Aegis is pleased to share a recent success story of one of its long-standing clients. Aegis worked with a mining company over the past five years to assist in their growth and vertical expansion with the opening of new processing plants in Florida and Oregon. In connection with SBA & USDA loans, Aegis provided both working capital financing and various bridge loans to assist with the buildout of the new facilities.
As the company increased revenue and improved margins, it attracted the attention of a large multi-national public company. After months of negotiations, a deal was struck and closed in Q2 2020 for over $30,000,000. While the operational success is certainly attributed to the management team, Aegis’ financing provided liquidity for new subsidiaries and helped expedite the plant expansions.
Download the full announcement: Aegis Announcements 05.2020