Huntington Business Credit closed a $50,000,000 new credit facility with Elements International Group, LLC on August 27, 2024. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Elements...
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September 27, 2024, 08:00 AM
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nFusion Capital provided an $8MM factoring line to a high-growth and high-tech mug and baby bottle distributor using patented temperature control technology to keep beverages at a continuously precise temperature. While preparing itself for a sale...
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September 16, 2024, 07:55 AM
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Huntington Business Credit closed $18,000,000 in new credit facilities with Garick, LLC on August 9, 2024. Proceeds of the facility were used to facilitate the acquisition by the original founder, refinance existing debt, and provide ongoing working...
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September 05, 2024, 07:55 AM
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First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, provided a $45 million revolving credit facility to creative materials distributor, MacPherson's. MacPherson's is the largest...
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August 08, 2024, 08:00 AM
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First Citizens Bank's Middle Market Banking business provided $25 million in financing to F.W. Webb, the largest wholesale distributor of plumbing, heating and industrial products in the Northeastern U.S.The closing of this financing coincides with...
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August 01, 2024, 07:03 AM
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Sallyport Commercial Finance provided $900,000 in funding to a leading toy distributor. This funding package includes a $750,000 Accounts Receivable (AR) facility and a $150,000 inventory facility. The toy distributor sought funds due to not meeting...
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First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, provided a $40 million revolving credit facility to B&W Fiber Glass Inc., a distributor of fiber glass and manufacturer of...
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eCapital upsized an invoice factoring facility for a fast-growing startup food distributor specializing in supplying high-quality food products to Mexico. Demonstrating the agility of its financing solutions, eCapital increased the invoice factoring...
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SLR Business Credit (SLRBC) partnered with a preeminent North American distributor of mobile air compressors, generators, and air tools. The firm is also an innovator in creating a sustainable hybrid energy system which alters how contractors and...
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility to support the growth of Bishop Lifting Products, Inc. (“Bishop Lifting”), an existing portfolio company of Altamont Capital...
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LSQ originated a $15 million invoice finance facility for a Florida-based distributor of cellular phones and other personal electronic devices.The company will use the additional capital to support its growth trajectory since adding new product lines...
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Rosenthal & Rosenthal completed an asset-based lending transaction for a major seafood importer totaling $11 million. Based in the Southeast, the company imports and distributes high-quality frozen seafood to major food wholesalers and retail...
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eCapital Corp. funded a $12 million asset-based lending facility with an $8 million accordion feature for a North Carolina-based distributor specializing in waterworks products and related items for contractors and municipalities. This infusion of...
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SLR Business Credit funded an ABL RLOC for Ingredient Brothers, an importer and distributor of premium specialty food ingredients. The funds were used to repay the bank and provide additional working capital for growth."When we were creating...
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Mountain Ridge Capital ("MRC") closed a $30 million senior secured credit facility for a regional distributor focused on fast food and fast casual dining. The MRC facility refinanced the debt of another lender and will be utilized to manage through...
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Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $15,000,000 revolving line of credit to fund the acquisition of a Michigan-based...
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Lighthouse Financial Corp. completed a $4,500,000 credit facility to an Ohio-based distributor of lighting products. The company prides itself as "your one-stop shop for lighting products". By combining high-quality materials and proprietary...
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The Hedaya Capital Group provided a $1 million factoring and inventory financing facility to a distributor of bedding and home goods.Based in New York City and operating for 28 years, the Company imports bedding and other home textile products from...
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MidFirst Business Credit (MFBC) provided working capital and term facilities to Cooney Brothers LLC (“Cooney Bros”). Headquartered in Plymouth Meeting, PA, Cooney Bros is a distributor of pipe, valves and fittings, and other custom welded piping...
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Huntington Business Credit acting as Lead Arranger and Administrative Agent closed $200,000,000 new credit facilities with Daedong-USA, Inc., on December 20, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing...
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February 02, 2024, 08:00 AM
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Zions Bancorporation, through its Texas division, Amegy Bank, closed a $12,000,000 credit facility for a distributor of control valves, actuators, and related equipment for various industries. The credit facility consisted of a $10,000,000 multi-year...
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January 24, 2024, 07:41 AM
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Ares Commercial Finance provided a senior secured revolving line of credit to a Decorative Lighting distributor.
The proceeds via this transaction will be used to support the Company’s working capital needs and refinance a portion of the company’s...
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January 18, 2024, 07:52 AM
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Wintrust Business Credit (WBC) closed a new $7 million asset-based line of credit to support the acquisition of a Minnesota-based distributor of fresh and frozen seafood. The company was recently spun out of a global food manufacturer and supplier...
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September 20, 2023, 07:53 AM
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NXT Capital provided a unitranche credit facility to support Chef Merito’s merger with La Fiesta. Chef Merito is a portfolio company of PNC Riverarch. NXT Capital acted as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner on this...
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September 08, 2023, 07:11 AM
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Zions Bancorporation, through its Texas division, Amegy Bank closed and funded an $8,000,000 credit facility for the distribution arm of a multi-national manufacturer of steel forgings. The Company provides critical OEM parts for equipment...
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August 23, 2023, 07:45 AM
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Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $11 million revolving line of credit for the acquisition of a pipe/valve/fittings...
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Entrepreneur Growth Capital closed a $3 million term loan to a New Jersey distributor of consumer products. The distributor is experiencing a great deal of growth and is expecting a bank line of credit to close in the next six months. EGC provided a...
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Iron Horse Credit (“IHC”), closed a $1,000,000 stand-alone inventory revolving line of credit to a Georgia based Marble and Granite Slab Distributor. The family-owned company has been self-funded since inception and sought out Iron Horse Credit as...
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Entrepreneur Growth Capital (“EGC”) closed a $1 million asset-based facility for a wholesale distributor of horticultural products. The facility provides availability against both accounts receivable and inventory. Dean Landis, CEO, stated, “This...
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Lighthouse Financial completed a $4,250,000 credit facility for a South Carolina based manufacturer and distributor of a wide array of Tier 1 and Tier 2 solutions, including ISO-certified soundproofing components, adhesives, custom manufacturing...
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Citizens provided an asset-backed credit facility to the Belknap White Group to refinance existing debt, provide funds to acquire the assets of Swiff-Train Corporation and support future growth. The new facility consolidates two separate facilities...
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MidCap Business Credit closed on an $6,500,000 asset-based credit facility to a New England based distributor of licensed pharmaceutical products. The new relationship and was sourced and closed out MidCap’s headquarters in West Hartford, CT. Seth...
