Client:Our client is the largest and most trusted commercial flooring company in Arizona, based in Phoenix and founded in 1984. A successful and growing business, they have earned a reputation for high-quality work and always doing the right thing...
Read Story
September 23, 2022, 07:00 AM
|
EvenFlow is a Dallas–based staffing firm focusing on accounting, finance, and technical placements. The company began operations in October 2019 and is led by staffing industry veterans John Cooke and Jordan Dunn. By 2021, EvenFlow was experiencing...
Read Story
September 14, 2022, 07:15 AM
|
Mitsubishi UFJ Financial Group ( MUFG) closed a senior secured revolving credit facility for Allegiant Travel Company (“Allegiant”), where the bank acted as Arranger and Bookrunner.The facility will provide Allegiant with the flexibility to include...
Read Story
September 08, 2022, 08:00 AM
|
A company supplying healthcare masks that has been in business for 20 years was experiencing tremendous growth. They lacked the funds to accept a large new order from a state government. The Company had a factoring facility in place but needed...
Read Story
August 24, 2022, 08:00 AM
|
Clifford Chance advised the US Department of Energy Loan Programs Office (DOE LPO) on a $102.1 million loan to Syrah Technologies, LLC for the expansion of a facility producing material used in batteries for electric vehicles.The processing facility...
Read Story
August 05, 2022, 08:16 AM
|
TAB Bank provided a corporate relocation services company based in Texas with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The...
Read Story
|
TAB Bank provided an electric bike company in Utah with a $10 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company designs...
Read Story
|
Star Group, a home energy distributor and services provider, entered into a sixth amended and restated asset-based credit facility which expires in July 2027 and provides the borrower under the Credit Facility (a subsidiary of the Company) with an...
Read Story
|
Alleon Healthcare Capital closed a $400,000 medical accounts receivable factoring facility with a New Hampshire-based sober living facility operator.The Company has two facilities which provides supervised shelter services in a safe, secure...
Read Story
|
GemCap provided a $4.0 million facility consisting of a working capital revolver, an equipment term loan, and a mortgage for a munitions manufacturer which wholesales and retails its inventory. “This is a high-growth, high-demand industry and we’re...
Read Story
|
Castellum secured a new $950,000 revolving accounts receivable-based credit facility from Live Oak Bank."We are pleased to have finalized this revolving credit facility with Live Oak," said Mark Fuller, President and CEO of Castellum. "It gives us...
Read Story
|
TAB Bank provided a demolition company in Alaska with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company is a full-service...
Read Story
February 23, 2022, 07:00 AM
|
Boston Financial & Equity recently closed a $3 million equipment lease line pari-passu with a partner.The company based in California, formed in May 2021, has raised a $20 million A round and is focused on the lithium ion battery manufacturing...
Read Story
January 27, 2022, 07:00 AM
|
TAB Bank provided a quality assurance serve provider in Texas with a $5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to...
Read Story
January 21, 2022, 08:00 AM
|
Shawcor Ltd. closed on the previously announced credit facility with Toronto-Dominion Bank and National Bank Financial as co-lead arrangers and HSBC Bank Canada, JPMorgan Chase Bank and Export Development Bank as lenders. The Credit Facility provides...
Read Story
January 18, 2022, 08:00 AM
|
Sallyport provided $2,100,000 in combined accounts receivable and equipment financing will enable a hospitality services supplier to make a crucial acquisition, cover their payroll costs and free up working capital to invest into new equipment.The...
Read Story
December 10, 2021, 07:00 AM
|
Rosenthal & Rosenthal announced the completion of a recent $500,000 purchase order finance facility to support the production financing requirements of a Florida-based importer of laboratory supplies. This early stage company was established by two...
Read Story
November 03, 2021, 07:00 AM
|
Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $3 million revolving line of credit facility for a Minnesota-based company providing...
Read Story
October 18, 2021, 06:00 AM
|
TAB Bank provided a mechanical maintenance company in Fort St. John, British Columbia, Canada with a $2.5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing...
Read Story
September 08, 2021, 07:11 AM
|
Comvest Credit Partners acted as Administrative Agent and Sole Lender in providing a $110.0 million Senior Secured Credit Facility to ClearOne Advantage, a debt resolution services provider. The financing was used to refinance existing debt and fund...
Read Story
August 12, 2021, 08:00 AM
|
Comvest Credit Partners has acted as Administrative Agent and Sole Lender in providing an upsize to its existing Senior Secured Credit Facility, totaling $103 million, to CareVet, a leading veterinary practice management group. The financing will be...
