BETHESDA, MD – MidCap Financial, a leading commercial finance company specializing in middle-market transactions, has closed a $75 million senior secured credit facility for Dixie Group, Inc.
The proceeds from the facility were used to refinance Dixie Group’s existing revolving credit facility and will provide ongoing working capital to support the company’s operations and growth initiatives.
This transaction reinforces MidCap Financial’s commitment to providing tailored financing solutions that help middle-market businesses enhance liquidity and achieve long-term financial stability.