Fort Dearborn Advises Motor Distributor

Fort Dearborn Partners served as a financial advisor for the refinancing of a $3.5M Line of Credit and $2.2M mortgage for a $20 million Illinois-based motor distributor coming out of an FDP-led turnaround. As part of the profit improvement initiative, FDP identified and advised on the implementation of $550,000 in cost reductions and $100,000 in inventory reductions to improve working capital. Fort Dearborn’s financial expertise and extensive knowledge of the capital markets facilitated competitive bidding that resulted in a transaction with favorable rates, terms, and, most importantly - increased liquidity for growth and stability.

 

 

 

Deal Team

Kevin Cleary
(312) 683-3642

Monica Gould
(312) 683-3645

Mark Kroeger
(312) 683-3656

Fort Dearborn Partners / Fort Dearborn Advisors

190 South LaSalle Street
Suite 1650
Chicago, Illinois 60603

Copyright (c) 2021 FORT DEARBORN PARTNERS INC

All rights reserved.

FDP News

Oct - 22

Alice Chan joins Fort Dearborn Partners

Fort Dearborn Partners is pleased to announce that Alice Chan has joined our firm as a Director.

Read More

Sep - 22

Bears Win Season Opener!

Not even the worst flooding in 2 years could stop the Bears from winning their season opener.

Read More

Jun - 22

Fort Dearborn advises HF Foods Group, Inc. - Sealand Food, Inc.

Fort Dearborn Partners (FDP) is pleased to announce we served as sole financial advisor to HF Foods Group, Inc. (NASDAQ:HFFG) in its transaction with Sealand Food, Inc.

Read More