Read Story
|
Abacus Finance Group served as Administrative Agent and Co-Lead Arranger of senior secured credit facilities to support the refinancing of Receivable Solutions by WestView Capital Partners. Headquartered in Columbia, SC, Receivable Solutions has been...
Read Story
|
MaxLinear, a leading provider of radio frequency (RF), analog, digital, and mixed-signal integrated circuits, entered into a new $350 million seven-year senior secured term B loan facility, the proceeds of which will be used to repay and terminate...
Read Story
|
sticky.io closed a $90 million material capital transaction with the Private Credit business within Goldman Sachs Asset Management (Goldman Sachs). The company plans to use the funds to build more functionality into its platform and leverage the...
Read Story
|
Fifth Third Business Capital provided a new $6 million revolving credit facility to Illinois-based Cosmo Films, a leading manufacturer and supplier of BOPP and Specialty flexible packaging films. The Company is among top BOPP and thermal films...
Read Story
|
exactEarth Ltd. entered into a new credit facility that provides for a $6 million secured revolving operating line with National Bank of Canada's ("NBC") Technology and Innovation Banking Group. The Credit Facility is undrawn as of today's date."We...
Read Story
|
Prestige Capital Finance delivered a $5,000,000 in working capital to an Arizona-based, Audio Visual firm that specializes in designing, building and installing cutting-edge AV systems for auditoriums, corporate boardrooms, classrooms and more. As a...
Read Story
|
Byrna Technologies closed a new asset-based revolving credit facility with Needham Bank. The new ABL provides Byrna with up to $5.0 million available for general corporate purposes and working capital. In addition to the $5.0 million revolving line...
Read Story
January 26, 2021, 08:08 AM
|
Great Rock Capital provided $11.8 million of capital through a senior secured credit facility to support one of North America's leading providers of high-quality catalog solutions. The facility was used to finance an acquisition and will provide...
Read Story
January 06, 2021, 08:36 AM
|
Sallyport Commercial Finance provided a $500,000 Accounts Receivable facility to an industrial safety firm providing essential medical and rescue services to the oil and gas industry. The business owner was seeking a financing partner that would help...
Read Story
December 29, 2020, 07:00 AM
|
Team, Inc., a global leading provider of integrated, digitally-enabled asset performance assurance and optimization solutions, signed a new $250 million Senior Secured Term Loan due 2026 led by Atlantic Park Strategic Capital Fund, L.P. Atlantic Park...
Read Story
December 22, 2020, 07:00 AM
|
Citizens provided a new asset-based revolving loan to Warminster, PA-based W. Atlee Burpee Company. Citizens is the sole lender.Founded in 1876, W. Atlee Burpee Company is engaged in the wholesale distribution, direct marketing and retail sale of...
Read Story
December 09, 2020, 07:00 AM
|
Access Capital, one of the nation’s foremost lenders to staffing enterprises, provided $11.5 million in new funding to Scribe-X LLC, a Portland, Oregon based provider of medical scribe services to the healthcare industry. Medical scribes provide real...
Read Story
August 04, 2020, 09:15 AM
|
OrthoFi, Inc., an innovative software and technology-enabled service platform in the Orthodontic specialty industry, announced it has received a growth investment from Accel-KKR, a leading technology-focused private equity firm. The new partnership...
Read Story
|
Crystal Financial closed a $17 million senior credit facility for Process Insights, a Union Park Capital portfolio company that was formed with the acquisition of 4 independent businesses focused on the manufacturing of gas sensors and analyzers. The...
Read Story
|
Hilco Streambank, a leading advisory firm specializing in the monetization of intellectual property assets, announced its acquisition of the assets of Tsu, a social network. The acquisition, which was finalized in early 2019, comes after Evacuation...
Read Story
|
Antares announced that it served as joint lead arranger, and will act as administrative agent, for a $138 million senior secured credit facility to support the acquisition of ImageFirst Healthcare Laundry Specialists by Calera Capital...
Read Story
November 01, 2018, 08:00 AM
|
Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for an industrial cleaning company based in Texas. Proceeds of the facility were used for working capital.
Daniel Martinez, Regional Market Manager for...
Read Story
October 01, 2018, 08:00 AM
|
Siena Lending Group LLC announced the completion of a $12.0 million revolving credit and term loan facility for Bolttech Mannings, Inc. The facility was used to refinance the company's existing senior debt and to support the company’s growth plans...
