Daily News: March 5, 2018

Taunton Places $5MM Capital Line for S & L Industries

Taunton Commercial Capital placed a $5 million working capital line for S & L Industries, a contractor of underground mining services and convey belt systems in Clay, KY.

The financing will be used to provide working capital and support the company’s growth trajectory.

“We are pleased to have placed this $5 million working capital line for S & L Industries,” said Lee Bergeron, president at Taunton Commercial Capital. “Taunton Commercial Capital provided financial and strategic advice to the company, helping position the business for placement.”

Taunton Commercial Capital is a full-service, financial services company headquartered in Connecticut. Through its wide range of investment partners, Taunton Commercial Capital provides equipment leasing and working capital services and has wide distribution for lease and loan placements.