Veritas Financial Partners closed an $8.5 million credit facility for Stainless Foundry & Engineering to refinance its existing senior debt and provide additional capital for a transaction set to close in the fourth quarter.

Headquartered in Milwaukee, SFE is a manufacturer of stainless steel and high alloy castings serving diverse markets. With annual shipments of nearly four million pounds, SFE has the technical competence and manufacturing expertise to deliver specialized products ranging from grams to over 2,800 pounds.

Tom Shinners, CFO of SFE, said, “When we were selecting our new lender, the Veritas team stood out by proposing a customized solution to our unique capital needs and opportunity. Veritas then fully delivered on that promise, while achieving all scheduled milestones.”

Veritas Financial Partners is a specialty finance firm that provides $2 million to $15 million senior secured credit solutions to businesses across various industries.