MidCap Business Credit completed an $8 million asset-based credit facility for a distributor of ready-to-assemble wooden furniture frames.
MidCap Business Credit completed a $12 million asset-based credit facility for an underground utility contractor located in New England. The opportunity was sourced and closed out of MidCap’s headquarters in West Hartford, CT.
MidCap Business Credit completed an $11.2 million asset-based credit facility for a producer of luxury bottled and canned water products headquartered in New York. The opportunity was sourced and closed out of MidCap Business Credit’s regional office in West Hartford, CT.
MidCap Business Credit closed a $16 million asset-based credit facility for E.R. Wagner Manufacturing Company. The new relationship was sourced and closed out of MidCap’s headquarters in West Hartford, CT.
MidCap Business Credit closed on a $6.5 million asset-based credit facility to a New England-based distributor of licensed pharmaceutical products. The new relationship was sourced and closed out MidCap’s headquarters in West Hartford, CT.
MidCap Business Credit closed on an $12 million senior secured credit facility for a manufacturer and assembler of mattresses and foundations.
MidCap Business Credit completed a $12 million asset-based credit facility for Responsible Energy Operations, a thermal coal mining and processing business headquartered in Petersburg, IN.
MidCap Business Credit closed on a $3.5 million asset-based revolving line of credit for Momenta, an importer and distributor of arts and crafts related consumer products headquartered in Portsmouth, NH.
MidCap Business Credit closed a $10 million revolving credit facility for Fairway Lumber (Bay Forest International), which used the credit facility to refinance its existing senior debt and to support growth.
MidCap Business Credit closed on an $8 million asset-based credit facility for a manufacturer of precision components and assemblies in the aerospace and defense industry.