- Amerisource Business Capital Expands Team with New Regional Market Manager Appointment
- KeyBank Expands Commercial Banking Teams in Chicago and Southern California to Serve the Middle Market
- Provident Expands Commercial Lending Team as Part of Regional Growth Strategy for Eastern Pennsylvania
- Appraisers See a Mixed Picture for Valuations
- SLR Business Credit Adds Mark J. Simshauser as Senior Vice President Supporting Growth in Northeast US
MidCap Financial Provides a $15 Million Senior Secured Credit Facility to ImageOne Industries, LLC
By MidCap Financial
MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $15 million senior secured credit facility to ImageOne Industries, LLC (“ImageOne”), a provider of branding, signage, and maintenance services. The MidCap Financial credit facility refinanced the company’s prior credit facility and will provide for the company’s go-forward working capital needs.
About the Company
Founded in 2007 and headquartered in Bensalem, PA, ImageOne (https://www.i1ind.com/) designs and manufactures branding and signage for external and internal purposes, as well as provides construction and maintenance services.
About MidCap Financial
MidCap Financial is a middle market-focused, specialty finance firm that provides senior debt solutions to businesses across all industries throughout North America and Europe. The firm's years of experience, strong balance sheet, and flexibility make it a lender of choice for companies across all stages of growth and complexity. MidCap Financial's debt solutions focus in six areas:
• Asset Based Lending - asset-based revolving loans and term loans collateralized by accounts receivable, inventory and other tangible and intangible assets;
• Leverage Lending - leverage based loans to companies backed by private equity sponsors;
• Life Sciences & Technology Lending - loans to VC-backed and public pharmaceutical, biotech and medical device, diagnostics, healthcare IT, enterprise software and hardware companies;
• Real Estate Lending - loans to developers and operators of commercial, residential and healthcare real estate;
• Lender Finance - term loans and revolving credit facilities to consumer and commercial finance lenders;
• Franchise Finance - loans to franchisees operating in the quick service restaurant and other industries.
MidCap Financial refers to MidCap FinCo Designated Activity Company, a designated activity company limited by shares incorporated under the laws of Ireland, and its subsidiaries, including MidCap Financial Trust. MidCap Financial is managed by Apollo Capital Management, L.P., a subsidiary of Apollo Global Management, Inc. MidCap Financial Services, LLC provides sourcing, due diligence, and portfolio management services to MidCap Financial. Loans made or arranged pursuant to a California Finance Lenders Law license.
Additional information about MidCap Financial can be found at www.midcapfinancial.com
Contact: MidCap Financial Services, LLC
Garrett Fletcher, Product Head – ABL
301-841-6439
gfletcher@midcapfinancial.com