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New York, NY – Advanced Energy Capital provided the funding for Alpine 4 Technologies, Ltd. (OTCQB: ALPP) to close on their latest acquisitions of Excel Fabrication. {Insert Company Description}
Body: Advanced Energy Capital provided the funding for Alpine 4 Technologies, Ltd. to close on their latest acquisitions of Excel Fabrication. The $1,000,000 facility was completed and funded on March 4, 2020 and provided crucial proceeds to support the close on the acquisition and is expected to provide ongoing liquidity as Excel Fabrication and Alpine 4 Technologies continues to implement their growth strategy.
“AEC continues to be an important funding partner of ours and an integral part of our long-term growth strategy. The Excel acquisition represents the third company AEC has funded for us and we look forward to working with them on future transactions,” said Kent B. Wilson, CEO of Alpine 4. “AEC has proven to be the one of the most flexible, creative, quick and reasonable financing companies around.”
“We truly appreciate Kent’s business acumen, specifically his ability to identify undervalued companies, execute on complex acquisitions, and then integrate them into Alpine’s ecosystem,” said Steven Feldman, Managing Director of AEC. “Working with Alpine on this third transaction only solidifies our confidence in Kent’s vision,” added Jack Doueck, principal of AEC
About AEC:
AEC is a commercial finance company which provides working capital financing ranging from $500,000 to $8 million to small and middle market manufacturers, distributors, and service companies nationwide. Based in New York, AEC is committed to helping businesses increase their capacity for business transactions. AEC’s programs provide companies with capital in a fraction of the time it would take to process a loan through the bank and in many cases provide significantly higher proceeds than the traditional factoring companies and asset-based lenders, while taking on assignments the traditional commercial finance market ignores.
About Alpine 4 Technologies:
Alpine 4 Technologies, Ltd (OTCQB: ALPP) is a publicly traded conglomerate that is acquiring businesses that fit into its disruptive DSF business model of Drivers, Stabilizers and Facilitators. At Alpine 4, we understand the nature of how technology and innovation can accentuate a business. Our focus is on how the adaptation of new technologies, even in brick and mortar businesses, can drive innovation. We also believe that our holdings should benefit synergistically from each other with the ability to have collaboration across varying industries that spawns new ideas and creates fertile ground for competitive advantages. This unique perspective has culminated in the development of our Blockchain enabled Enterprise Business Operating System called SPECTRUMebos.
