Excedr raises $25 million in growth capital to expand its life sciences equipment leasing platform
BOK Financial provided a $17 million senior credit facility to Excedr as part of the lessor's $25 million growth capital raise. The facility combines a revolving line and term loan to fund Excedr's expansion of life sciences equipment leasing, supporting a high-quality customer base.
Key figures
- Equity raise
- $8 million
- Abl facility range
- $5 million to $50 million
- Bokf credit facility
- $17 million
- Total growth capital
- $25 million
AI analysis
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