Financing Amount: $450,000 Financing Date: June 10, 2016
About The Company
BLKBOX (the “BB”) is a service-disabled veteran and minority-owned small business focused on full-service marketing & analytics designed to meet the needs of any business. The company is defined as a millennial to millennial brand builder, providing strategy analytics and insight to creative production, execution and management. BB focuses on engineering breakthrough growth while considering the various risk dimensions associated with business decisions.
The BB team was experiencing massive growth over the past few years. In order to capitalize on the new engagements and contracts, BB needed working capital to accelerate its growth phase and take on additional clients. The BB team approached Alantes for capital that would help them achieve these goals.
Alantes provided a $100K cash flow term loan to BB in order to finance additional working capital and growth expansion efforts. “We are extremely satisfied with the level of professionalism and excellence of service that the Alantes team provided,” said BB’s owners Dionna McPhatter and Keenan Beasley. “It is very comforting to know we have a confident team behind us at every stage in our company’s growth phase. Whether it is to expand operations or just optimize our growing business, Alantes’ expertise in capital raising will serve our financing needs for the future to come.” Furthermore, Alantes is advising on a $350,000 follow-up line of credit to help the company maximize liquidity and credit health.
Alantes Corporate Finance (“Alantes”) specializes in capital raises and strategic advisory for small to middle market businesses across the nation. Our team prides itself on our ability to provide unique solutions for all of your business needs. Whether you're looking to acquire a new company or additional working capital for operations, Alantes is your trusted source for business growth and expansion. Our multi-faceted approach allows us to craft creative solutions that adds value at the most critical junctures so you can focus your resources on core business activities.
For more information on this transaction, contact Alantes Corporate Finance at email@example.com.
Alantes Corporate Finance, LLC
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New York, NY 10036