CASE STUDY: Life Sciences

THE DEAL

SIZE: $15 Million
LOCATION: Maritimes
SECTOR: Life Sciences
LOAN TYPE: Asset based lending (ABL)

THE REAL WIN FOR DWA.

DWA’s work and results compelled an incumbent Bank to provide exceptional terms permitting the continued growth of the company and generating numerous new jobs.

THE CHALLENGES.

• International operations and security

• Multiple outstanding lawsuits

• Challenged recent financial results since the lawsuits were brought against the borrower

RISK MITIGANTS.

• Well known and high net worth equity investors

• Multiple legal opinions in favour of the borrower

• Robust demand for the end product

• High quality customers with extremely low credit risk

OUTCOME.

• Bank lender working capital facility

• Lower advance rates versus private credit options but at materially lower costs

• Facilitated material growth of the business and minimized equity dilution