Capteris closed a $22.5 million loan for an inland freight marine company. The customer was looking to work with lenders who knew their industry and could provide flexible terms and structure. The loan was part of a larger refinance transaction and secured by existing vessels.
“Capteris worked closely with our capital markets partner to provide a sizable commitment, long-term structure and flexible terms,” Lance Rhodes, managing director of Capteris, said. “Our expertise in both their assets and industry allowed us to deliver improved cash flows and certainty of execution.”
