CIT Northbridge provided a $70 million revolving line of credit to a U.S based packaging production company. The financing will be used to support the company’s working capital needs as it continues to deliver flexible packaging solutions for premier consumer brands.
“At CIT Northbridge, we are committed to providing flexible financial solutions to help companies grow and scale their business,” Neal Legan, business leader at CIT Northbridge, said. “We are excited to extend this financing and support the company as it continues to strengthen its market position and execute its long-term business objectives.”