Read Story
September 25, 2018, 08:00 AM
|
TradeCap Partners recently closed a $1.5 million Purchase Order funding facility for a Texas cosmetic distributor selling to a national subscription box company. A business consultant was brought in to help secure a funding solution for a large...
Read Story
|
TriNet Group, Inc., a provider of a comprehensive human resources solution for small to midsize businesses, announced that on June 21, 2018, it entered into a Credit Agreement providing for $675 million of new senior secured credit facilities used to...
Read Story
|
Second Avenue Capital Partners, LLC, (SACP) announced it has provided a senior secured credit facility to Tommie Copper, the innovative authority in creating premium patented copper compression products. The credit facility will be used to fund...
Read Story
|
Access Capital has recently closed a transaction for Mamiya America Corporation in the amount of $2.5 million. The new borrower is an importer and distributor of supplies to professional photographers and filmmakers. The company has been in business...
Read Story
|
Siena Lending Group LLC announced the completion of a three-year $5.2 million asset-based credit facility and capital expenditure line for TDJ, Inc., d/b/a Christensen Arms, Inc. The credit facility will be used to finance new equipment purchases and...
Read Story
January 23, 2018, 07:11 AM
|
The PrivateBank announced it has extended a $20 million credit facility to ArmorWorks Enterprises, Inc.
Headquartered in Chandler, Arizona, ArmorWorks is a developer and manufacturer of advanced survivability solutions including vehicle and aircraft...
Read Story
August 29, 2017, 07:00 AM
|
Siena Lending Group announced the completion of a three-year $10.0 million asset-based revolving credit facility for Specialty Steel Supply, Inc. to assist in the execution of former and current management’s buyout of the business and to provide...
Read Story
|
Tech Capital, LLC, the asset-based finance company and wholly-owned subsidiary of Tech CU, announced that it has originated a $2 million asset-based loan for Gemini Duplication, Inc. The company provides statewide legal document evidence retrieval...
Read Story
|
Crystal Financial agented a $68.5 million credit facility for Global Holdings, LLC, a provider of payment processing and account management services to the consumer debt settlement industry.
The company processes over 10,000 creditor payments a day...
Read Story
|
Keane Group, Inc. announced that on February 17, 2017 the Company entered into a new $150 million asset-based revolving credit facility to replace its existing $100 million asset-based revolving credit facility. The New ABL Facility will mature on...
Read Story
February 22, 2017, 08:10 AM
|
Crestline Specialty Lending ("CSL"), a part of the opportunistic investment group of Crestline Investors, Inc. ("Crestline"), a credit-focused institutional alternative asset manager, announced the recent closing of a senior credit facility to...
Read Story
December 02, 2016, 07:13 AM
|
Ritchie Bros. Auctioneers Incorporated announced the closing of a new five-year credit agreement totaling $1.0 billion with a syndicate of lenders comprising:
Multicurrency revolving facilities of up to US$675 Million (the "Revolving Facilities")...
Read Story
October 28, 2016, 07:39 AM
|
FWS Funding announced that it has provided a $3 million credit line to a 19-year old California-based FAA repair station. The company seen both good years and bad, but the last three years had taken a toll on revenue due to the loss of a major...
Read Story
October 20, 2016, 07:37 AM
|
TaskEasy, Inc. announces the availability of two new credit facilities to support its continued growth. Enhanced Community Development, a subsidiary of Enhanced Capital, provided $1.65 million in debt financing through the federal New Markets Tax...
Read Story
September 22, 2016, 07:42 AM
|
Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $5 million term loan to Salon Republic to help finance the expansion of the company’s network of innovative salon studios across the...
Read Story
September 21, 2016, 07:09 AM
|
BioAmber Inc. has closed on a $19.2 million loan from Bridging Finance Inc., acting as sub-advisor to the Sprott Bridging Income Fund LP. Proceeds from the loan will be used to retire an $8 million loan from Tennenbaum Capital Partners, with the...
Read Story
September 12, 2016, 07:52 AM
|
Versant Funding recently closed a $2.4 million factoring facility for a talent agency. Versant's non-recourse factoring facility will serve as a bridge while the company cleans up its balance sheet with the goal of entering into traditional bank...
Read Story
August 19, 2016, 06:48 AM
|
Praesidian Capital Europe, a leading provider of senior and subordinated debt and growth capital in the United Kingdom and Northern Europe, announced today its £8.0 million investment of first lien debt in EMC Advisory Services Limited (“EMCAS” or...