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Entrepreneur Growth Capital closed an $8 million asset-based facility for a wholesale distributor selling products to well known retailers and ecommerce companies. The facility includes a $4 million revolver and a $4 million term loan that will repay...
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O2 Sponsor Finance, a division of Old Second National Bank, provided senior secured credit facilities to support Graycliff Partners' growth investment in Republic Electric Company ("Republic").Founded in 1916, Republic is a distributor of HVAC...
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Brookridge Funding completed a $5,000,000 Purchase Order Funding facilitiy for a Texas-based importer and distributor of solar panels. Broadridge introduced a factor to provide receivable financing. Brookridge Funding, a...
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Huntington Business Credit closed $39,400,000 in new credit facilities with Santmyer Companies, Inc. on March 31, 2023. Proceeds of the facility were used to finance an acquisition, refinance existing debt and provide ongoing working capital growth...
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Ocean Bank announced its Factoring Division has closed and funded a new $5 million factoring facility to a rapidly growing distributor of recycled paper and cardboard. “The client had been self-financing its working capital requirements until now....
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CrossAmerica Partners entered into an amended and restated five-year Revolving Credit Facility agreement with a syndicate of lenders led by Citizens Bank. The Amended Facility provides borrowing capacity up to $925 million, an increase from the...
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Zions Bancorporation, through its Texas Division, Amegy Bank, closed and funded a $45,000,000 credit facility for an importer and distributor of iron castings for the water and waste water industries. Proceeds of the credit facility were used to...
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Huntington Business Credit closed a $25,000,000 new credit facility with Vanguard International Solutions, Inc. on December 30, 2022. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital growth...
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February 01, 2023, 08:00 AM
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Brookridge Funding completed an $8,000,000 Purchase Order Funding facilitiy for an importer and distributor of solar panels. Brookridge Funding, a leading source of Purchase Order Funding over the last 28 years, has serviced over...
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January 31, 2023, 07:08 AM
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Mountain Ridge Capital and Great Rock Capital jointly announced the closing of a senior secured credit facility for HOP Energy, LLC (“HOP”). Founded in 1995 and headquartered in White Plains, NY, HOP Energy is a market-leading home services provider...
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January 30, 2023, 07:45 AM
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Eclipse Business Capital (“EBC”) provided a $28.5 million senior secured credit facility to support the acquisition of a flooring products distributor. The transaction included a $25 million revolving line of credit and a $3.5 million machinery &...
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January 25, 2023, 07:37 AM
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Iron Horse Credit (“IHC”), closed a $3,500,000 inventory facility to a cell phone and electronic distributor the last week of December. The credit facility will provide the company with additional working capital to cover supplier payments and meet...
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January 04, 2023, 07:49 AM
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Main Street Capital Corporation completed a new portfolio investment to facilitate the minority recapitalization of World Micro Components, a distributor of electronic parts and components serving a variety of end markets, including aerospace and...
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December 21, 2022, 07:30 AM
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White Oak Commercial Finance, an affiliate of White Oak Global Advisors, LLC, provided a $80 million revolver to a Midwest-based distributor and value-added service provider of specialty metal products with operations throughout the United States....
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December 20, 2022, 07:52 AM
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Huntington Business Credit closed $36,000,000 in new credit facilities with Trumbull Industries, Inc. on October 3, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the Company, and provide...
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December 13, 2022, 08:00 AM
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Audax Private Debt announced that, as Administrative Agent and Sole Lead Arranger, it provided a unitranche credit facility to support the acquisition of Quality Valve by The Stephens Group, a Little Rock-based private investment firm.Founded in 1994...
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December 09, 2022, 07:00 AM
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TAB Bank provided a commercial truck parts distributor in Texas with a $5 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...
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November 30, 2022, 07:00 AM
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Entrepreneur Growth Capital completed a $1.5 million senior secured credit facility to a third-generation, family-owned importer, roaster and distributor of premium grade coffee and related products. Coming off from a trough in sales caused by the...
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November 15, 2022, 07:21 AM
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Approved Oil Co. of Brooklyn entered an amended and restated asset-based credit facility, which expires in October 2027 and provides the borrower under the Credit Facility the ability to borrow up to $160 million on a revolving line of credit for...
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November 07, 2022, 07:32 AM
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Fifth Third Bank provided a $35,000,000 senior credit facility comprised of a revolving credit facility and term loan to Kitchen Cabinet Designers, LLC to support the company's growth strategy. Kitchen Cabinet Designers, LLC, dba Kitchen Cabinet...
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October 24, 2022, 07:45 AM
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Ravinia Capital, a Chicago-based boutique investment bank specializing in sell-side M&A and capital advisory for middle-market companies, announced the refinancing and raise of additional debt for the Primex Family of Companies (PFoC).PFoC is a...
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October 18, 2022, 07:14 AM
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BMO closed as Sole Lender on a senior secured credit facility in support of MiddleGround Capital’s acquisition of HLC, Inc. The ABL facility refinanced the Companies’ existing credit facilities, partially financed the acquisition, and will provide...
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October 13, 2022, 07:40 AM
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MidFirst Business Credit (MFBC) provided a $9 million working capital and term facility to Heat Transfer Tubular Products, LLC (HTTP). Headquartered in Conroe, Texas, HTTP is a value-added distributor of niche products for heat exchangers, condensers...
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September 07, 2022, 07:30 AM
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NXT Capital closed a credit facility in support of Platte River Equity’s acquisition of Belt Power. NXT Capital acted as the Administrative Agent, Sole Lead Arranger, and Sole Bookrunner on this transaction.Headquartered in Marietta, GA, with 12...
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September 01, 2022, 07:40 AM
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TAB Bank provided a wood products distribution company in Arkansas with a $5 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...
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August 30, 2022, 06:00 AM
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LSQ originated an $18 million credit facility for a distributor of lighting and ceiling fans serving big-box retailers nationwide. The facility includes both accounts receivable and inventory financing.The company will use the additional capital to...
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August 18, 2022, 07:17 AM
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Huntington Business Credit closed $35,000,000 in new credit facilities with American Kenda Rubber Industrial Co. Ltd. (dba Kenda USA) on June 28, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working...
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Iron Horse Credit (“IHC”) closed a $1,500,000 stand-alone inventory revolving line of credit to a wholesale distributor of tile and natural stones. The company has a reputable name dating back over a century and offers a one-stop point for both...
