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Monroe Capital Increases Credit Facility to National Credit Center

January 29, 2019, 07:17 AM
Filed Under: Technology

Monroe Capital LLC and SNH Capital Partners (SNH) announced the completion of a second recapitalization of National Credit Center (NCC), an SNH portfolio company. Monroe provided the financing through an upsizing of its senior credit facility. 

Based in Las Vegas, Nevada and founded in 1996, NCC is a leading provider of comprehensive data solutions to maximize automotive dealer performance.

"NCC continues to experience tremendous growth and we are excited about the Company’s financial trajectory.  Monroe has been an outstanding partner to SNH and NCC,” stated Jevin Sackett, CEO and Managing Partner of SNH Capital Partners. 

“We are delighted to have executed this transaction, which is representative of Monroe’s financing capabilities to sponsors like SNH,” commented Tom Aronson, Managing Director and Partner of Monroe Capital.

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