|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MB Business Capital Provides $11.88MM Facility for Off-Spec Solutions
|
Lenders/Participants
|
MB Business Capital [Administrative Agent, Lender]
|
|
Structure
|
Senior Credit Facility
|
|
Amount
|
$11.880
Million
|
|
Borrower(s)
|
Off-Spec Solutions
|
|
Description
|
MB's credit facility was used to refinance senior indebtedness, provide additional working capital, and fund the Company's growth initiative in converting the Company's existing rolling stock from operating leases to on-balance sheet financing. Transaction details not disclosed.
|
|
Industry
|
Trucking
|
|
Location
|
ID
|
| Related Tags |
MB Business Capital
|
ABL Advisor
Deal Tables
2024
|
|
|
|