|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
MidCap Financial Provides $10MM Revolving Line of Credit to Mervin Manufacturing
Monday, December 19, 2022
|
Lenders/Participants
|
MidCap Financial [Lender]
|
|
Structure
|
$10MM Revolving Line of Credit; $5MM Senior Secured Term Loan
|
|
Amount
|
$10.000
Million
|
|
Borrower(s)
|
Mervin Manufacturing
|
|
Description
|
A $10 million revolving line of credit and $5 million senior secured term loan to Mervin Manufacturing, Inc. Proceeds from MidCap Financial were used to refinance the Company’s prior credit facilities and will provide for the business’ ongoing working capital needs.
|
|
Industry
|
Manufacturing
|
| Related Tags |
MidCap Financial
|
ABL Advisor
Deal Tables
2025
|
|
|
|