CIT Northbridge provided a $60 million asset-based revolver to Certified Origins. CIT Northbridge served as the sole lender on the transaction, and Arch & Beam was the advisor for Certified Origins.
“CIT Northbridge’s understanding of our business and ability to deliver a tailored financing solution made them an ideal banking partner as we continue integrating our businesses and investing in the growth of our company in North America,” Rod Hogan, chief financial officer of Certified Origins, said.
“Certified Origins has built a strong reputation as a trusted provider of high-quality products,” Neal Legan, business leader at CIT Northbridge, said. “We are pleased to extend this recent financing, which provides Certified Origins with additional flexibility to pursue its strategic growth objectives.”
