Garrington Capital Announces $1.2 Million Term Loan to Multi-National Truck Part Supplier

Garrington Capital (garringtoncapital.com), a leading provider of capital solutions to middle- market companies in the United States and Canada, is pleased to announce the closing of a $1.2mm Senior Secured Term Loan (the “Loan”) to the US subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles. The Loan helped the borrower complete the build-out of new warehouses in the Atlanta and Los Angeles areas.

About Garrington Capital

Garrington Capital US Corp. and its affiliates (collectively, “Garrington”) provide creative investment funding solutions ranging from $1 million to $30 million to small- and medium-sized companies throughout the US and Canada. Garrington strives to support entrepreneurial businesses with practical and creative working capital solutions and aims to be the first call when opportunities arise. Our leadership and investment teams are comprised of experienced, well-seasoned and creative investment and finance professionals that share the belief that Garrington is well-positioned to respond to the working capital challenges facing small- and medium-sized enterprises. With headquarters in Toronto and Chicago, as well as offices in Texas and Connecticut, Garrington has approximately 65 employees and has deployed, as both a principal and credit advisor to certain funds, more than $5 billion since inception in 1999.