Monroe Capital LLC announced the funding of a $10 million senior secured term loan to support the growth of BookIt.com.
 
Based in Panama City, Florida, BookIt.com is a privately-held online travel agency providing customers travel packages to leisure destinations in the United States, Mexico and the Caribbean. BookIt.com offers customers the ability to search for and book a broad range of travel products and services, including hotels, air travel, car rentals, cruises, travel insurance and destination services from suppliers.
 
Monroe Capital is a private investment firm providing senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments.