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Fifth Third Bank Provides Kitchen Cabinet Designers a New $35MM ABL Senior Credit Facility to Support Growth Strategy

October 24, 2022, 07:45 AM
Filed Under: Distribution
Related: Fifth Third Bank

Fifth Third Bank provided a $35,000,000 senior credit facility comprised of a revolving credit facility and term loan to Kitchen Cabinet Designers, LLC to support the company's growth strategy.

Kitchen Cabinet Designers, LLC, dba Kitchen Cabinet Distributors, was founded in 2007 and imports and distributes kitchen & bathroom cabinets and accessories throughout the US with regional locations in Raleigh, NC; Orlando, FL; Houston, TX; and Reno, NV. KCD sources its products from various offshore manufacturers and distributes to a customer base of over 2,000 national and regional suppliers, custom cabinet makers, dealers, and remodelers. KCD has become a leading distributor of kitchen cabinets in the United States with one of the industry's shortest and most dependable lead times. The company is a portfolio company of Ninth Street Capital Partners. Mezzanine Debt was provided by Tecum Capital.

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