CapX Helps Arro Meet Short-Term Capital Needs
CapX recently closed on a $2,250,000 secured term loan to Arro to fulfill the company’s goal of meeting short-term capital growth needs.
Arro specializes in processing, contract manufacturing, logistics and warehouse services. Headquartered in the Chicago area, Arro is privately owned and supported by an experienced management team. In the last ten years, Arro has added over $60 million of annual revenue, the bulk of which has come in the last three years. Having successfully expanded its customer base and penetrated new markets, Arro was looking for funds to support their continued growth needs.
“Time and time again, Pat Gaughan impressed us with the vision he had for growing Arro Corporation. He laid out a logical path to for us to follow – a path that required an appropriate amount of growth capital. We are pleased to be able to provide the capital he needed and to have the opportunity to work with Pat and his fine company” stated Jim Hallene, Founding Partner, CapX Partners.
