MidCap Business Credit closed on a $12 million asset-based credit facility for EQ Holdings, located in Golden Valley, MN. The new relationship was sourced out of MidCap’s office in Dallas.
MidCap Business Credit closed on a $9 million asset-based credit facility for Titan Production Equipment, headquartered in The Woodlands, TX.
MidCap Business Credit closed on a $6 million asset-based credit facility for Texas Contract Manufacturing Group and its wholly-owned subsidiaries, Lor-Van Manufacturing and Apex Machining.
MidCap Business Credit closed on a $6.5 million asset-based revolving line of credit for Horizon Mud Company, which headquartered in Midland, TX.
MidCap Business Credit closed on a $4.5 million asset-based revolving line of credit for CR Brands, a consumer packaged goods company headquartered in West Chester Township, OH.
MidCap Business Credit has appointed Bill Nay as senior vice president to its business development team and Rebecca Smith as senior vice president to its risk team as an underwriter.