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.
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