BizCapital Puts $3.2M into Thiel Tool & Engineering

BizCapital, the small business lending division of Advantage Capital Partners, provided $3.2 million in financing to Thiel Tool & Engineering, a woman-owned metal stamping manufacturer. The money will help Thiel Tool capital for growth over the next year. The company is based in St. Louis, Missouri. The federal New Markets Tax Credit program and the Missouri New Markets Development program are designed to enable job growth and retention in communities that historically have been underserved by traditional sources of investment capital. BizCapital’s investment was made in connection with these programs.

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