Business Capital (BizCap®), a national commercial finance and debt advisory firm, today announced the closing of a $12.5 million senior secured revolving credit facility for Project Bravo, a government-contract fulfillment and distribution firm providing sourcing, procurement, and logistics solutions to government agencies and government-related customers. The company is a portfolio company of TEEDUP.
“As the company has grown, so has our need for a more scalable working capital solution. We have to pay suppliers before collecting from our government customers, Tim Gaines and the BizCap team understood that complex operating cycle and delivered a facility structured around it,” said Ben Wood, Chief Executive Officer of Project Bravo. “BizCap did far more than introduce us to a lender, they helped validate our collateral, work through the closing liquidity requirements, negotiate the facility structure and manage every stage of the process through to successful funding,” said Wood.
The credit facility aligns with Project Bravo’s operating cycle, expands working capital capacity to support its continued growth, which has surged since its 2024 acquisition, and restructures incumbent obligations to provide additional financial runway.
“This transaction required a streamlined financing structure encompassing the complexities of the company’s full operating cycle rather than a conventional AR-only solution,” said Tim Gaines, Vice President at BizCap. “Our focus was on building an efficient collateral and liquidity structure the lender could underwrite with confidence while ensuring the resulting facility would support the company’s weekly working capital needs after closing.”
“We are proud to stand behind the organizations that stand behind America,” said Chuck Doyle, President & CEO of BizCap. “This new credit facility will not only help to position our client for continued success, but also contribute to a stronger, more resilient supply chain for our Country.”
About BizCap®
BizCap® is a national commercial finance and debt advisory firm that structures and delivers customized financing solutions for middle-market companies. BizCap works with companies across a broad range of industries and situations, including growth financings, recapitalizations, refinancings, acquisitions and special situations. BizCap® is a proud supporter of Team IMPACT, a national nonprofit that connects children facing serious and chronic illnesses with local college athletic teams, forming life-long bonds and life-changing outcomes.
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