First Capital Closes $100 million Credit Facility

http://www.insidearm.com/news/00022253-first-capital-closes-100-million-credit-f/

First Capital announced today that JPMorgan Chase has provided the company with a $100 million senior secured credit facility.

“JPMorgan Chase’s deal structure will allow us to grow our rapidly expanding loan portfolio,” said Mark Sunshine, President and COO. “Our continued success is a result of making sure that we consistently deliver prompt, professional and reliable service to our clients. As a result we are able to originate and service a superior portfolio of loans.”

First Capital is a leading financial services firm providing capital solutions and outsourcing, primarily for middle-market companies and institutions. The firm focuses on senior secured lending, accounts receivable management, credit protection and international supply chain financing and servicing for clients in North America and Asia.

First Capital Closes $100 million Credit Facility

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