Everest Fuel Management


Monroe Credit Advisors was engaged by a private equity group and its portfolio fuel management company to assist it in raising debt to finance working capital growth and to provide for a dividend to shareholders. Although experiencing significant growth, the company was in transition due to a transformation of its business strategy. The company and sponsor chose to partner with Monroe Credit Advisors based on its broad base of commercial finance experience and its long and successful track record working with financial sponsors.


Monroe Credit Advisors leveraged its credit experience and relationships to secure proposals from regional banks, large money center banks and commercial finance companies. The sponsor and company were able to select the most flexible proposal at a low cost of capital. The company is now in a position to support its working capital requirements and drive growth. The sponsor achieved return of a portion of its invested capital to redeploy to new investments and, with leverage on its portfolio company, enhance equity returns.

Category 2