MidCap Business Credit completed a $7.5 million asset-based line of credit to a food importer and distributor located in the Northeast. The revolver is supported by advances against accounts receivable and inventory. Sourced and closed out of...
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October 16, 2024, 07:08 AM
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MidCap Business Credit appointed Ryan Ray as Senior Vice President of its business development team. Ray has spent the last 15 years in asset-based finance in business development, most recently with Accord Financial. Ryan will be located in Chicago...
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October 08, 2024, 06:29 AM
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MidCap Business Credit increased its senior credit facility with Wells Fargo Capital Finance to $200 million. This upsize will enable MidCap to support the growth of its existing asset-based lending business and support the launch of its equipment...
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April 12, 2022, 07:00 AM
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MidCap Business Credit LLC announced it has formed a new entity, MidCap Equipment Finance LLC, and has retained a team of seasoned investment professionals to begin offering equipment loans and leases to middle-market companies in the U.S. and Canada...
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February 11, 2022, 07:25 AM
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