CIT Northbridge Credit, through its investment advisor CIT Asset Management, served as sole lead arranger on a $75 million senior secured credit facility for MVP Staffing.
Headquartered in Deerfield, IL, MVP Staffing is a leading technology-enabled provider of back-office solutions for payroll and workers’ compensation benefits for small and mid-sized staffing companies throughout the U.S.
“We were impressed by the agility and expertise of the CIT Northbridge team in understanding our financing needs and developing a credit facility that will allow us to grow while continuing to serve our customers,” said Danny Barnett, CEO of MVP Staffing.
