
Financial Technology
BizCap Facilitates Aechelon Technologys Multimillion-Dollar Line Of Credit
By Business Wire
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SAN FRANCISCO--(BUSINESS WIRE)--#commercial--BizCap®, a commercial finance firm established in 2002, is proud to announce its successful collaboration with Aechelon Technology, Inc., a leader in immersive visualization technology. For over 25 years, Aechelon has provided real-time computer graphics systems for flight training, simulation, and entertainment markets. BizCap helped the company navigate debt capital markets to refinance its incumbent bank with a new credit facility better aligned with its operating cycle.
“BizCap devoted substantial time and resources to analyzing our company’s business model and financing goals, effectively underwriting and marketing the transaction to targeted lenders,” said Ignacio “Nacho” Sanz-Pastor, President and CEO of Aechelon Technology. “They secured multiple term sheets, negotiated favorable credit terms tailored to our sales cycle, and facilitated critical meetings between our executives and the credit decision-makers at Banks. When urgent refinancing was needed, BizCap swiftly delivered exceptional results.”
Chuck Doyle of BizCap stated, “Partnering with Aechelon Technology to secure financing was an absolute pleasure. Their commitment to excellence and forward-thinking approach made the process seamless. Their track record and vision for growth are truly impressive. It was an honor collaborating with such a dedicated and visionary team.”
About BizCap
BizCap® (Business Capital since 2002) is a time-tested national commercial finance and advisory firm specializing in securing customized non-dilutive credit-based solutions for rapidly growing as well as challenged middle market companies nationwide who require unique, timely and tailored financing structures to address their particular needs, especially when conventional sources of capital are not an option. 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.
Aechelon Technology is a trademark of Aechelon Technology, Inc.
ContactsMedia Contact: Kylie Whetsel, kwhetsel@bizcap.com
Business Inquiries: Chuck Doyle, cdoyle@bizcap.com
First published on Tue, Dec 19, 2023
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