SLR Business Credit, a specialised asset based lender, has announced yesterday closing a US$5m ABL facility for Henry Industries, Inc.
The proceeds were used to pay off the previous lender and provide the company with additional working capital for growth.
About SLR Business Credit
SLR Business Credit is a US direct lender with extensive capital resources. When structuring the financing, SLR Business Credit consider the entire asset mix and can customise and leverage different assets in this regard. SLR Business Credit is a member of SFNet, Turnaround Management Association, Risk Management Association, International Factoring Association, Association for Corporate Growth. SLR Business Credit is a portfolio company of SLR Investment Corp. and an affiliate of SLR Capital Partners, LLC, the investment advisor to SLR Investment Corp.
About Henry Industries