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MidCap Financial Provides $50MM Senior Secured Revolving Credit Facility to Transfix

June 21, 2021, 07:53 AM
Filed Under: Technology
Related: MidCap Financial

MidCap Financial provided a $50 million senior revolving credit facility to Transfix, Inc. (“Transfix”), a technology-driven digital freight marketplace. The MidCap Financial credit facility refinanced the company’s prior credit facility and will provide for the company’s go-forward working capital needs.

Founded in 2013 and headquartered in New York, NY, Transfix  is a rapidly growing digital freight marketplace acting as a broker between carriers and shippers, as well as a provider of complementary SaaS and service offerings.

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