Opus Bank is pleased to announce it provided:
- Title: Wood Monsters
- Amount: $5,000,000
- Month: June
- Year: 2015
Wood Monsters
Opus Bank’s Commercial Banking division provides $5,000,000 in debt financing to support Wood Monsters’ growth on a national scale
Overview of Transaction
- Wood Monsters of Oregon, LLC (“Wood Monsters”) is a leading national importer of high-quality hardwood flooring.
- Opus Bank facilitated the expansion of Wood Monsters into new markets and with a customized solution that allowed for greater availability against the company’s working capital assets.
Significance of Transaction
- Provides additional credit that is projected to support growth to increase the company’s profits by over 100%.
- Allows capacity to support new clients and expand existing client relationships.
Opus Bank's Role
- Opus Bank (“Opus”) worked with the company’s executive management to gain an understanding of the company’s business model and growth initiatives, and then Opus provided a capital structure to support their goals.
- Opus provided a strategic, long-term solution for continued growth.
