FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

MidCap Business Credit Closes $5MM ABL Revolver for Foam Product Designer, Extruder

March 09, 2021, 08:00 AM
Filed Under: Manufacturing

MidCap Business Credit closed 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.  







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.