PLANO, TX – January 16, 2024 – Legacy Corporate Lending, LLC (“Legacy”), an independent asset-based lending (ABL) company focused on serving the needs of middle market companies across North America, today announced the closing of a robust slate of asset-based lending transactions during the second half of 2023.   

The recent financings were provided to a variety of independent and sponsor-backed borrowers in the middle market, including a $10 million revolving credit facility to a powersports distributor focused on exhaust systems, a $25 million revolver and term loan facility to a leading toy and game company, a revolving credit facility of $12.5 million to a producer and supplier of fresh and frozen seafood, and   $12.5 million revolving credit facility to a U.S.-based exporter of alfalfa and hay products.  

“We are deeply proud of what we have accomplished since launching earlier last year,” said Clark Griffith, CEO of Legacy.  “In addition to capitalizing on our active deal pipeline, we have successfully grown our team, operations, and lending capabilities.  We look forward to continuing to build out our diversified lending platform to serve leading middle market companies across an extensive array of industries.”   

Since launching in May 2023 with a significant investment from Bain Capital Credit, L.P., Legacy has achieved various company milestones. Including its latest transactions, Legacy has built six portfolio accounts with total loan commitments of over $75 million. In October 2023, Legacy closed a $100 million senior credit facility from Wells Fargo Capital Finance to support the company’s growth in serving the middle market ABL space. Additionally, the firm has strategically built out a team of talented and experienced industry veterans to lead key operations, portfolio management, originations, and underwriting functions.

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About Legacy Corporate Lending
Legacy Corporate Lending is an independent asset-based lending company providing revolving lines of credit and term loan commitments up to $40 million in transaction size. Legacy provides direct financing to middle market companies, private and public companies, across a wide spectrum of industries including automotive, business services, consumer products, distribution & wholesale, e-commerce &
retail, food & beverage, manufacturing, transportation & logistics. Legacy is a portfolio company of Bain Capital Specialty Finance, Inc. and Bain Capital Private Credit, which are externally managed by BCSF

Advisors LP, an SEC-registered investment advisor. For more information, visit
legacycorporatelending.com.

Media Contact:
Scott Lessne / Thomas Conroy
Stanton
slessne@stantonprm.com / tconroy@stantonprm.com
(646) 502-3569 / (646) 502-9006

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