Operational Integrity Confirmed; Tobacco Products Manufacturer Expands Operations
Client: Privately Held Equipment Finance Company
Challenge: Assess the Operational Integrity of New Production Equipment and Validate Existing Operations and Capacity
A Native American-owned and -operated tobacco products manufacturer was expanding operations and a private equipment finance company considering the financing asked AccuVal to assess the operational integrity of new production equipment and validate existing operations and its capacity.
AccuVal Approach
Tobacco products manufacturing is a very specialized industry where productivity through automation and operation efficiency are paramount to remaining competitive and profitable. Following a thorough review of the company's current manufacturing capabilities and new equipment purchases supporting the firm's planned expansion, AccuVal provided the secured lender with the comfort needed to lend into this niche market. In addition to addressing the original scope of the engagement, AccuVal also advised the lender of state laws governing the sale of tobacco products. This knowledge could be useful in expanding the credit facility with an inventory revolver in the future.
Bottom Line: Assets Verified to Lender's Satisfaction; Tobacco Products Manufacturer Expands Operations
By contributing industry insight and an operational overview, AccuVal was able to provide the lender with the information needed to confidently fund the expansion of a niche supplier of tobacco products.
The AccuVal AdVantage™
Operational expertise. Strategic insight. Knowledge of niche businesses. The desire to exceed expectations on every engagement. That's The AccuVal AdVantage™ at work.
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