CBIZ Amends $275M Unsecured Credit Facility

CBIZ, Inc.

today announced that it has amended its $275 million unsecured credit facility effective August 30, 2012.  The amendment modifies the existing leverage requirements so as to provide additional flexibility to support the Company's strategic acquisition program. Ware Grove, CBIZ Senior Vice President and Chief Financial Officer, stated, "This is an important step in facilitating our growth plan, and we are pleased to have such strong support from our bank group. CBIZ's cash flow from operations remains strong and the amended credit facility will continue to provide us even greater ability to grow through strategic acquisitions."