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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Needham Bank Leads Upsized $100MM Credit Facility for XS Financial
Tuesday, February 4, 2025
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Lenders/Participants
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Needham Bank [Lead Lender]
First Citizens Bank [Participant]
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Structure
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Line of Credit
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Amount
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$100.000
Million
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Borrower(s)
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XS Financial
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Description
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Amended and upsized its current $70 million line of credit with Needham Bank to $100 million, with First Citizens Bank participating for $20 million. XS Financial intends to use loan proceeds to fund additional CAPEX and equipment leases with new and existing customers.
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Industry
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Lender Finance
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Location
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CA
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| Related Tags |
Equipment Finance, Lender Finance, Needham Bank, XS Financial
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ABL Advisor
Deal Tables
2025
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