MidCap Business Credit announced they have closed on an $8,500,000 Asset Based Credit Facility for ProFusion Industries, LLC, a portfolio company of Peak Rock Capital, a leading middle-market private equity fund.  Headquartered in Fairlawn, OH, ProFusion Industries, is a manufacturer of polymer-based products including flooring, specialty film, protective linings and custom compounds.

Alex Williamson. President & CEO of ProFusion Industries noted, “MidCap was extremely responsive and worked with us to create an efficient capital structure to support our continued growth.  We are very pleased with our new partnership with MidCap Business Credit and appreciate their lending expertise and commitment to our organization”

The opportunity was sourced out of MidCap’s office in Atlanta, GA.   Rusty Bramlett, Senior Vice President of MidCap Business Credit said, “We are excited to work with Peak Rock Capital and the ProFusion team.   We were able to structure a flexible working capital solution to assist the business in meeting their financial objectives”.

MidCap Business Credit provides asset-based credit facilities to small and middle market businesses nationwide, who have borrowing requirements from $2MM to $15MM.