Entertainment Publications, LLC

ASSIGNMENT

Entertainment Publications, a leading discount and promotion company, owned by MH Equity Partners, engaged Monroe Credit Advisors to secure new financing to fund seasonal working capital needs. Given the fast approaching peak selling season, Monroe Credit Advisors was tasked with expediting the capital raise to ensure seasonal commitments could be met.

EXECUTION

Monroe Credit Advisors worked with Entertainment to structure a satisfactory working capital loan that met seasonal needs, as well as to effectively communicate the company’s evolving business model, working capital cycle, cash flows and collateral position. Monroe ran a targeted loan placement process with banks and leading commercial finance companies that focused on the company’s successful evolution from a print driven business model to a best-of-class digital platform. A number of competitive term sheets were received and the company was ultimately able to choose a lender that met the company’s financing objectives at attractive pricing and terms.