Daily News: July 23, 2014

FirstMerit Closes Roosevelt Capital Revolver

FirstMerit Bank Business Credit announced it closed a new $8.5 million revolver to Roosevelt Capital on June 27, 2014. Proceeds were used to refinance existing debt and provide working capital.

Mount Pleasant, WI-Roosevelt Capital d/b/a Promotions Unlimited is a distributor of consumer products to the healthcare industry, buying groups and independent drug, variety, hardware, automotive, grocery and craft stores.