Read Story
August 02, 2016, 07:06 AM
|
Encina Business Credit, LLC (EBC) announced it has provided a $20 asset-based revolving credit facility to a processor and broker of scrap metals based in the southern U.S. The credit facility consists of a working capital revolver secured primarily...
Read Story
|
Gunvor Singapore Pte Ltd, a wholly-owned subsidiary of Gunvor Group Ltd, has closed a U.S. $1.041 million Syndicated Revolving Credit Facilities, which will support new activities and existing operations in the Asia Pacific. The Facilities launched...
Read Story
|
Trade Finance Solutions Inc. (TFS), a leading provider of global trade financing solutions, provided a €7.5 million supplier credit facility to a Slovakia-based manufacturer of specialty fibers. The facility will support the company’s extended...
Read Story
|
Versant Funding recently closed a $1 million factoring facility for an Indy-Car Series race organizer. Versant's non-recourse factoring facility will serve as a bridge while the company works to complete the track setup and other pre-race...
Read Story
|
Super G announced the firm provided a $1.25 million second lien seasonal over-advance loan to a sposor-backed company that formulates and distributes impression fragrances. The second lien loan complements Bibby Financial Services' asset-based loan. ...
Read Story
|
Fifth Street Asset Management Inc. announced today that its affiliate, Fifth Street Management LLC, served as joint lead arranger and joint lead bookrunner for a first lien credit facility to support GTCR’s acquisition of Lytx, Inc. (formerly known...
Read Story
|
CapX Partners has put together a customized financing structure for Two Twenty Records Management to enable them to refinance their current debt facility as well as draw-down incremental capital for customer acquisition opportunities.Two-Twenty...
Read Story
|
Jenne, Inc., a leading value added distributor of technology products and solutions focusing on voice, video, data networking, premise security and the cloud, has launched a new financing program with GreatAmerica Financial Services. This program...
Read Story
|
ExWorks Capital announced it has provided a $250,000 SBA working capital financing to California-based production company that specializes in destination attractions for integrated resorts, casinos and theme parks worldwide. The company works with...
Read Story
|
Carriage Services, Inc. announced the Company entered into the seventh amendment to the Credit Agreement (the "Seventh Amendment) which provides for a change in the revolving credit commitments to $150 million from $200 million and new funding under...
Read Story
February 10, 2016, 07:48 AM
|
Ixia announced that it has increased the maximum aggregate amount available on its revolving credit facility from $75 million to $150 million and extended the term by an additional two years. The amended credit facility also includes additional...
Read Story
January 28, 2016, 07:57 AM
|
PRA Group, a global leader in acquiring and collecting nonperforming loans, announced that it has expanded its credit agreement, increasing its domestic revolving credit facility to $725 million.On December 23, 2015, the company exercised the...
Read Story
January 04, 2016, 07:57 AM
|
ExWorks Capital provided a $2 million licensing facility to a fine arts studio based in New York. The studio is owned and operated by a photographer who is a well-known artist not only in the U.S. but worldwide. ExWorks had the opportunity to provide...
Read Story
November 20, 2015, 07:09 AM
|
Orbite Technologies Inc. has completed a secured debt financing totalling up to C$22 million (or US$16.95 million) in the aggregate. The facility is comprised of a U.S.$6.5 million (C$8.5 million) revolving credit facility, term loan A (U.S.$0.45...
Read Story
November 06, 2015, 06:57 AM
|
Fifth Street Asset Management announced that its affiliate, Fifth Street Management LLC, served as lead arranger and administrative agent for a one-stop financing facility in connection with the acquisition of Valet Parent, Inc. ("Valet Waste") by...
Read Story
October 06, 2015, 07:00 AM
|
Wellington Financial LP, a privately-held specialty finance firm, announced a $13 million venture debt financing for Aquam Corporation, a world leader in water infrastructure support, rehabilitation and diagnostics.Aquam is the parent company of Nu...
Read Story
September 25, 2015, 07:41 AM
|
Allegheny Technologies Incorporated has closed on the previously announced asset-based lending revolving credit facility that replaces its $400 million revolving credit facility. The five-year $400 million ABL facility is collateralized by the...
