ConnectionsAZ is a physician-led crisis psychiatric services provider that sought to build medication-assisted treatment clinics.

The company had credit risk associated with a 95% customer concentration with two government funded contracts, but CWC positioned the credit in a manner to get investors comfortable with its contract “stickiness” and growing demand.

CWC procured 14 term sheets and ultimately closed with a senior lender offering significantly lower interest expense than the mezzanine loan pricing that Management was anticipating. The robust and competitive process ultimately saved the company more than $700,000 in estimated annual interest expenses over initial expectations.