MidCap Financial announced it has provided $13.5 million in revolving debt financing to support the refinancing of Wood-Mode, Inc. - a custom cabinet manufacturer. The credit facility will provide for the ongoing working capital needs of Wood-Mode, Inc.
Wood-Mode was founded in 1942 and is the nation's largest manufacturer of custom cabinetry for kitchens, baths, and other rooms throughout the home. The company has been family-owned throughout its 70+ years of operation and its products are manufactured exclusively in the United States. Wood-Mode cabinets are marketed through a network of over 600 independent dealers located throughout the United States and Canada.