Capteris Closes $22.5MM Loan for Inland Marine Company



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.”


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.
www.abfjournal.com