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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