Marc Pressler joined Monroe Credit Advisors as a managing director in its Chicago office. Pressler previously worked for Associated Bank, BMO Harris Bank, Madison Capital Funding, GE Capital, Heller Financial and LaSalle Bank.
Monroe Credit Advisors placed $27.1 million in senior credit facilities on behalf of Viva5. Monroe Credit Advisors was Viva5’s exclusive financial advisor and placement agent and ran an expedited debt placement process for the company.
Although the economy has slowly recovered since the Great Recession, many traditional lenders are still wary of lending to the middle market. Monroe Credit Advisors’ Brent Krambeck and Linda Crothers discuss their team’s mission of pairing middle market companies with the lenders that will help them achieve their goals. While Monroe Credit initially focused on borrowers seeking debt capital solutions, the firm soon expanded the practice to include lease and capital equipment finance advisory and placement services.
Monroe Credit Advisors placed $87.5 million of lease financing for four separate clients representing a variety of industries and leasing products.
Kent Foster joined Monroe Credit Advisors as vice president in its Chicago office. Prior to Monroe, Foster was a VP at GE Capital, where he held several positions across the leveraged lending platform.
Monroe Credit Advisors placed a $25 million senior secured credit facility for SafeGuard World International, a provider of payroll, employment outsourcing and human resources services.
Monroe Credit Advisors placed a $20 million term loan for London Broadcasting Company (LBC), a portfolio investment of SunTx Capital Partners.
Monroe Credit Advisors placed a $23 million facility for Skyline Windows, a Merit Capital Partners portfolio company. Proceeds were used to refinance existing debt.
Monroe Credit Advisors placed a $15 million senior secured credit facility for SafeGuard World International, a provider of global payroll, employment outsourcing and human resources services.
Monroe Credit Advisors has placed $65 million of senior and junior secured credit facilities for its client, Bird Electric Enterprises. Proceeds of were used to consolidate and refinance existing debt.