Genesis Capital Advises Chime Solutions on Capital Raise

Genesis Capital Advises Chime Solutions on Capital Raise

Genesis Capital is pleased to announce Chime Solutions, Inc. (“Chime”) has received a loan facility from ExWorks Capital (“ExWorks”) to support its rapid growth.

Chime is a business process outsourcing company providing high-touch customer care, seasonal and BPO services to a nationally recognized client base across multiple industries.

Under the terms of the agreement, ExWorks will provide a loan facility to support Chime’s facility expansion and working capital needs. The growth investment will provide Chime with the necessary capital to expand its existing state-of-the-art contact center to over 100,000 square feet and its headcount by greater than 1,300 employees in less than four months.

Mark Wilson, CEO of Chime Solutions, said “Genesis Capital was instrumental in helping us secure a financing partner to execute our growth strategy and close the transaction within an extremely short timeframe.”

Genesis Capital, LLC acted as the investment banking advisor to Chime Solutions while Arnall Golden Gregory LLP served as legal counsel on the transaction.

About Chime Solutions
Chime Solutions, a family-owned and nationally certified Minority Business Entity, creates distinctive customer care experiences for its clients across many industries. From customer care to seasonal and BPO support services, Chime’s experienced team delivers quality service via its cloud-based customer platform. Chime Solutions has delivered customer service solutions that have ensured long-term customer retention and, ultimately, revenue for its clients.

About ExWorks Capital
ExWorks Capital provides export, import and specialty trade financing solutions to underserved U.S. companies and qualified international buyers. ExWorks Capital is partnered with RedRidge Finance Group, a Chicago, IL based specialty lender and professional services company providing financing solutions and due diligence services. Redridge focuses on financing for growth, acquisitions, and restructurings.

Company Type: Private Companies

Transasction Type: Private Capital

Industry: Business Services