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- EBSC Lending Provides $26.2M Financing for a 41-Unit Affordable Community in Michigan
- Mattr Announces Closing of Its Credit Facility
- Fifth Third Business Capital Provides a New $15 Million Senior Credit Facility to Support the Refinancing of Puraglobe Syntainics, LLC
MidCap Business Credit Closes $5 Million Asset-Based Revolving Line of Credit
March 8, 2021
Source: MidCap Business Credit
MidCap Business Credit announced today they have closed on a $5,000,000 asset based revolving line of credit for a designer and extruder of foam products and components used in a variety of industries.
The opportunity was sourced out of MidCap’s office located in Atlanta, GA. Rusty Bramlett, Senior Vice President of MidCap Business Credit said, “We were able to provide the company with a deal structure which will allow them the flexibility they need to execute on their strategic plan and support their growth”.
MidCap Business Credit provides asset-based credit facilities to lower and middle market businesses nationwide, who have borrowing requirements from $2MM to $20MM.
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