Veritas Financial Partners has closed a $3 million credit facility for Hammond Electronics, Inc. to refinance their existing senior debt and provide additional working capital for their business. Located in Orlando, Florida, Hammond is a broad line distributor of electronic components and is a supplier of interconnect products in the Southeastern United States.
Gregg Simpson, Senior Vice President of Veritas Financial Partners, said, “I would like to express my appreciation to Mr. John Hammond and Mr. David Klein for their consummate professionalism throughout this transaction. Veritas looks forward to a long and successful relationship with Hammond Electronics.”