US Capital Partners Provides $850,000 Term Loan for Orient Direct, Inc.
US Capital Partners, LLC has put in place nearly $1 million in business financing for an innovative electronics design and development company in Silicon Valley.
SAN FRANCISCO, June 2013 - US Capital Partners, LLC has provided an $850,000 term loan for Orient Direct, Inc. (“ODI”), headquartered in Mountain View, CA. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity placements for small to lower middle market companies.
ODI approached US Capital Partners to place a term loan facility to support the company’s rising working capital needs, build inventory to meet increased customer orders, and implement new marketing initiatives. US Capital Partners provided ODI with the financing needed to support its ongoing expansion.
“We are very pleased to have successfully financed this innovative California-based electronics design and development firm,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “ODI needed additional working capital to support its current and future needs and to increase inventory. US Capital Partners has provided almost $1 million in working and growth capital for this expanding Silicon Valley business.”
About Orient Direct, Inc.
Established in 1993, ODI offers cutting-edge, turnkey electronics product engineering, design, and production—especially in the audio, video, and voice conferencing space. Headquartered in Mountain View, California, the company is located in the heart of the tech industry in Silicon Valley. This gives the firm access to an enviable level of talent for engineering, development, and industrial design, as well as advance knowledge of new hardware developments. ODI takes concepts and develops them into shipping products, usually in six months or less.
About US Capital Partners, LLC
Since 1998,US Capital Partners (www.uscapitalpartners.net) has been providing prompt, innovative, and reliable financing solutions including lending, equity financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to middle market private and public companies. The company’s innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit by traditional lenders.
To learn more about how your business can secure the funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at firstname.lastname@example.org or call (415) 889-1010.