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When a Los Angeles-based consumer packaged goods distributor sought funding to underpin its initial growth for spring orders, the company selected Republic Business Credit. Republic approved a scalable, traditional factoring facility to support the...
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Amerisource Business Capital closed and funded a $1,000,000 senior credit facility for a Pennsylvania-based automotive supply distribution firm. The firm is experiencing a period of rapid growth necessitating the need for working capital financing....
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Corporate Banking team provided Atlantic Equipment with $4.3 million in funding to support its expansion...
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, closed a senior secured credit facility with a leading distributor of metal coils and sheets to the metal roofing industry located in Florida.
The...
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A healthcare supplies wholesale distribution company received a large contract for PPE from a state government. They lacked the working capital to fill the order. Their factoring company recommended working with Gateway Trade Funding to find a way to...
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White Oak Global Advisors provided a $75 million term loan to North Atlantic Imports, which also operates under the name Blackstone Products, a Utah-based distributor of branded griddles and accessories. The loan was offered on a split-lien basis...
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, closed a senior secured credit facility with Stanz Foodservice (“Stanz”) and Troyer Foods (“Troyer”), two leading regional food and non-food...
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Eastern Bank announced Boston Battery as a new asset-based lending customer. Boston Battery is an independent, locally owned wholesale distributor of Interstate Batteries, North America’s market leading automotive battery brand for over 60 years....
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Rosenthal & Rosenthal completed a recent joint $1.2 million revolving asset based lending facility to support Partner Foods Group, a domestic specialty foods importer and distributor. Founded in 2019, Partner Foods Group is a leading importer...
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February 22, 2022, 07:36 AM
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LSQ originated a $15 million credit facility to a new client. The client, a Florida-based food and beverage distributor, provides seafood and beverages to the cruise ship industry and required increased cash flow to help grow its business.“When the...
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January 26, 2022, 07:07 AM
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Eclipse Business Capital, formerly known as Encina Business Credit, provided an aggregate $142 million senior secured credit facility consisting of a $125 million revolving credit facility, a $5.5 million M&E term loan facility, and an $11.5 million...
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January 07, 2022, 08:05 AM
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Zions Bancorporation, through its Texas division, Amegy Bank of Texas, closed and funded an $8,000,000 credit facility for a wholesale distributor of steel products. The credit facility consisted of a multi-year revolving line of credit. Proceeds...
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January 07, 2022, 07:00 AM
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Rosenthal & Rosenthal upsized its recent inventory purchase commitment to support the production financing requirements of a California-based importer and distributor of solar panels, increasing the initial $30 million commitment to $60 million. The...
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December 14, 2021, 07:40 AM
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eCapital Commercial Finance provided a $6,500,000 asset-based lending credit facility to a California-based food and general products distributor.The company needed a larger working capital facility to support their growth needs. eCapital was able to...
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December 02, 2021, 07:00 AM
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Citizens served as Sole Lead Arranger for Addison, Ill.-based Parts Town’s upsized $150 million asset-based revolving credit facility. Founded in 1987, Parts Town is a technology-enabled distributor of genuine original equipment manufacturer parts...
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November 18, 2021, 07:48 AM
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Iron Horse Credit (“IHC”), closed a $3,000,000 stand-alone inventory revolving line of credit to a leading safety product distributor.Experiencing exponential growth prior and throughout the ever-changing environment arising from the pandemic, the...
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November 10, 2021, 07:30 AM
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Crown Partners, a debt advisory firm specializing in senior credit facilities and loan products for U.S. companies, announced the closing of an $8.0 million credit facility consisting of a $5.0 million revolving line of credit, $2.5 million real...
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November 03, 2021, 08:00 AM
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Zions Bancorporation completed an asset-based lending deal with a distributor of automation equipment and systems. The bank’s division in Colorado, Vectra Bank, provided the credit facility to its existing client.Following are details:
Loan Amount...
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October 27, 2021, 08:00 AM
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MidCap Business Credit announced today they have closed on a $3,500,000 asset-based revolving line of credit for Momenta, Inc., headquartered in Portsmouth, NH. Momenta is an importer and distributor of arts and crafts related consumer products. The...
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October 05, 2021, 07:51 AM
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Lighthouse Financial completed a $5,000,000 credit facility for an Atlanta-based wholesale distributor of flooring and related materials serving Alabama, Eastern Tennessee, Florida, Georgia, North Carolina, South Carolina, and parts of Mississippi...
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October 05, 2021, 07:09 AM
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Horizon Technology Finance closed a $30 million venture loan facility to Dropoff, Inc. of which Horizon funded $12.5 million of the initial $20 million draw, and a private investment vehicle managed by Horizon Technology Finance Management LLC...
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September 28, 2021, 07:50 AM
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Graybar completed the amendment and extension of its unsecured committed revolving credit facility. The amendment, among other things, extended the company's five-year $750 million revolving credit facility. The new facility matures in August 2026...
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August 18, 2021, 06:00 AM
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Eclipse Business Capital LLC (“EBC”), formerly known as Encina Business Credit, provided a $100 million senior secured revolving credit facility to a global electronic component sourcing and distribution company.The senior secured revolving line of...
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August 13, 2021, 08:04 AM
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Rosenthal & Rosenthal announced the completion of a recent $30 million inventory purchase commitment to support the production financing requirements of a California-based importer and distributor of solar panels.The company had been reflecting...
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August 10, 2021, 07:14 AM
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Audax Private Debt announced that, as Joint Lead Arranger, it provided a unitranche credit facility to support the acquisitions of C.L. Smith, a leading distributor of rigid packaging solutions, and Silver Spur, a supplier of specialty glass and...
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Huntington Business Credit closed new $34,000,000 in credit facilities with Golding Farms Foods on April 14, 2021. Proceeds of the facilities were used in conjunction with investments provided by Centre Partners and Yukon Partners to refinance...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Oscar W. Larson Company by private equity sponsor Trive Capital. Founded in 1946 and headquartered in...
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Encina Business Credit provided an $80 million senior secured revolving credit facility to a national distributor of media and consumer goods.The senior secured revolving line of credit, which is collateralized by accounts receivable and inventory...
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Sterling National Bank's Asset Based Lending Group collaborated with Sterling’s Syndications Group to structure an $80,000,000 syndicated ABL line of credit among three lenders to an electronics distributor. The credit facilities will be used to...
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White Oak Commercial Finance's Government Contracting Finance arm provided a $4.5 million asset-based lending facility to a mechanical products distributor that sells to Fortune 500-listed companies.The facility was secured by the firm’s accounts...
