Mass Mailing Company
- A mass mailing company based in Illinois required credit accommodations to finance the acquisition of assets that were being sold by a trustee during the liquidation of assets of a predecessor in the context of an Assignment for the Benefit of Creditors
- Franklin Capital Network provided $1.9 million for the company to consummate the acquisition of the assets and requisite working capital; and, subsequently, provided an additional $500,000 for the acquisition of additional equipment
- Working with Franklin enabled this mass mailing company to resurrect their business and achieve 29% sales growth and meaningful profitability, even with tight cash flow during a period when many mass mailing companies closed their doors