Legacy Corporate Lending completed a $7 million credit facility for PostWorks New York, a digital motion picture and post production services provider, to support the company’s ongoing capital needs and continued growth.
Independently owned and based in New York City, PostWorks provides an array of services for feature film and episodicTVthroughadedicatedteamofartists,engineersandprojectmanagers.
“We are delighted to be able to provide PostWorks with a financing package tailored to meet their current needs and to provide a framework for future growth,” Paul Martin, chief investment officer of Legacy Corporate Lending, said.
Launched in May in partnership with Bain Capital Credit, Legacy Corporate Lending provides revolving credit facilities and term loans to companies in an array of industries that seek to access capital outside of
traditional bank lending and/or the syndicated lending market. The transaction with PostWorks is Legacy Corporate Lending’s first deal since launching.
“Throughout the financing process, the Legacy team was a thoughtful and value-added financing partner,” David Rosen, CEO of PostWorks, said. “They worked closely with our team to meet our timing needs, and we look forward to a continued partnership with Legacy as we continue to grow our business.”
