- Main Street Announces New $240 Million Secured Credit Facility
- Outset Medical Secures Up To $300 Million in Debt Financing
- Loeb Funds a $750,000 Term Loan for a Construction Woodworking Company
- LBC Supports the Refinancing and Add-on Acquisition for Sciens Building Solutions
- First Citizens Bank Provides Financing to Leavitt Equity Partners to Acquire Pediatrics Plus
SLR Business Credit Provides $15 Million Credit Facility to Transportation and Logistics Company
March 11, 2025
Source: SLR Business Credit
SLR Business Credit announces the funding of a $15 million asset-based revolving line of credit to a transportation and logistics company.
The credit facility was used to pay down the previous lender and to provide working capital to support the company's continuous growth and expansion.
The company provides transportation solutions through asset-based dry, refrigerated, and specialized full truckload, less-than-truckload, and brokerage services, with operations based in the Midwest, and a nationwide reach through their driver base.
Although the borrower was made up of numerous different operating companies, SLR Business Credit was able to structure ONE facility to assist with the operations of each company.
SLR Business Credit has extensive experience financing transportation and logistics companies.
For more information, please visit SLRBusinessCredit.com or contact Dan Tortoriello at 609.917.6202 or DanT@SLRBusinessCredit.com.
SLR Business Credit is a leading asset-based lender serving small and medium-sized companies who are looking for alternative solutions to traditional bank financing. SLR Business Credit delivers flexible financing solutions with credit facilities up to $100 million, focusing on factoring and asset-based loans tailored to client needs. SLR Business Credit is an SLR Investment Corp company [NASDAQ: SLRC].
The credit facility was used to pay down the previous lender and to provide working capital to support the company's continuous growth and expansion.
The company provides transportation solutions through asset-based dry, refrigerated, and specialized full truckload, less-than-truckload, and brokerage services, with operations based in the Midwest, and a nationwide reach through their driver base.
Although the borrower was made up of numerous different operating companies, SLR Business Credit was able to structure ONE facility to assist with the operations of each company.
SLR Business Credit has extensive experience financing transportation and logistics companies.
For more information, please visit SLRBusinessCredit.com or contact Dan Tortoriello at 609.917.6202 or DanT@SLRBusinessCredit.com.
SLR Business Credit is a leading asset-based lender serving small and medium-sized companies who are looking for alternative solutions to traditional bank financing. SLR Business Credit delivers flexible financing solutions with credit facilities up to $100 million, focusing on factoring and asset-based loans tailored to client needs. SLR Business Credit is an SLR Investment Corp company [NASDAQ: SLRC].