Case Study: a booming consumer packaged goods company secures refinancing for long-term growth with Cerebro Capital

a booming consumer packaged goods company secures $8.75MM refinancing at 3.5% with Cerebro Capital

A booming consumer packaged goods company sought to refinance its existing equipment and real estate loans ahead of their maturity to better position the business for long-term growth. Despite being backed by a prominent private equity firm, the company's finance director was unable to secure competitive rates from their existing lender due to the pandemic-driven economic conditions of 2020. They turned to Cerebro Capital and used its lending platform to source a new loan solution.

Cerebro Capital implemented a competitive RFP process that accessed multiple pools of lenders, including national and regional banks. The Cerebro team helped the borrower leverage their growth narrative, ultimately delivering multiple term sheets. The company selected a regional bank lender and secured an $8.75 million refinancing package at a 3.5% interest rate with 25 years of amortization. This refinancing was a game-changer, allowing the company to borrow cheaply and secure a new long-term banking partnership.