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Legacy Corporate Lending Provides $7MM ABL Facility to PostWorks New York

May 31, 2023, 08:00 AM
Filed Under: Media

Legacy Corporate Lending completed a $7 million credit facility to PostWorks New York, LLC (“PostWorks”) to support the company’s ongoing capital needs continued growth.

Independently owned and based in New York City, PostWorks is the East Coast's most comprehensive digital motion picture and post-production facility, providing an array of services for feature film and episodic television through a dedicated team of artists, engineers and project managers. For more than 25 years, the company has been home to many of New York’s most acclaimed film and television projects.

“We are delighted to be able to provide PostWorks with a financing package tailored to meet their current needs and to provide a framework for future growth,” said Paul Martin, Chief Investment Officer of Legacy Corporate Lending.

Launched in May 2023 in partnership with Bain Capital Credit, L.P., Legacy provides revolving credit facilities and term loans to companies in an array of industries that seek to access capital outside of traditional bank lending or the syndicated lending market. PostWorks marks Legacy’s first transaction.

“Throughout the financing process, the Legacy team was a thoughtful and value-added financing partner,” said David Rosen, CEO of PostWorks. “They worked closely with our team to meet our timing needs, and we look forward to a continued partnership with Legacy as we continue to grow our

Watch the exclusive ABL Advisor interview with Clark Griffith, CEO of Legacy Corporate Lending:

Legacy Corporate Lending – Newly Launched and Positioned for Success

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