Auto knowledge matters, especially in money matters.
Innovative companies must have capital to compete in today’s fast-changing marketplace, yet just-in-time inventory and extended payment terms can make it difficult for suppliers to finance new initiatives and product lines. We help clients overcome these challenges. Our deep understanding of the automotive industry, coupled with extensive experience handling financing transactions, means we are well-positioned to achieve our clients’ capital objectives.
Our attorneys work with suppliers to leverage existing assets to obtain funding based on the value of their inventory, equipment and receivables. Alternatively, we arrange “traditional” cash-flow loans, receivables sale transactions, as well as taxable and tax-exempt bonds to help bridge the gap created by many OEMs’ extended payment terms.
We also guide borrowers through the procedures and due diligence unique to each transaction, leveraging our industry and subject-focused knowledge to identify the right options, mitigate risks and successfully achieve our clients’ goals.