Bluejay Advisors Secures $6.1 million credit facility for Expedited Logistics Solutions

Bluejay Advisors leads buy-side engagement for ELS acquisition of Saro
February 2, 2015
Rob Adams Joins Bluejay Advisors and Opens Atlanta Office
March 6, 2015

Bluejay Advisors is pleased to announce that TAB Bank has provided a $6.1 million asset-based credit facility for a ELS ,a  flatbed trucking company specializing in moving steel, construction materials, and heavy equipment. The $6.1 million credit facility will be utilized for fleet expansion and working capital to help fund organic growth.

The financing structure provided a favorable combination of the flexibility afforded by a  factoring line of credit and a structured asset-based lending facility.