Veritas Financial Partners said it closed a $30 million financing for a leading media and publishing company based in the Southeast. In order to meet the complex needs of the borrower, Veritas said it arranged a comprehensive financing solution by bringing in and working with another midmarket lender and provided a $7 million asset-based revolving credit facility while assisting the other lender in closing a term loan for the balance of the funding.

After performing complex due diligence, Veritas was able to close the transaction within 60 days and provide the borrower with seamless execution between the two lenders. Veritas’s credit solution allows the borrower to continue executing its operating strategy with greater working capital to fund growth.

This transaction marks Veritas’s fifth closing using proceeds from its recently announced $125 million capital raise.