NewStar Business Credit provided senior secured credit facilities totaling $8 million to Roscom, a Croydon, PA-based custom compounder of flexible and rigid PVC pellets. Its products are used in a wide variety of industries including non-metallic conduit, construction, plumbing, various tubing, as well as aeronautical, automotive and marine applications.

The credit facilities will be used to repay certain existing obligations and support the company’s working capital needs in connection with planned growth.

Roscom’s CFO, Nicholas M. Lynch, commented on the transaction: “The commitment and diligent work performed by the NewStar team was extraordinary. They were able to complete the transaction within a very stringent time frame. The joint effort between Roscom and NewStar is expected to be a cornerstone to a long, prosperous relationship.”

“We are thrilled to be a partner with this dynamic management team and look forward to helping Roscom grow for many years to come,” said Michael Haddad, president of NewStar Business Credit

The transaction was originated by Ken Frank, a senior vice president located in NewStar’s Philadelphia office.