Read Story
September 25, 2015, 07:09 AM
|
Gibraltar Business Capital (GBC) announced it has closed a new revolving line of credit for Chicago-based OmniVere, an award-winning provider of eDiscovery, compliance and big data consulting. This GBC credit provides liquidity needed, which enables...
Read Story
September 02, 2015, 07:42 AM
|
Trade Finance Solutions, Inc. (TFS) announced it has funded a $3 million facility to an Ontario company that provides services, equipment and contractors for maintaining commercial and industrial buildings across Canada. TFS worked in co-operation...
Read Story
September 02, 2015, 07:24 AM
|
FLOCK Specialty Finance is a leading specialty finance company that provides capital for businesses in the subprime consumer finance markets as well as for debt buyers of distressed and subprime consumer credit obligations. The announced agreement...
Read Story
August 31, 2015, 07:39 AM
|
Ancestry.com LLC announced that it and its subsidiary, Ancestry.com Inc. (Borrower), entered into a new credit agreement, by and among the Borrower, the Company, Ancestry US Holdings Inc., the guarantors party thereto and Morgan Stanley Senior...
Read Story
August 31, 2015, 07:28 AM
|
Citizens Bank announced that it has led new financing to support an ownership buyout of Portsmouth, N.H.-based Madison Resource Funding, which provides payroll and back office services to clients in the staffing industry.The Citizens Commercial...
Read Story
August 11, 2015, 08:00 AM
|
Horizon Technology Finance Corporation closed a $5 million venture loan facility to SavingStar, Inc., a money saving service that helps shoppers save on groceries and online purchases. SavingStar will use the proceeds for general working capital...
Read Story
|
Monroe Capital announced an increase in the credit facility to OSG Billing Services (“OSG”) to support the acquisition of DoublePositive Marketing Group, Inc (“DoublePositive”). Based in Baltimore, Maryland, DoublePositive is a performance-based...
Read Story
|
CIT Group announced that CIT Capital Equipment Finance provided a $23.5 million credit facility to GCT Global Container Terminals Inc. (GCT) to purchase two new Liebherr P203L (WS) post-Panamax ship-to-shore gantry cranes that will be used at its...
Read Story
February 18, 2015, 07:55 AM
|
Square 1 Bank announced that it has provided a credit facility to Chicago-based 4C Insights, Inc., a big data analytics and social intelligence company offering advertising and measurement platforms. Credit facility proceeds will help to support the...
Read Story
February 06, 2015, 07:43 AM
|
US Capital Partners Inc. has provided a term loan for Braj Bhumi Group Inc., a registered California nonprofit. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and arranges equity...
Read Story
February 04, 2015, 07:08 AM
|
Coral Capital Solutions, a leading provider of financing solutions to small and middle market businesses, announced the firm provided a $9 million factoring facility to a provider of contact center and business process outsourcing services based in...
Read Story
January 26, 2015, 07:56 AM
|
Planet Labs announced a first closing of the majority of its $70 million Series C round led by Data Collective, with participation from new investors, as well as support from existing investors. Zachary Bogue, Data Collective’s co-Managing Partner...
Read Story
January 26, 2015, 07:08 AM
|
Nhale Inc. announced it is expanding its acquisition efforts toward the swelling medical marijuana space following the execution of a term sheet for $10 million in debt financing with Four Twenty Investments, Inc., a Toronto-based private investment...
Read Story
December 24, 2014, 08:07 AM
|
Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to Diamondback Drugs of Delaware, LLC, a portfolio company of Sheridan Legacy Group, LLC , in its sale to Tailwind Capital. Diamondback Drugs is a national specialty...
Read Story
December 23, 2014, 07:28 AM
|
Advanced Energy Capital, LLC (“AEC”), an energy finance company led by Jack Doueck and Richard Rudy, has signed a deal with LED Funding, LLC to provide financing for up to $15 million in LED lighting retrofit projects and other efficiency and on-site...
Read Story
December 18, 2014, 07:22 AM
|
Brookridge Funding announces the completion of a $5 million purchase order funding facility for a New York based importer and distributor of fitness equipment.Brookridge provides letters of credit for its clients purchasing pre-sold inventory from...
Read Story
December 10, 2014, 07:07 AM
|
Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, is pleased to announce a recently closed transaction. A line of credit, in the amount of $8 million, was extended to an infrastructure...
Read Story
December 04, 2014, 07:06 AM
|
White Oak Global Advisors, LLC has provided a $29.0 million senior secured term loan to a leading drilling company operating in the Western United States. The company serves the environmental, mining, water supply and energy industries. Their work...
