The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wintrust Receivables Finance Closes $15MM LOC for Third-Party Logistics Firm
Wednesday, October 4, 2023
|
Lenders/Participants
|
Wintrust Receivables Finance [Lender]
|
|
Structure
|
Accounts Receivable Line of Credit
|
|
Amount
|
$15.000
Million
|
|
Borrower(s)
|
Undisclosed
|
|
Description
|
The new $15 million line is more than double what the previous bank was able to provide. With the larger WRF line in place, the company’s management feels they have access to the working capital they need to execute their growth plan.
|
|
Industry
|
Logistics
|
| Related Tags |
Logistics, Wintrust Receivables Finance
|
ABL Advisor
Deal Tables
2023
|
|
|
|