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Eclipse Business Capital Provides $100MM Senior Credit Facility to Specialty Chemical Manufacturer

November 06, 2024, 08:09 AM
Filed Under: Chemicals

Eclipse Business Capital provided a $100 million senior secured credit facility to a specialty chemical manufacturer.  

The credit facility is secured by accounts receivable and inventory and will refinance the Company’s existing credit facilities and provide additional liquidity to support ongoing working capital and letter of credit needs.
 
EBC’s demonstrated track record of executing quickly, coupled with its flexible approach, and one-stop solution, provided the borrower with confidence that its business needs would be met.







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