Read Story
November 20, 2014, 07:53 AM
|
Maranon Capital, L.P. (“Maranon”) announced a mezzanine investment to support the acquisition of KPA Services, LLC (“KPA”) in partnership with CIVC Partners, L.P. (“CIVC”) and company management. The transaction represented Maranon’s first investment...
Read Story
October 03, 2014, 03:02 PM
|
Business Capital announced it structured a $1.5 million combination real estate and accounts receivable financing for a photo, video and lighting company. The company designs, builds and distributes high-quality photo, video and lighting equipment...
Read Story
October 01, 2014, 06:49 AM
|
Dundee Corporation announced that it has secured a $300 million, three-year revolving term credit facility with a syndicate of Canadian Schedule I Chartered Banks, led by National Bank of Canada as lead arranger and administrative agent."Securing...
Read Story
September 29, 2014, 07:19 AM
|
White Oak Global Advisors has provided a $17 million senior secured term loan to a value-added reseller, support and services company in the digital imaging equipment sector. Located in the Midwest and employing approximately 115 people, the...
Read Story
September 18, 2014, 12:04 AM
|
Transcat, Inc. has executed an amendment to its $20 million secured revolving credit agreement, increasing the funds available under the amended credit facility to $30 million. The amended credit facility matures on September 20, 2018. Borrowings...
Read Story
August 27, 2014, 07:55 AM
|
Federal National Commercial Credit recently announced it closed a $6 million asset-based credit facility for an expanding Southeast courier service. The company had recently won a substantial contract with a major dot.com retailer and needed...
Read Story
August 25, 2014, 07:32 AM
|
North Mill Capital LLC announced the funding of a $2 million credit facility to a call center services company located in Connecticut. he credit facility allowed for North Mill to factor specific account receivables which had large potential...
Read Story
August 21, 2014, 07:08 AM
|
Travelport Limited announced today the launch of a debt refinancing transaction. Travelport, through its wholly-owned Luxembourg subsidiary, is seeking commitments from lenders (i) under a new senior secured credit facility for an aggregate principal...
Read Story
August 04, 2014, 07:32 AM
|
Diamond Business Credit announced that it recently closed and funded a $150,000 bridge loan for a warehousing company. The deal was funded within 48 hours of receiving the initial loan request.The company is a long standing, profitable food storage...
Read Story
|
Renasant Business Credit announced the funding of a $4.5 million asset-based revolving line of credit for a company based in Georgia serving the needs of utility companies throughout the South and Mid-Atlantic regions. The borrower was able to...
Read Story
|
Excel Corporation, a fast growing U.S. merchant services provider announced that it recently completed a $4.4 million financing transaction with BlueAcre Ventures LLC ("BlueAcre"), including the sale of $100,000 of the company's merchant residual...
Read Story
|
Concord Financial Advisors, LLC announced the closing of $6,542,000 of senior secured credit facilities for The Calmark Group, LLC, one of the leading full-service, single-site direct mail fulfillment operations in the U.S. ("Company"). The Company...
Read Story
|
GE Antares, a unit of GE Capital, announced it served as administrative agent on a $107 million multi-currency, cross-border credit facility to McLarens Global Limited (McLarens). The transaction refinanced the company’s senior debt, repaid its...
Read Story
|
A Midwest scrap metal processor was seeking to refinance its existing senior credit facility and secure incremental working capital for growth. The company was under distress and required a balance sheet restructuring. The company retained Concord...
Read Story
|
Prospect Capital Corporation announced that Prospect has provided a $65 million first-lien floating-rate credit facility to support the recapitalization of Fleetwash, Inc. and affiliates ("Fleetwash") by DFW Capital Partners ("DFW Capital") and...
Read Story
|
US Capital Partners, LLC has been engaged by Midwest BioEnergy, Ltd. as its strategic advisor in the raising of debt and equity project financing of up to $100 million. The financing will include an initial $10 million in corporate financing and up...
Read Story
|
Cannabis-Rx, a company focused on funding the growth of the cannabis industry in states where it is licensed or permitted for medicinal and/or recreational purposes, announced it will provide financing, commercial real estate solutions and consulting...
Read Story
|
Amerisource announced that it closed and funded a $1 million revolving credit facility for a provider of containment, sorting, repair and inspection services to the automotive and consumer products industries. Proceeds of the facility were used for...
