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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Staffing 360 Solutions Closes $28MM Facility With MidCap Financial
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Lenders/Participants
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MidCap Financial [Lender]
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Structure
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$25MM Revolver; $3MM Term Loan
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Amount
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$28.000
Million
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Borrower(s)
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Staffing 360 Solutions, Inc.
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Description
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A $25 million revolving credit facility and $3 million term loan. The $3 million term loan has a term of four years and will provide working capital to support organic growth and improve the company's balance sheet. The $25 million revolving credit facility is backed by the company's accounts receivables and will replace the company's existing $15 million facility with Wells Fargo, providing additional room for expansion as the company grows.
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Industry
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Staffing Services
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| Related Tags |
MidCap Financial
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ABL Advisor
Deal Tables
2025
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