Capteris Closes $15MM Term Loan for Logistics Solutions Provider

Capteris closed a $15 million term loan with a North American logistics solutions provider.  The loan was part of a larger refinancing package for which Capteris was able to provide a debt solution that allowed the company to address current loan maturities while freeing up liquidity from its 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,” Lance Rhodes, managing director and head of capital markets at Capteris, said.

Like this story? Begin each business day with news you need to know! Click here to register now for our FREE Daily E-News Broadcast and start YOUR day informed!

Leave a comment

View Latest Digital Edition

Terry Mulreany
Subscriptions: 800 708 9373 x130
[email protected]
Susie Angelucci
Advertising: 484.459.3016
[email protected]

View Latest Digital Edition

Visit our sister website for news, information, exclusive articles,
deal tables and more on the asset-based lending, factoring,
and restructuring industries.