Description:

Parkway International Capital Group (PIC Group), a leader in commercial financing, has closed a $9.42 million business acquisition and term loan for a client expanding their operations. This transaction allowed the client to acquire a division of a manufacturing company while also refinancing existing equity and term debt. PIC Group played a critical role in securing financing for both the acquisition and the refinancing of all term debt through a community bank, achieving a competitive fixed rate. The funding enabled the client to streamline debt and expand their business structure under favorable terms. Key to the transaction was the expertise of Alexander Hoffman of iCapital Options, who guided the process to meet the seller’s deadline, completing both deals within 30 days. Hoffman highlighted PIC Group’s client-focused approach, noting, "This achievement reflects our commitment to delivering custom solutions that meet our clients' unique needs, especially under tight timelines."