Veritas Financial Partners closed a $3 million credit facility for Hammond Electronics to refinance its existing senior debt and provide additional working capital.

Orlando, FL-based Hammond is a broad line distributor of electronic components.

Gregg Simpson, senior vice president of Veritas Financial Partners, said, “I would like to express my appreciation to John Hammond and David Klein for their consummate professionalism throughout this transaction. Veritas looks forward to a long and successful relationship with Hammond Electronics.”