Read Story
|
Borro, a personal asset lender, has closed $112 million in financing through Victory Park Capital (VPC), an asset management firm that provides debt and equity financing to middle-market companies. Borro, which has seen significant growth over the...
Read Story
|
Prospect Capital Corporation has provided $17 million of secured floating rate financing to support the acquisition of Keane by Lovell Minnick Partners.
Led by an experienced team of industry executives, Keane provides unclaimed property services to...
Read Story
February 21, 2014, 07:01 AM
|
Monroe Capital LLC announced the funding of a $10 million senior secured term loan to support the growth of BookIt.com. Based in Panama City, Florida, BookIt.com is a privately-held online travel agency providing customers travel packages to leisure...
Read Story
January 22, 2014, 07:06 AM
|
Access Capital has provided a $500,000 line of credit to a newly formed company that provides site safety managers to developers, building management companies and general contractors to oversee compliance and safety requirements at construction...
Read Story
January 17, 2014, 06:52 AM
|
Essex Capital Group announced the closing of a $10 million term debt facility for BookIt.com, Inc., a privately-held online travel agency based in Panama City Beach, Florida. The company provides travel packages to leisure destinations across the...
Read Story
January 15, 2014, 07:35 AM
|
Access Capital closed a credit facility in the amount of $3 million to a New York- based court reporting company. The borrower provides court reporting personnel and services including reporters, videographers, translators as well as conference room...
Read Story
December 05, 2013, 07:21 AM
|
Under the gavel of Joseph Finn Co., Inc., a Boston-based industrial auctioneering and appraisal firm, select assets of The Creative Group, a major New York City video post-production house, reeled off the auction block on October 23, 2013. The...
Read Story
November 07, 2013, 07:19 AM
|
Square 1 Bank, the premier banking partner to entrepreneurs and the venture capital community, today announced that it has provided a credit facility to Santa Monica-based CrossCut Ventures, a seed-stage venture capital firm.Launched in 2008...
Read Story
October 18, 2013, 07:34 AM
|
Engineering/Remediation Resource Group (ERRG) and Comerica Bank have entered into a two-year agreement establishing a banking relationship which will provide for working capital needs on favorable terms and conditions. The agreement has an expiration...
Read Story
September 30, 2013, 07:13 AM
|
Genworth Financial, Inc., and its wholly owned subsidiary Genworth Holdings, Inc., announced today the entrance into a credit agreement that provides Genworth Holdings, Inc. with a three-year $300 million, multicurrency revolving credit facility...
Read Story
September 27, 2013, 07:11 AM
|
TriMas Corporation – a diversified global manufacturer of engineered and applied products – announced that it is in the process of refinancing its existing credit facilities. The new credit facilities are expected to be comprised of a $475 million...
Read Story
September 19, 2013, 07:57 AM
|
US Capital Partners provided a $750,000 scalable accounts receivable and inventory line of credit for Icelandirect, Inc. headquartered in New York City. “Our business has been expanding quickly, both in terms of the range of high-quality, branded...
Read Story
September 04, 2013, 11:04 AM
|
Booz Allen Hamilton Holding Corporation announced that on August 16, 2013, its wholly owned subsidiary, Booz Allen Hamilton Inc. successfully closed the first amendment to its credit agreement dated as of July 31, 2012. With no increase in borrowing...
Read Story
August 21, 2013, 07:53 AM
|
Main Street Capital closed a new portfolio investment totaling $16.8 million of invested capital in Southern RV, LLC and Southern RV Real Estate, LLC (collectively, "Southern RV"). Main Street's investment in Southern RV consists of $14.6 million in...
Read Story
August 09, 2013, 07:07 AM
|
Main Street Capital Corporation has completed a new portfolio investment totaling $5 million of invested capital in ASC Interests, LLC. Main Street's investment in ASC consists of $3.5 million in first lien, senior secured debt and a $1.5 million...
Read Story
August 06, 2013, 09:02 AM
|
Full Circle Capital announced the closing of a $9 million senior secured credit facility with Infinite Aegis Group. The credit facility consists of a senior revolving line of credit and a senior term loan, and is an example of Full Circle Capital’s...
Read Story
August 06, 2013, 07:52 AM
|
TAB Bank announced it has provided a $5 million revolving credit facility for a logistics company located in California. The new facility is based on accounts receivable and will provide for the ongoing working capital needs of the company.
TAB...
