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Capteris Closes $15MM Term Loan for Logistics Solutions Provider

October 23, 2023, 07:00 AM
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Capteris closed a $15 million term loan with a major North American logistics solutions provider. The loan was part of a larger refinancing package by which Capteris was able to provide an attractive debt solution that allowed the company to address current loan maturities while freeing up liquidity from their existing fixed assets.

“Working closely with our Capital Markets partner, we were able to provide a meaningful capital commitment to help our mutual client achieve their desired liquidity and cash flow goals,” said Lance Rhodes, Managing Director and Head of Capital Markets at Capteris.

Capteris is a provider of mid and large ticket equipment finance solutions targeting the midmarket, large corporate, and financial sponsor segments.

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