MidCap Business Credit closed two new senior secured ABL credit facilities totaling $19 million. The first is a $7 million facility comprised of a working capital revolver and machinery and equipment term loan for a manufacturer of highly engineered roller components for the digital printing industry. The second credit facility is a $12 million working capital revolver for a distributor of agricultural supplies. Both businesses are portfolio companies of Northeast based private equity groups and were sourced out of MidCap’s headquarters in West Hartford, CT.
“We continue to support the sponsor market with the flexible credit solutions their portfolio companies require in order to execute on their strategic plans,” Seth Cooper, senior vice president / national sales manager at MidCap Business Credit, said. “These two financings were a great way to end a strong new business year in 2025 with just under $200MM in commitments. We are anticipating another busy year and looking forward to continued growth in 2026.”
