “Their business was always profitable, but contractual vendor obligations changed the bottom line. With new financing, they will have an excellent chance at continued and future success.”
About KCP Advisory Group
Formed by some of the most respected and innovative leaders in lending, investing, turnaround consulting and business advisory services, KCP Advisory Group (KCP) provides financial advisory, corporate restructuring and business performance improvement services to lender, investor, legal and corporate stakeholders. With decades of proven experience in all aspects of corporate transactions and reorganizations, the professionals at KCP provide unique insight and complete business solutions for companies in transition, reorganization, or seeking to improve operational efficiency and profitability. Through quick and careful analysis of a situation, the professionals at KCP Advisory Group will identify solutions and execute a plan of action with a sense of urgency and dedication to achieving optimal results. To learn more about KCP Advisory Group, please visit our Web site at kcpadvisory.com or e-mail us at info(at)kcpadvisory(dot)com.
Jenny Armstrong, KCP Advisory Group, http://www.kcpadvisory.com, +1 (781) 328-1591, [email protected]
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