NewStar Business Credit provided a $6.5 million secured credit facility to World Class Technology (WCT). McMinnville, OR-based WCT designs, manufactures and distributes a full line of proprietary orthodontic products sold under the Ortho Classic brand name.

WCT is a portfolio company of Caltius Equity Partners, a private equity firm based in Los Angeles. The credit facility will be used to support the company’s working capital needs.

“We are pleased to provide a flexible financing solution for World Class Technology as we expand our presence in the Pacific Northwest marketplace,” stated NewStar EVP and national marketing manager, Milton Iskra.

The transaction was originated by Lisa Adams, a senior vice president located in NewStar’s San Francisco office