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SLR Business Credit funded a $12,000,000 asset-based revolving line of credit for a distributor of veterinary medicine & supplies. Working through an investment banking group, the owners of this veterinary supplies company in Nebraska were introduced...
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Encina Business Credit provided a $10 million senior secured revolving credit facility to a designer, marketer, and distributor of mid-priced and premium bicycles. The revolving line of credit, which is collateralized by accounts receivable and...
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Amerisource Business Capital announced the closing and funding of a $12,000,000 senior credit facility for a California-based distributor of construction materials. The proceeds were used to provide additional growth capital. Andy Allaire Senior...
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Rosenthal & Rosenthal completed a $7.5 million revolving credit facility to support the working capital needs of a Midwest-based food distributor serving restaurants up and down the East Coast. In business for just under 10 years, the company had an...
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LBC Credit Partners provided a senior secured credit facility to support the acquisitions of Diversified Air Systems ("DAS") and Swanson Flo, Co., by Motion & Control Enterprises, a portfolio company of Frontenac. LBC served as Agent for the senior...
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February 19, 2021, 07:40 AM
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White Oak Commercial Finance's Government Contracting Finance arm provided a $3 million asset-based lending facility to a certified Women’s Business Enterprise (WBE) that distributes and installs specialty building products in the Northeast U.S.The...
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January 29, 2021, 07:00 AM
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Versant Funding announced it has funded a $1.2 million non-recourse factoring facility to a distributor serving the academic and commercial medical research communities. This company required a quick infusion of cash as a bridge to a planned capital...
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January 20, 2021, 06:00 AM
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CIT Group announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $20 million senior secured credit facility for Laurel Grocery Company LLC. Headquartered in London, Kentucky, Laurel Grocery is...
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December 03, 2020, 07:00 AM
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Cambridge Savings Bank (CSB) announced the closing of an $8,000,000 senior secured credit facility with Mohawk Rubber Sales of NE Inc. (Mohawk Rubber Sales), the largest family-owned and operated distributor of tire parts, equipment and supplies to...
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September 09, 2020, 09:00 AM
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White Oak Commercial Finance, LLC (“White Oak”), an affiliate of White Oak Global Advisors, LLC acknowledged the success of its valued client, StoreBound, a developer and distributor of housewares designed for healthy living. The fast-growing company...
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August 07, 2020, 08:00 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $70 million senior secured revolving credit facility to a leading national processor and distributor of branded and private label milk. The revolver was provided to help finance the...
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Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a distribution company based in California. The proceeds are being used for growth capital. Andy Allaire, Regional Market Manager for Amerisource...
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Rosenthal & Rosenthal, Inc., the leading factoring, asset based lending and purchase order financing firm in the U.S., announced the completion of two separate deals – a $5 million revolving line of credit and a $1.5 million asset based loan facility...
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TopBuild Corp. (BLD) the leading installer and distributor of insulation and building material products in the United States, has entered into a new term loan and revolving credit facility, replacing its previous senior secured facilities. Total...
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Sterling National Bank's Asset-Based Lending Group provided senior secured credit facilities totaling $9,000,000 to NorCal Lumber Company, Inc. The credit facilities will be used to provide working capital to support the Company's future projected...
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North Mill Capital announced it has closed a $5,000,000 Asset Based Revolving Line of Credit with Connecticut-based 203 Trading LLC, a distributor of refurbished computers and electronics headquartered in Norwalk.The funds will be used to repay the...
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White Oak ABL, LLC ("White Oak"), an affiliate of White Oak Global Advisors, announced today it closed a $75MM asset-based credit facility with Hunt & Sons, Inc., a third-generation, family-owned diversified petroleum products distributor."We are...
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January 30, 2020, 09:00 AM
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Rockland Trust announced it closed a $30 million revolving line of credit to Milton’s Distributing Co., Inc., a national wholesale distributor and importer of wine, beer and spirits. The loan will be used to refinance existing senior debt and provide...
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December 10, 2019, 08:50 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of an $8,000,000 senior credit facility to Troy Lee Designs, LLC.Based in Corona, California, Troy Lee Designs is...
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November 13, 2019, 08:00 AM
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Crossroads Financial, a leading provider of inventory financing, has recently provided a $12 million inventory revolver for the benefit of a distributor, retailer and wholesaler of interior fabrics.Two iconic brands in the upholstery fabric space...
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November 11, 2019, 08:45 AM
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Lawson Products, Inc. (LAWS) a distributor of products and services to the MRO marketplace, has entered into a new credit agreement increasing its maximum borrowing capacity from $40 million to $100 million. The new agreement also includes an...
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October 14, 2019, 08:45 AM
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Nebraska Book Company (NBC) entered into a new five-year, asset-based loan facility with CIT Bank. Part of the proceeds will be used to replace its existing credit facility with Callidus Capital Corporation, which will mature in January 2020. The...
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October 02, 2019, 08:55 AM
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Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $7,500,000 revolving line of credit facility for a distributor of ceiling fans and lighting in Tennessee.First Business Capital Corp. is a part of First...
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September 17, 2019, 08:35 AM
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Siena Lending Group LLC (Siena) announces the completion of an $11.75 million secured credit facility comprised of a senior secured asset-based revolving line of credit and term loans for Nilco Enterprises, Inc. and Dial Lubricants, Inc. (Dial). ...
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August 01, 2019, 08:35 AM
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Ares Commercial Finance announced that it has provided a senior secured credit facility to Denver Hardwood Co. Incorporated and certain of its subsidiaries and affiliates. The proceeds will be used to refinance the company’s existing credit facility...
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BizCap structured and delivered an asset based credit facility to a full-service supplier of snack foods and general merchandise throughout the U.S. In business for nearly 40 years, our client distributes a large variety of branded goods to over...
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Amerisource Business Capital announced the closing and funding of a $2,000,000 revolving credit facility for a Fuel Distribution Company based in Texas. Proceeds of the facility are being used to support working capital needs.Allison Billings...
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Citizens Commercial Banking led a senior secured asset-based financing to Merfish Holdings, LLC for the acquisition of United Pipe & Steel by Houston-based Merfish Pipe Holdings, a portfolio company of One Equity Partners. Citizens served as Lead...
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February 21, 2019, 08:00 AM
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EnviroStar, Inc., and certain of its subsidiaries entered into a Credit Agreement with Bank of America as Administrative Agent, Swingline Lender and L/C Issuer, Merrill Lynch, Pierce, Fenner & Smith Incorporated and U.S. Bank National Association, as...
