36th Street Extends and Upsizes Credit Facility to $280MM
April 17, 2023
Source: 36th Street Capital
36th Street Capital announced today that it recently extended and upsized its senior secured revolving credit facility to $280 million, an increase of $110 million.
The credit facility includes six lenders and is led by Capital One, N.A. as agent.
“We are very pleased to welcome two additional lenders to our facility and sincerely appreciate the support of all our bank partners in this upsize and extension” said Kiran Kapur, 36th Street’s CEO. “The increased capacity further strengthens our role as a reliable funding source to our clients.”
About 36th Street Capital
36th Street Capital Partners, LLC is an independent provider of alternative funding solutions for the equipment financing industry. Headquartered in New Jersey, the firm provides growth liquidity options to middle market companies nationwide through loan and lease transactions.
36th Street Capital Partners, LLC is a joint venture affiliate of BlackRock TCP Capital Corp (NASDAQ: TCPC). For more information, visit www.36thstreetcapital.com.
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