MidCap Business Credit LLC Completes $5 Million Asset-Based Credit Facility to a Manufacturer and Distributor of Cryogenic Storage and Transportation Equipment
May 20, 2024
Source: MidCap Business Credit LLC
MidCap Business Credit LLC announced today that it has completed a $5 million asset-based credit facility to a manufacturer and distributor of cryogenic storage and transportation equipment located in the Southeast.
The opportunity was sourced and closed out of MidCap’s regional office in Atlanta, GA.
MidCap Business Credit provides asset-based credit facilities to lower and middle-market businesses nationwide, who have borrowing requirements from $3MM to $20MM.