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November 09, 2018, 07:24 AM
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NXT Capital announced that it has provided $108 million senior secured credit facility to support CenterOak Partners’ acquisition of GNAP. NXT Capital acted as the Sole Lead Arranger, Administrative Agent and Sole Bookrunner for this...
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November 09, 2018, 07:09 AM
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CIT Group Inc. announced that its CIT Northbridge Credit joint venture served as sole lead arranger on a $30 million revolving credit facility for Alliance Time Holdings. Headquartered in Manhattan, Alliance Time Holdings is a highly data-driven...
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Citizens Bank announced that Citizens Commercial Banking has provided a $25 million credit facility to Newington, NH-based SEA-3, LLC, a liquefied petroleum gas wholesale storage and distribution terminal operator located on the Piscataqua River and...
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December 20, 2017, 08:00 AM
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A. M. Castle & Co., a global distributor of specialty metal and supply chain solutions, announced that it has executed commitment letters with PNC Bank, National Association for (1) a $125 million senior-secured, revolving credit facility that will...
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NXT Capital announced that it has provided a $116 million senior secured credit facility to support LKCM Headwater Investments’ acquisition of TestEquity.
NXT Capital acted as the Joint Lead Arranger, Administrative Agent and Joint Bookrunner for...
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Citizens Bank announced that Citizens Commercial Banking is providing a $20 million credit facility to Garber Bros., Inc., which distributes cigarettes, tobacco, health and beauty, and grocery products to convenience stores located primarily in the...
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February 01, 2017, 07:51 AM
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A. M. Castle & Co., a global distributor of specialty metal and supply chain solutions, announced the execution and closing of a definitive agreement for new $112 million secured term credit facilities (the "Credit Facilities").As previously...
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December 12, 2016, 07:48 AM
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GMS Inc., a leading North American distributor of gypsum wallboard and suspended ceiling systems, announced an amendment to its ABL Credit Agreement (“ABL”). Under the agreement, the ABL will, among other things, expand to $345 million from $300...
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November 23, 2016, 07:38 AM
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Lighthouse Financial Corp. provided a $1.7 million revolving line of credit and a $350,000 term loan facility to an Atlanta, GA based fabricator and distributor of pipes, valves, and fittings. Founded in 1998, the company started primarily as a...
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November 07, 2016, 07:41 AM
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BlueLinx Holdings Inc., a leading distributor of building and industrial products in North America, announced an extension of the maturity of its revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, National Association....
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November 04, 2016, 07:18 AM
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Antares Capital is serving as administrative agent and joint lead arranger on a $76.7 million senior secured credit facility to support the acquisition of Omega Acquisition Corporation (“Omega”) by AEA Investors (“AEA”).Based in Irving, TX, Omega is...
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September 19, 2016, 07:58 AM
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Rosenthal Trade Capital (RTC), a new division of Rosenthal & Rosenthal, Inc., today announced its latest purchase order finance deal with a global distributor and supplier of electronic, computer and aviation parts, components and hardware.As part of...
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September 15, 2016, 06:45 AM
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MamaMancini's Holdings, Inc., a marketer of specialty pre-prepared, frozen and refrigerated all natural food products (as defined by the United States Department of Agriculture), announced today the extension of financing agreements with two...
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September 09, 2016, 07:11 AM
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Reuters reported that Chefs' Warehouse this month cut its earnings forecast by about 20% just weeks after it obtained millions of dollars in financing, drawing the ire of some lenders.The Reuters article noted the distributor of specialty food...
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August 22, 2016, 07:58 AM
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Gibraltar Business Capital recently closed on a $4.5 million asset-based line of credit for a distributor of fishing supplies. Based in Campbellsport, WI, HT Enterprises is a niche company that sells everything from fishing tackle, rods and reels to...
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August 10, 2016, 07:21 AM
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US Capital Partners Inc. has provided a custom $8 million unitranche facility for Fulham Co., Inc. Headquartered in Hawthorne, CA, Fulham is a leading global supplier of lighting components and electronics for commercial and specialty applications...
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New Enterprise Stone & Lime Co., Inc. entered into a new $450 million secured term loan facility (“New Term Loan”) with a group of private lenders. The New Term Loan will be used to repay in full its existing 13% Secured Notes and $70 million term...
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The Chefs’ Warehouse, Inc., a premier distributor of specialty food products in the United States, announced commenced a refinancing process with the marketing of a new $280 million term loan facility and a $50 million delayed term loan facility...
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Antares Capital is serving as administrative agent and joint lead arranger on a new $58 million senior secured credit facility to support the acquisition of Travelpro Group Holdings Inc. by MidOcean Partners. Headquartered in Boca Raton, FL...
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Neon Finance Company LLC, a wholly owned subsidiary of WL Ross Holding Corp., priced and allocated a $655 million senior secured term loan facility associated with its previously announced definitive agreement to acquire Nexeo Solutions Holdings, LLC...
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PNC Bank, N.A., announced the closing of a $200 million asset-based revolving credit facility for Concordance Healthcare Solutions, a leading healthcare distributor based in Tiffin, OH. PNC Capital Markets LLC acted as joint lead arranger on the...
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Marquette Business Credit announced the firm has provided Nova Products, Inc. with a $6 million revolving line of credit for working capital. The company imports and distributes exotic prefinished and unfinished hardwood flooring, exterior decking...
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Gross & Janes Co. (G&J) has completed a recapitalization, including an asset-based revolving credit facility from Siena Lending Group LLC and a term loan provided by CapX Partners. FocalPoint acted as exclusive financial advisor to G&J.Headquartered...
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Antares Capital is serving as administrative agent and lead arranger on a $224 million senior secured credit facility to support the acquisition of TK Enterprises (“TKE”) by The Jordan Company.Founded in 1994 and headquartered in Dallas, TX, TKE is a...
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Wells Fargo Commercial Distribution Finance (CDF) has extended its inventory financing program through 2020 with motorcycle manufacturer, KTM. The extension will be used to support dealership floorplan financing of motocross bikes as well as off-road...
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Sheridan Capital Partners, a Chicago-based lower middle-market private equity firm, announced an equity investment into Europa Sports Products (“Europa”), a Charlotte-based wholesale distributor of sports and fitness supplements. Sheridan will merge...
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February 25, 2016, 07:54 AM
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Marquette Business Credit announced it recently funded a $4 million credit facility to a distributor and repair service provider for medical imaging devices. Marquette’s secured facility consists of a $4.0 million revolving line of credit which will...
