Monroe Capital Provides $10 Million Senior Secured Term Loan to BookIt.com
Chicago, IL, January 22, 2014
Monroe Capital LLC today announced the funding of a $10 million senior secured term loan to support the growth of BookIt.com.
Based in Panama City, Florida, BookIt.com is a privately-held online travel agency providing customers travel packages to leisure destinations in the United States, Mexico and the Caribbean. BookIt.com offers customers the ability to search for and book a broad range of travel products and services, including hotels, air travel, car rentals, cruises, travel insurance and destination services from suppliers.
About Monroe Capital
Monroe Capital LLC is a leading provider of senior and junior debt and equity co-investments to middle-market companies in the U.S. and Canada. Investment types include unitranche financings, cash flow and enterprise value based loans, acquisition facilities, mezzanine debt, second lien or last-out loans and equity co-investments. Monroe Capital prides itself on its flexible investment approach and its ability to close and fund transactions quickly. Monroe is committed to being a value-added and user-friendly partner to owners, senior management and private equity sponsors. To learn more about Monroe Capital LLC, visit www.monroecap.com.