NEW YORK – SLR Business Credit has provided a $15 million asset-based revolving line of credit to a Midwest-based transportation and logistics company, enabling it to pay down its previous lender and secure additional working capital to fuel ongoing growth and expansion.
The company offers comprehensive transportation solutions, including asset-based dry, refrigerated, and specialized full truckload, less-than-truckload, and brokerage services, with nationwide coverage through its driver network.
Despite the borrower’s structure consisting of multiple operating companies, SLR Business Credit successfully designed a single, streamlined credit facility to support the operational needs of each entity.
“SLR Business Credit has extensive experience financing transportation and logistics companies,” the firm stated. “We are proud to provide flexible financing that enables our clients to scale and optimize their operations in a competitive industry.”