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February 23, 2016, 07:24 AM
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FirstMerit Bank Business Credit announced it closed a new $6.5 million revolving loan and capital expenditure facilities to Drexel Metals, Inc. on December 23, 2015. Proceeds of the facility were used to refinance existing debt and to provide...
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January 25, 2016, 08:13 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $22.2 million senior credit facility to Houston, Texas based T&L Distributing, LTD. T&L is one of the largest flooring distributors in the nation, with...
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January 14, 2016, 07:58 AM
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Santander Bank has provided a $25 million senior-secured revolving line of credit to The Tuna Store, LLC (TTS), a subsidiary of Tri-Marine US Holdings, LLC. Proceeds from the facility will be used to support the company’s rapidly growing business in...
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January 14, 2016, 07:36 AM
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BMO Harris Bank’s Asset Based Lending group, a leading provider of middle-market asset based finance solutions, announced it acted as arranger, bookrunner and administrative agent of a $50 million senior secured revolving credit facility to Flack...
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January 13, 2016, 08:07 AM
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Trade Finance Solutions Inc., a leading provider of global trade financing solutions, announced they have provided a $10 million asset-based lending facility to a wholesale distributor of petroleum products . The proceeds will be used for working...
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January 05, 2016, 08:06 AM
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FirstMerit Bank Business Credit announced it closed a new $25 million revolving loan facility to Worldwide Electric Corporation on December 2, 2015. Proceeds of the facility were used to refinance existing debt and to provide working...
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December 21, 2015, 08:13 AM
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Pacific Mercantile Bank has increased its revolving line of credit with Argos Material Distribution to $2.25 million. In addition to the asset-based line of credit to finance accounts receivable, Argos Material Distribution utilizes the full array of...
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November 16, 2015, 07:23 AM
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Yelton Capital Network announced it arranged a $4 million asset-based loan facility for a Southeast-based medical equipment distributor. The twenty-five year old company operates both nationally and internationally providing equipment to hospitals...
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November 10, 2015, 07:07 AM
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Antares Capital and American Capital, Ltd. announced they were co-lead arrangers of a $170 million unitranche facility to support the acquisition of Kele, Inc. by Snow Phipps Group, LLC. Antares Capital acted as agent. Kele is an independent...
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November 09, 2015, 07:52 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $19.7 Million senior credit facility to Chicago, Illinois based Chicago Meat Authority, Inc. Chicago Meat Authority is engaged in the processing, packing...
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November 02, 2015, 07:59 AM
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Prospect Capital Corporation it has provided $17.5 million of first lien senior secured floating rate debt to support the recapitalization of Easy Gardener Products, Inc., a portfolio company of Centre Lane Partners, LLC.Founded in 1983 and...
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October 05, 2015, 07:49 AM
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Renasant Business Credit announced the closing of a $2.75 million asset-based revolving line of credit for a Southeastern-based company (the Company) engaged in the international distribution of electronic parts and components for both commercial...
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October 02, 2015, 07:45 AM
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TCF Capital Funding (TCFCF), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided secured financing to support the acquisition of Lone Star Distribution LLC (Lone Star or the...
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September 21, 2015, 07:51 AM
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Bibby Financial Services announces an $11 million revolving line of credit to Fragrance Acquisitions LLC, DBA Preferred Fragrance, a leading distributor of designer-inspired perfumes. This transaction is yet another asset-based lending facility...
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September 02, 2015, 07:36 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $5 million credit facility to Three J’s Distributing, Inc. (“Three J’s” or the “Company”). Established in 1985, Three J’s is a regional...
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September 01, 2015, 08:04 AM
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Lighthouse Financial Corp. announced today that it has provided a $2.5 million revolving line of credit to support the acquisition of a New York-based distributor of plumbing and HVAC equipment and supplies by a Tennessee-based private equity firm. ...
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MidCap Business Credit announced it has completed a $7 million asset-based line of credit to Warner Robins Supply Company, Inc. Warner Robins Supply is a distributor and retailer of building materials headquartered in Warner Robins, GA. The...
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Siena Lending Group announced the completion of a $14.5 million revolving and term loan facility for AmerTac Holdings, Inc. (AmerTac). The facility was used to refinance the existing lender as well as providing additional liquidity for working...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was administrative agent and joint lead arranger for the senior credit facilities to Sunbelt Transformer, Ltd., a Grey Mountain...
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MB Business Capital recently provided a new $10 million senior credit facility to Stockton, CA-based Azco Supply, Inc. Azco is a distributor of underground materials such as PVC conduit, underground pipe and wiring, transformers, LED street lighting...
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Marquette Business Credit recently provided Impex Global with a $5.75 million revolving line of credit and cash flow term loan. A LaSalle Capital portfolio company and located in Houston, TX, Impex is an importer and distributor of plastic films...
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Hitachi Business Finance announced a $2.5 million factoring facility to a wholesale supplier of machine parts for the financial industry.The company, located in the Southern United States, was searching for a new source of capital that offered...
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MB Business Capital announced it recently provided a new $12 million senior credit facility to Texas Wholesale. The company based in Dallas, TX with warehouse facilities in Dallas and Fort Worth, TX is a wholesale distributor of convenience store...
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Intrepid Investment Bankers (Intrepid), a leading middle-market investment bank, today announced a $65 million debt and equity growth capital raise for its client Ice Mobility, a national distributor of wireless products and a leading provider of...
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided a $6 million revolving credit facility to Skagit Gardens, Inc (“Skagit”). Headquartered in Mt. Vernon, WA, Skagit is a premium supplier of high-quality annuals...
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Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner it provided a senior credit facility to support the refinancing of Integrated Supply Network LLC ("ISN"), an Audax Group portfolio company, and ISN's...
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Bank of America Merrill Lynch is joint lead arranger, joint bookrunner and syndication agent in a $150 million asset-based revolver to Readerlink Distribution Services (RDS). Proceeds, in part, were used to acquire Baker & Taylor Marketing Services...
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TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided $21.5 million of secured financing to support Fort Point Capital’s investment in Sullivan, Inc....
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February 19, 2015, 08:09 AM
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BlueLinx Holdings announced an amendment to its revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, National Association. Under the agreement, the existing $447.5 million U.S. revolving credit facility is extended until...
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February 19, 2015, 07:48 AM
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Bank of America Business Capital has completed a $25 million ABL revolver for Monterrey Provision Co., Inc., to refinance the company’s existing debt and provide ongoing working capital financing to support the firm’s increased growth. “We’re very...
