Fuller Landau Acted as Exclusive Financial Advisor and Helped Close a $10 Million Asset Based Loan Facility

Fuller Landau Team • November 05, 2020

Fuller Landau Advisory Services Inc. acted as the exclusive financial advisor to Baron Auto Group on sourcing, negotiating, and closing a $10 million Asset Based Loan facility with Accord Financial.

Fuller Landau was engaged in the summer of 2020 by the clients seeking an Asset Based Loan facility to replace their existing lender. Jeffrey Mandell, Managing Director, Corporate Finance/M&A, was the lead corporate financial advisor on the mandate.

Special mention goes out to Olga Bender, Steven Bender, and Brian Kalish from Baron Auto Group for their leadership in this transaction.

About Baron Auto Group

Baron Auto Group is a direct lender for individuals and businesses. They specialize in providing financing options for new and used cars through flexible programs, quick approvals, and other benefits.

About Fuller Landau Advisory Services Inc.

We provide comprehensive advice and forward-thinking solutions empowering entrepreneurs to make proactive, results-driven decisions relating to business transition and growth, management buyouts, and equity and debt financing. Our corporate finance team has deep knowledge of capital structures and financing and has built strong relationships with bank and non-banker lenders.

About the Team

Jeffrey Mandell, MBA, J.D. is the Managing Director of Fuller Landau Advisory Services Inc. Jeffrey brings over 20 years of diverse professional experience to help you navigate through new business start-ups, operational turnarounds, mergers and acquisitions, and raising capital. He can be reached at jmandell@fullerllp.com or 416-645-6509.

Jonas Cohen, MBA, CPA, CA, is a Partner in our Corporate Finance/M&A team. Jonas provides financial advisory services – including sell-side, buy-side, due diligence, and corporate finance – to both internal and external clients. He helps clients monetize their investment, plan for succession, minimize risk, and find the best structure and financing solution for their specific situation. He can be reached at jcohen@fullerllp.com or 416-645-6574.