FrontWell Capital Partners closed a USD$14.2 million secured credit facility with Uniroyal Engineered Products, a manufacturer of vinyl-coated fabrics and soft trim technologies.
The facility, comprised of a revolver and a term loan, will be used by Uniroyal to refinance its existing debt and provide additional working capital liquidity to support Uniroyal's sales initiatives.
"We are happy to provide a credit facility to Uniroyal that will allow the company to lean into their future sales opportunities," said Patrick Dalton, Chief Executive Officer of FrontWell.