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FirstMerit Bank Business Credit Closes $10.5MM Facility to Lake County Press

February 13, 2014, 07:39 AM
Filed Under: Printing

FirstMerit Bank Business Credit announced it closed a new $10.5 million revolving credit loan and term loan facility to Lake County Press, Inc. on January 2, 2014.  Proceeds of the facility were used to refinance existing debt.

FirstMerit Bank Business Credit provides working capital and term loan facilities to middle–market companies for acquisitions, LBO’s, MBO’s recapitalizations, rapid growth, seasonal working capital build-up, and turnaround situations.

Lake County Press, Inc., headquartered in Waukegan, Illinois, focuses on the production of high-impact printed products and multiple piece projects from simple one color reproduction through sophisticated multi-color printing.

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