Delaware Valley Auto Spring Company, Inc.

Client Profile
Delaware Valley Auto Spring Company, Inc. and its affiliates are servicing companies providing repair and service for truck suspensions and related parts.
Situation
Delaware Valley Auto Spring had been in a turnaround mode and its existing lender wanted the company to seek alternative financing.
Solution
SSG privately placed financing with a non-traditional institutional lender which allowed the company to refinance its existing lender while providing the company with the liquidity to effectively run its business.