The Cleveland Group, Inc.
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Refinancing Debt Facilities to Fund Growth
When growth capital requirements demand more efficient use of bank borrowing capacity, or changes in lending personnel or bank policy warrant a change, de Visscher & Co's knowledge of the capital markets and depth of contacts with lenders of all types can be a valuable resource to closely held business owners. Such was the case for the shareholders of the Cleveland Group, Inc. a premier supplier of electrical, mechanical, and telecommunications construction services. de Visscher & Co. was able to increase Cleveland's total bank availability, lengthen its amortization periods and complete the transaction in just over 60 days.