The client approached Aurous with stacked MCA debt that dissuaded other lenders from financing them. Aurous brought in an AR lending partner to facilitate its exit and modeled a path out of the MCA debt via the client’s open AR and open orders, and converted them into a single note with an SBA line.
The brand is performing across all customers and expects to call on Aurous for another $1.5MM in trade and production financing in the next three months.
If you or your client is facing complex challenges in your supply chain, reach out:
Josh Sirchio
Head of Revenue
(323) 807-8122
josh@aurousfinancial.com