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Brokerage
Posted: July 21, 2020
CIT Northbridge Credit serves as lender on $20 million credit facility for Marquis Construction Services LLC
New York, NY According to CIT Group Inc., CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for Marquis Construction Services LLC.
Headquartered in Clute, TX, Marquis Construction is a multi-disciplined, soft-craft provider of industrial and construction services, including scaffolding, insulation, sandblasting and painting, environmental abatement, fireproofing and industrial siding.
“We are proud of the strong position we’ve built in the soft-craft industry and look forward to continuing to advance our business with this new credit facility,” said Roy Ledbetter, president of Marquis Construction. “We appreciated the agility and expertise of CIT Northbridge in arranging this financing to support our strategy. We are pleased to work with Marquis Construction Services to arrange this credit facility as they continue to serve their customers with a diverse array of soft-craft construction services,” said Neal Legan, who leads CIT Northbridge.
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