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January 26, 2015, 08:06 AM
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PNC Riverarch Capital announced the acquisition of a controlling interest in North American Breaker Co., LLC (NABCO), a leading specialty reseller of circuit breakers and related electrical components dedicated to “need-it-now” product solutions for...
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January 21, 2015, 07:28 AM
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Monroe Capital announced an increase in the credit facility to MSDP Group LLC (“MSDP”) to support the acquisition of ACCEL Performance Group (“ACCEL”). MSDP is a portfolio company of Hot Rod Brands, LLC, an affiliate of Z Capital Partners, LLC.Based...
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January 15, 2015, 07:39 AM
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Cincinnati-based commercial products distributor RelaDyne, LLC has closed on a $75 million asset-based revolving credit facility with U.S. Bank to support the company’s continued growth. “We are very pleased to establish this new relationship with...
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January 08, 2015, 07:38 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced that it recently provided a new senior credit facility to Kansas City, Missouri based, SMWC Acquisition Co., Inc. which does business under the name Steel Manufacturing & Warehouse...
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December 24, 2014, 07:48 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and is administrative agent for senior credit facilities to Allied 100, a Ridgemont...
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December 05, 2014, 07:19 AM
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First Capital, a specialized commercial finance company, provided a $21 million asset-based senior credit facility to a distributor of tires and supplies for the automotive, agricultural and professional industries. The senior credit facility...
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December 03, 2014, 08:02 AM
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GE Antares, a unit of GE Capital, announced it is serving as administrative agent on a $93 million senior secured credit facility to support the recent acquisition of Qualitor, Inc. by Wellspring Capital Management. In addition, GE Antares provided a...
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November 18, 2014, 07:26 AM
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Nebraska Book Company|Neebo Inc. announced it has closed on a $60 million five-year revolving credit facility with PNC Bank, N.A. As part of this new facility, the company’s existing asset-based loan lenders have also agreed to provide an additional...
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November 17, 2014, 08:06 AM
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Webster Business Credit Corporation has provided ADI American Distributors, Inc. ("ADI") with a $14MM credit facility consisting of a revolving credit, term loan and CAPEX line which was used to refinance existing debt and provide working capital for...
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November 05, 2014, 07:17 AM
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First Capital provided a $7.8 million revolving line of credit to Tapco Associates, Inc, dba Tapco Circuit Supply, a leading national supplier of materials and process solutions to the printed circuit industry. The senior credit facility consists of...
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October 21, 2014, 07:21 AM
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NXT Capital announced that it has provided a $17 million senior secured facility to fund Shorehill Capital’s acquisition of Belt Power LLC. NXT Capital was the sole lead arranger, sole bookrunner and administrative agent for this transaction. Belt...
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October 01, 2014, 07:08 AM
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First Capital provided a $15.5 million Asset-Based credit facility to Nick Barbieri Trucking, LLC (NBT), a leading West Coast distributor of fuel and lubricants. The senior credit facility consists of a $14 million working capital revolver secured by...
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September 23, 2014, 07:49 AM
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MidCap Business Credit announced it has completed a $4 million asset-based credit facility to Anthem Leather, Inc., an importer and distributor of furniture grade leather headquartered in High Point, NC. The revolving line of credit is comprised of...
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September 09, 2014, 07:22 AM
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Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, is pleased to announce a recently closed transaction. A $5 million accounts receivable credit facility has been extended to a New...
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September 05, 2014, 07:35 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and is administrative agent for $125 million in senior credit facilities to Galls, LLC, a...
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September 04, 2014, 07:07 AM
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First Niagara Commercial Finance has served as lead agent for a new credit facility to Stein Fibers, LTD, a leading distributor of polyester fiberfill headquartered in Albany, NY. The $70 million senior secured credit facility immediately provided...
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September 03, 2014, 07:51 AM
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GE Antares, a unit of GE Capital, served as administrative agent on a $315 million senior secured credit facility to support the acquisition of The Home Décor Companies by Nielsen & Bainbridge, LLC, a portfolio company of Kohlberg & Company. GE...
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August 29, 2014, 07:39 AM
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First Capital, a specialized commercial finance company, announced that it has provided an $8.85 million asset-based senior credit facility to a regional distributor of pipes, valves and fittings. The senior credit facility consists of an $8 million...
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August 26, 2014, 07:24 AM
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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 administrative agent for $103.25 million in senior credit facilities to Aramsco Holdings...
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August 12, 2014, 07:23 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank announced it has provided a $10,000,000 Senior Revolving Credit Facility to Seattle, Washington-based TRInternational, Inc. The company is a wholesale distributor of bulk chemicals products...
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August 08, 2014, 07:35 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and administrative agent for $170 million in senior credit facilities to FCX Holdings...
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August 06, 2014, 06:00 AM
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Bank of America Business Capital (BABC) has completed a senior secured revolving credit facility for Marco Polo International, Inc., to refinance the company’s existing debt and provide ongoing working capital financing. “Marco Polo is pleased to...
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EveryWare Global, Inc. has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the Company's Term Loan Agreement through July 29, 2014. In addition, EveryWare entered...
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FirstMerit Bank Business Credit closed a new $8.5 million revolving credit loan facility to Roosevelt Capital LLC. Proceeds of the facility were used to refinance existing debt and provide working capital. Roosevelt Capital LLC d/b/a Promotions...
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Bank of America Business Capital announced it has led an asset-based revolving credit facility to support the merger of The Vintner Group, Inc. and Winebow, Inc., both leading importers and distributors of fine wines and craft spirits. The combined...
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EveryWare Global, Inc. has entered into an amendment to extend the Company's Forbearance Agreement with the administrative agent and certain other lenders under the company's Term Loan Agreement through July 22, 2014. In addition, EveryWare entered...
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Siena Lending Group announced the completion of a three-year $1.5 million asset-based revolving credit facility for Progressive Products, LLC. Proceeds from Siena’s facility were used in conjunction with an SBA loan provided by a nationally...
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Audax Group has acquired Wheel Pros, LLC (“Wheel Pros”) from Platinum Equity. Headquartered in Denver, Colorado, Wheel Pros is a leading designer, marketer, and distributor of branded aftermarket wheels. The company also distributes performance tires...
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Empire Resources, a distributor of value added, semi-finished metal products, announced it has entered into a new $225 million working capital credit facility with an international consortium of banks, led by Rabobank International as lead arranger...
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GE Capital, Corporate Finance announced it is serving as administrative agent on a $160 million revolving credit facility for Huttig Building Product Inc. The new facility refinances existing debt and provides an additional $40 million in financing...
