FrontWell Capital Partners closed a $14.2 million secured credit facility with Uniroyal Engineered Products, a manufacturer of vinyl-coated fabrics and soft trim technologies.
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The facility, comprised of a revolver and a term loan, will be used by Uniroyal to refinance its existing debt and provide additional working capital liquidity to support Uniroyal’s sales initiatives.
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“We are happy to provide a credit facility to Uniroyal that will allow the company to lean into their future sales opportunities,” Patrick Dalton, CEO of FrontWell, said.
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“FrontWell’s financing solution will allow our company to execute on a strategic plan which includes sales growth objectives,” Howard R. Curd, CEO of Uniroyal, said.
