Corralloy, Inc.

Client Profile
Corralloy, Inc., is a worldwide, value-added distributor of high nickel, corrosion-resistant alloys serving the chemical plant, oil field service, general fabricator and utility industries.
Situation
Corralloy’s business plan was to double revenue within three years, and its owner and management team sought to increase the company’s working capital and capital base to achieve this expansion opportunity.
Solution
SSG arranged a senior revolving line of credit, senior term loan and subordinated debenture with warrants which allowed Corralloy to finance its aggressive strategic plans.