FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

BofA Business Capital Provides $20MM Facility to ShelterLogic

Date: Oct 23, 2014 @ 07:47 AM
Filed Under: Manufacturing

Bank of America Business Capital has provided a $20 million senior secured revolving credit facility for ShelterLogic LLC. Proceeds from this loan will be used to support the company’s new distribution facility on the West Coast and provide on-going working capital.

ShelterLogic has a unique history of strategically partnering with customers to meet and exceed their unique outdoor product requirements. Driving innovation since 1991, ShelterLogic is evolving into a leader in design, manufacturing, and distribution of high quality outdoor products. Headquartered in Watertown, Connecticut, ShelterLogic owns and operates manufacturing in the United States and China. They distribute worldwide and have distribution centers in Europe, Canada and the U.S.

Bank of America Business Capital is one of the world’s largest asset-based lenders, with more than ten primary offices serving the United States, Canada and Europe. It provides corporate borrowers with senior secured loans of $10 million or more, cash management, interest rate and foreign exchange risk management, and a broad array of capital markets products.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.