FrontWell Capital Partners closed a USD$6 million secured credit facility with Armored Republic Holdings LLC, a manufacturer of ballistic armor and body armor solutions.
The facility, comprised of a revolver and a term loan, will be used by Armored to refinance its existing debt and provide additional working capital liquidity to support Armored Republic's growth.
"We are excited to work with Armored on providing a credit facility that will allow the company to focus on their growth strategy," said Patrick Dalton, Chief Executive Officer of FrontWell.
"FrontWell's flexible and creative approach to structuring a financing solution will allow our company to execute on our strategic initiatives," said David Reece, Chief Executive Officer of Armored Republic.
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