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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MidCap Business Credit Provides $4.75MM ABL to Southern Exchange
Friday, November 21, 2014
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Lenders/Participants
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MidCap Business Credit LLC [Lender]
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Structure
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Revolver
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Amount
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$4.750
Million
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Borrower(s)
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Southern Exchange, L.P., D/B/A, Texsport
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Description
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The revolver is supported with advances against the company’s accounts receivable and inventory. In addition to refinancing the previous lender, the proceeds will be used to support working capital requirements. Transaction details not disclosed.
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Industry
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Wholesale
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Location
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TX
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| Related Tags |
MidCap Business Credit
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ABL Advisor
Deal Tables
2024
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