SLR Business Credit closed a $7 million credit facility for a century-old manufacturer specializing in the durable goods sector. The company, which has a long-standing presence in the Midwest, sought SLR’s expertise to secure a more flexible credit solution to invigorate its operations and support its growth trajectory.
Having faced challenges during the COVID-19 pandemic, the manufacturer is now positioned for expansion. With the newly established revolving line of credit from SLR, complemented by a real estate loan from a partner bank, the company is equipped with the liquidity necessary to execute its growth plans and enhance its market position.