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BMO Harris Bank’s Sponsor Finance group announced it was joint lead arranger, joint bookrunner and is administrative agent for $106.5 million in senior credit facilities to Heritage Food Service Group Inc., a portfolio company of The Jordan...
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Finacity Corporation announced that it had successfully arranged and structured a $15 million invoice purchase facility for a leading nationwide Food Distributor. The facility will be used by the client strategically to finance invoices related to...
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GE Antares announced today it is administrative agent on a $66 million senior secured credit facility to support the acquisition of Gold Star Foods by Castle Harlan. GE Capital Markets served as joint lead arranger and joint bookrunner on this...
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AAMP of America, a portfolio company of Audax Private Equity, announced it has completed the acquisition of Armour Automotive Ltd. from Armour Group Plc, a leading consumer electronics group within the home and in-car communication and entertainment...
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and administrative agent for senior credit facilities to Curt Manufacturing, LLC (“Curt”)...
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided a credit facility totaling $19 million to a tool distribution company. The company imports and wholesales hand tools, power tools and accessories to a variety of...
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Bank of America Business Capital has completed a senior secured revolving credit facility for Teters Floral Products, Inc., to refinance the company’s existing debt and provide ongoing working capital financing.
“Teters Floral Products is pleased...
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GE Capital, Commercial Distribution Finance (CDF) announced that it will provide financing to information technology (IT) solution providers that are part of the AT&T Partner Exchange reseller program. The program helps solution providers create...
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February 26, 2014, 07:25 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a $10.94 million senior debt facility to Y-T Holdco, LLC in support of its acquisitions of Thorco Holdings, LLC and Young Oil Tools by Y-T Holdco, LLC. Y-T Holdco...
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February 24, 2014, 07:44 AM
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First Capital provided $20 million asset-based senior credit facility to a specialty seafood distributor. The senior credit facility consists of a $20 million working capital revolver collateralized by accounts receivable and inventory.
The company...
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February 20, 2014, 07:25 AM
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Cole Taylor Business Capital, a division of Cole Taylor Bank, announced the funding of a $6 million facility for Bolts & Nuts Corporation. The company, located in Chattanooga, Tennessee, is a leading full-service distributor of commercial and...
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January 14, 2014, 07:37 AM
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Prospect Capital has provided $260 million of floating-rate, senior secured financing to support the acquisition of Ash City Worldwide by Broder Bros., Co.Founded in 1919 and formerly known as Broder Bros., Co., alphabroder is the nation's largest...
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January 13, 2014, 07:12 AM
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Talon International, Inc. announced that it finalized a new $8.5 million credit facility agreement with Union Bank, N.A. on December 31, 2013, consisting of a $5.0 million term loan and a $3.5 million revolving credit facility.Talon immediately used...
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January 08, 2014, 07:23 AM
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Wells Fargo Capital Finance announced that it served as lead arranger in a $1 billion credit facility for SpartanNash that will be used for working capital and general corporate purposes including the recent completion of the Spartan Stores, Inc. and...
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December 03, 2013, 07:48 AM
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Motorcar Parts of America has entered into an amended and restated $125 million credit facility, comprised of a $95 million term loan and a $30 million revolving credit facility with Cerberus Business Finance LLC as collateral agent and PNC Bank as...
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November 13, 2013, 06:08 AM
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First Growth Capital, a division of First Capital, announced today that it has provided a $3.5 million working capital credit facility to a distributor of outdoor apparel. The facility is collateralized by the client’s account receivables and...
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November 11, 2013, 08:02 AM
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On October 29, 2013, U.S. Concrete, Inc. amended and restated its asset-based credit agreement. The amendment, among other provisions, effects the following changes upon a qualified refinancing of the Company's 9.50% Senior Secured Notes due 2015 (if...
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October 31, 2013, 07:17 AM
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NewStar Business Credit announced it has provided a senior secured credit facility totaling $12 million to Bachmann Industries (“Bachmann”). Located in Philadelphia, PA, Bachmann is the largest distributor of model trains in the United States. It...
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October 23, 2013, 07:45 AM
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Getzler Henrich & Associates announced that it had served as financial advisor to General Insulation Company (“GIC”), a Boston-based distributor of commercial and industrial insulation, HVAC, and fire-stop products, and related accessories including...
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October 17, 2013, 07:58 AM
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CIT Group announced that CIT Corporate Finance served as Co-Lead Arranger in a $194.5 million senior secured credit facility to TruckPro, one of the largest independent distributors of heavy duty truck parts in the United States, to finance its...
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September 04, 2013, 08:33 AM
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GE Capital, Corporate Finance announced it is co-collateral agent on a $300 million asset-based credit facility for Romeoville, IL-based KeHE Distributors, LLC. The loan will be used to support ongoing working capital needs. KeHE Distributors is a...
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August 21, 2013, 08:06 AM
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NXT Capital announced that it has provided $20 million in senior secured financing to recapitalize 1-800-Radiator & A/C. NXT was the Sole Lead Arranger, Sole Bookrunner and Administrative Agent for this transaction.1-800-Radiator & A/C is a leading...
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August 07, 2013, 07:52 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, announced that it has provided a $40 million senior secured credit facility to General Insulation Company (GIC), a Boston-based distributor of commercial and industrial...
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United Stationers Inc. announced it has closed an amendment and extension of its $700 million revolving credit facility with a syndicate of financial institutions. This amendment extends the expiration date of the facility to July 6, 2018.The...
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Unified Grocers, the largest wholesale grocery distributor in the western United States, has successfully completed a refinancing of its senior credit facilities. The refinancing included both the replacement of the existing revolving credit facility...
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BlueLinx Holdings, a leading distributor of building products in North America, has entered into an amendment to its U.S. revolving credit agreement that increases the amount of its credit facility to $447.5 million from $422.5 million.Under terms of...
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First Capital provided a $7.5 million asset-based lending facility to Triunfo-Mex, Inc., a leading distributor of Hispanic products including candy manufactured at its Mexican affiliate. The credit facility is collateralized by the company’s...
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Babson Capital Management announced it provided subordinated debt and made an equity co-investment to support AEA Investors LP’s acquisition of Aramsco Holdings Inc. Babson Capital was the lead provider of subordinated debt on the transaction, with...
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CIT Group Inc. provided a $96 million senior secured credit facility to Harvest Partners, a leading middle market private equity firm, to support its refinancing of TruckPro, LLC, a leading independent distributor of aftermarket parts and...
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