Monroe Capital Provides $50 Million ABL Facility to Consumer Electronics Company

CHICAGO--()--Monroe Capital LLC today announced it acted as sole lead arranger and administrative agent on the funding of a $50 million asset-based facility to support the future growth of a consumer electronics company.

The company is a consumer electronics products distributor to independent and online retailers, as well as retail chains nationwide. The company also provides a full suite of inventory management, engineering services and logistics solutions to its customers.

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 Private Debt Investor as the 2016 Lower Mid-Market Lender of the Year; M&A Advisor as the 2016 Lender Firm of the Year; Global M&A Network as the 2016 Small Middle Markets 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.

Contacts

Monroe Capital LLC
Theodore L. Koenig
312-523-2360
tkoenig@monroecap.com
or
BackBay Communications
Emily Stoermer
617-391-0801
emily.stoermer@backbaycommunications.com

Contacts

Monroe Capital LLC
Theodore L. Koenig
312-523-2360
tkoenig@monroecap.com
or
BackBay Communications
Emily Stoermer
617-391-0801
emily.stoermer@backbaycommunications.com