Monroe Capital Provides $55 Million Credit Facility to Finance Technology Company
Chicago, IL, September 20, 2016
Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $55 million unitranche credit facility to support the recapitalization of a finance technology company.
The company is a full-service provider of electronic transaction processing services for merchants, offering an integrated technology platform, which delivers innovative payment solutions for credit and debit cards and Automated Clearing House (ACH) transactions to more than 8,000 merchant locations across all product lines.
This investment represents Monroe’s dedication and expertise within the specialty finance space as we continue to expand our vertical.
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, asset 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. Monroe has been recognized by Global M&A Network as the 2015, 2014, and 2013 Small Middle Markets Lender of the Year; Private Debt Investor as the 2015 Lower Mid-Market Lender of the Year, the 2014 Senior Lender of the Year, and the 2013 Unitranche Lender of the Year; and the U.S. Small Business Administration as the 2015 Small Business Investment Company (SBIC) of the Year. To learn more about Monroe Capital LLC, visit www.monroecap.com.