FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / Blogs / Read Blog

Print

MidCap Financial Closes Senior Secured Credit Facility to Mervin Manufacturing

December 27, 2022, 07:03 AM
By
Topic: Manufacturing

MidCap Financial, a commercial finance company focused on middle market transactions, announced it has provided a $10 million revolving line of credit and $5 million senior secured term loan to Mervin Manufacturing, Inc. Proceeds from MidCap Financial were used to refinance the Company’s prior credit facilities and will provide for the business’ ongoing working capital needs.

Mervin Manufacturing home of Lib Tech, GNU, Roxy and Bent Metal is a leading designer and manufacturer of snowboarding, surfing, skiing, and skateboarding products built at their environmentally conscious factory by people who ride them.

Comments From Our Members

You must be an Equipment Finance Advisor member to post comments. Login or Join Now.