Read Story
August 02, 2013, 07:24 AM
|
Wild Craze, Inc., an innovative consumer brands company, announced that the company has entered into a $2 million senior secured revolving line of credit facility with TCA Global Credit Master Fund, LP.The initial draw down under the terms of the...
Read Story
August 01, 2013, 07:28 AM
|
An inventory of woodworking tools and more than 450 new guitars and amplifiers will be hitting the auction block on July 24, 2013. News of this liquidation was just announced by AccuVal-LiquiTec, an industry leader in corporate valuation, advisory...
Read Story
|
LBC Credit Partners (LBC), a leading provider of financing solutions to middle market companies, announced that it was agent and sole lender for a $12.5 million secured mezzanine loan to support the recapitalization of Alex C. Fergusson, LLC (AFCO)...
Read Story
|
Castleton Commodities International (CCI) announced the closing of an $850 million three-year tranche of its senior secured working capital facility. This transaction was structured as an amendment to the current dual tranche facility dated October...
Read Story
|
Textainer Group Holdings Limited, the world’s largest lessor of intermodal containers based on fleet size, today announced that Textainer Limited, which is a wholly-owned subsidiary of the Company, utilized an accordion feature in its five-year...
Read Story
|
BLR, a compliance information provider for Human Resources, Environmental, Safety, and Employee Training professionals, announces the recapitalization of its financial structure. Under the terms of the deal, senior executives Bob Brady and Dan Oswald...
Read Story
|
BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was Co-Lead Arranger, Joint Bookrunner and is administrative agent for $69 million in senior credit facilities to Aramsco Holdings...
Read Story
|
Access Capital closed a credit facility in the amount of $1.95 million with a New York-based photo and video production company specializing in offering their services to top fashion brands and major retailers looking to enhance their websites and...
Read Story
|
Monroe Capital announced the funding of a $35 million unitranche credit facility to support the growth of Accutest Laboratories by Bolder Capital, LLC.
Based in Dayton, NJ, Accutest Laboratories provides environmental testing services to customers...
Read Story
|
North American Palladium announced the followoing financings to fund the company's ongoing expansion of its Lac des Iles ("LDI") mine in Ontario.
The transactions are summarized as follows:
Closing of a US$130 million senior secured term loan...
Read Story
|
Marquette Business Credit, Inc. is pleased to announce it recently provided Document Processing Services, Inc. (DPS) with a $7 million revolving line of credit to support its continued growth. Located in Southern California, DPS provides document...
Read Story
|
US Capital Partners, LLC has provided a multi-million dollar accounts receivable line of credit for NPACT America, Inc. (NPACT), headquartered in Jacksonville, Florida. US Capital Partners is a private investment bank that makes direct debt...
Read Story
|
Amalgamated Capital (AmalCap), the New York-based leveraged finance division of Amalgamated Bank, closed on a multi-million dollar revolver facility and treasury management services agreement with TRAKAmerica, a provider of recovery management...
Read Story
|
Keltic Financial Services announced the recent funding of a $3.5 million senior secured revolving line of credit to Venture Technology Groups, Inc. The company, headquartered in Farmington Hills, MI, is a leading distributor/manufacturer's...
Read Story
|
Amalgamated Capital (AmalCap), the New York-based leveraged finance division of Amalgamated Bank, announced that it has closed on a three year, asset-based senior secured revolving line of credit to WhistlePig LLC (WhistlePig). Proceeds of the credit...
Read Story
|
Griffin Land & Nurseries, Inc. has closed on a $12.5 million revolving line of credit (the 2013 Credit Line) with Webster Bank. The credit line replaces an expiring revolving line of credit of the same amount with Doral Bank and has a term of two...
Read Story
|
TRC Companies entered into a new $75 million five-year revolving credit facility with RBS Citizens, as lead bank, and JPMorgan Chase. The new facility will support general working capital needs as well as growth initiatives and replaces the Company's...
Read Story
|
First Growth Capital, a division of First Capital, provided a $5 million working capital credit facility to a producer of retail beverage displays. The facility is collateralized by the client’s account receivables and inventory. The company was...
Read Story
|
Flowers Foods, Inc. entered into a senior unsecured delayed-drawn term loan facility with a commitment of up to $300 million to help finance the pending acquisition of certain brands and assets of Hostess Brands, Inc., and pay certain...
Read Story
|
Vision Security, a major home automation and monitored security services company, announced the company has successfully closed a $35 million syndicated loan transaction with The PrivateBank and Trust acting as the lead agent.
"We couldn't be more...
Read Story
|