American-Products

American Products

Business Description

American Products Company, Inc. (APC) was a leading designer, marketer and manufacturer of automotive aftermarket accessories for the compact performance and sport-truck segments of the market sold through thousands of retail locations domestically and abroad.

Background

Because of its rapid growth, APC needed to arrange a new larger credit facility that solved both its short term credit needs as well as longer term growth.

Solution

A principal of Carter Morse & Mathias acted at APC’s exclusive financial advisor in arranging a new credit facility with Union Bank of California which provided both the short term and long term flexibility that the company needed.