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Apollo-backed MidCap Financial closes senior secured credit facility for Echelon Fitness

MidCap Financial, a commercial finance company focused on middle market transactions, has provided a senior secured credit facility to Echelon Fitness Multimedia LLC and Echelon Fit Canada Inc (Echelon).

Proceeds from MidCap will be used on Echelon’s business needs by providing ongoing working capital for growth and expansion.

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