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Debt & Specialty Finance
FINANCIAL | Lending / Commercial
midcap.com

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Founded Year

2004

Stage

Line of Credit | Alive

Total Raised

$100M

Last Raised

$100M | 3 yrs ago

About MidCap Business Credit

MidCap Business Credit provides asset based credit facilities to small and middle market businesses nationwide, who have borrowing requirements from $1MM to $10MM.

MidCap Business Credit Headquarter Location

433 South Main Street Suite 212

West Hartford, Connecticut, 06110,

United States

800-970-9997

Latest MidCap Business Credit News

MidCap Business Credit Inks $2.75MM Credit Facility with New England Natural Bakers

Jan 2, 2020

MidCap Business Credit Inks $2.75MM Credit Facility with New England Natural Bakers January 02, 2020, 08:45 AM The opportunity was sourced out of MidCap’s headquarters in West Hartford, CT.  Seth Cooper, SVP at MidCap stated, "We were able to efficiently provide New England Natural Bakers with a flexible ABL facility to pay off the incumbent bank and provide the additional needed liquidity. We look forward to working with the company and helping them achieve their goals and execute on their strategic plan." In addition to refinancing the previous lender, the proceeds will be used to support working capital requirements. Chuck Marble, CEO/President of New England Natural Bakers stated, “MidCap Business Credit has been a fantastic partner as we explored our need for liquidity and Capital to fund our growth initiatives. They were efficient, professional, timely and attentive to our needs as an organization. We are extremely grateful and look forward to our new lending relationship.”

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