Sallyport funded $5,000,000 for a specialist hair care importer and distributor. This growing brand originated in the UK with a line of products dedicated to vegan and cruelty-free hair care and is continuing to realize their ambition of expansion...
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February 18, 2022, 07:00 AM
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TradeCap Partners recently secured a $1.6 million purchase order finance facility to a brand supplier of houseware goods based in North Carolina. The facility will support the company’s expansion into the retail channel, complementing its direct to...
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October 01, 2021, 07:00 AM
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Capital Southwest Corporation recently supported Kainos Capital in its acquisition of Muenster Milling with a revolving credit facility, first lien term loan and delayed draw term loan. Capital Southwest led the financing and will act as the sole...
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August 17, 2021, 07:00 AM
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Ingenio, a portfolio company of Alpine Investors, raised $232 million of additional equity capital as part of a broader $462.4 million single asset secondary market transaction to fund future growth initiatives. This vehicle, led by a collection of...
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August 10, 2021, 06:00 AM
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Runway Growth Capital closed a senior secured term loan of $25 million to Allurion Technologies, a pioneering leader in the development of innovative, scalable and trusted weight loss experiences. The growth capital is expected to be used to fuel...
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The uncertainty created by the COVID-19 pandemic has driven many companies to take a harder look at their business partners and vendors especially when it comes to critical support and resources like business capital. LYV LIFE, Inc., which does...
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February 16, 2021, 07:28 AM
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TAB Bank entered into a multi-year agreement with Diff Eyewear to provide a $4 million revolving credit facility. The facility was used to refinance the company’s existing senior debt and provide for the company’s ongoing working capital needs as it...
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November 03, 2020, 07:30 AM
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Gateway Trade Funding, a PO and Trade Financing company, announced that it recently funded a purchase order facility that gave a beauty company the financing they needed to accept and fill a large order.True + Luscious, a clean beauty company...
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October 07, 2020, 09:10 AM
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Better Choice Company, an animal health and wellness company, announced that it has entered into a new $7.5 million two-year revolving credit facility with Citizen’s Business Bank to support its future growth initiatives. The New Credit Facility...
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North Mill Capital provided a $1,000,000 accounts receivable credit facility to Rebel Green, LLC, which is located in Mequon, Wisconsin and provides a broad line of natural, eco-friendly household cleaning products.The funds were used to pay off the...
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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 $50 million senior secured revolving credit facility for CITIES Market Studios.Based in Minneapolis, Minnesota, CITIES is a...
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TAB Bank is pleased to announce it has provided an $8 million asset-based revolving credit facility for a consumer lighting products company based in Utah. The new facility is extended through a multi-year agreement and will provide for the ongoing...
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Equity Partners HG announced it acted as the exclusive investment banker to Asheboro Elastics Corp in the placement of its new senior secured debt.Asheboro Elastics Corp (“Asheboro” or the “Company”) is a privately-held, leading producer of knitted...
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October 21, 2019, 09:00 AM
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A turnaround consultant called in Gibraltar when his client’s bank proved less flexible than necessary while certain business improvements were in process. Gibraltar was able to respond with a $13 million asset-based line of credit to help the...
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August 22, 2019, 08:45 AM
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Rosenthal & Rosenthal, Inc., announced the completion of a recent $1 million purchase order finance facility to support the production financing requirements of a women’s private label apparel company.Based in California, the woman-owned and operated...
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August 14, 2019, 08:00 AM
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Rosenthal & Rosenthal, Inc., the leading independent factoring, asset based lending and purchase order financing firm in the United States, announced the completion of a recent $1 million inventory production finance deal for an importer of luxury...
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Rosenthal & Rosenthal, Inc., a leading independent factoring, asset based lending and purchase order financing firm in the United States, announced the completion of a recent $2 million asset based lending deal, with GAME Sportswear, Ltd., a New York...
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Sallyport Commercial Finance helped an existing client expand by offering a $750,000 Accounts Receivable Facility to a newly formed woman-owned business so they can move into new markets.As a minority owned business, they now have the opportunity to...
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Siena Lending Group announced the completion of a $5 million asset-based revolving credit facility for RéVive Skincare (“RéVive”). The facility will be used to support the company’s working capital and continued growth.RéVive, a luxury skincare line...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it acted as sole lender and administrative agent on the funding of a $29,500,000 senior credit facility to Berkeley, Illinois-based Honey-Can-Do International, LLC (HCD). HCD is a...
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September 20, 2018, 08:00 AM
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TradeCap Partners provided a $4.7 million Purchase Order Facility to a California based, branded consumer goods company. The facility was structured to satisfy increased working capital needs related to seasonal Black Friday and Holiday pallet...
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September 19, 2018, 07:00 AM
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East West Bank announced that it has completed an amendment of its five-year $75 million ABL revolving line of credit. The ABL facility will be utilized by PetIQ for general corporate purposes and provide the Company with ongoing working capital...
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August 31, 2018, 07:03 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has extended a $4.75 million commercial term loan credit facility to Fragrant Jewels. In addition to the financing, Fragrant Jewels will utilize...
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Siena Lending Group LLC announced the completion of a three-year $8 million asset-based revolving credit facility for Algenist LLC. The facility will be used to support the company’s working capital and continued growth. Algenist LLC, founded in 2011...
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Lighthouse Financial Corp. announced that it has provided a $2,500,000 revolving line of credit and a $321,000 term loan to a New Jersey based manufacturer of hair care products. Founded over 30 years ago, the company has been dedicated to serving...
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January 17, 2017, 07:00 AM
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Business Capital has delivered mezzanine financing for Canadian based Evergreen Consumer Brands (ECB), a fully integrated sales, marketing, and manufacturer of branded and contract filled health, beauty, oral care, and household cleaning products....
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December 07, 2016, 07:22 AM
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H.I.G. WhiteHorse, a credit affiliate of global investment firm H.I.G. Capital, has supported Gotha Cosmetics’ acquisition by Capvis Equity IV LP, a fund advised by Capvis Equity Partners AG (together “Capvis”) by providing funding to support a €65...
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October 03, 2016, 07:43 AM
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Gerber Finance announced it funded a $2.5 million credit line for Pure Sun Defense, a new sunscreen product. After actor Hugh Jackman had four skin cancers removed in the last 18 months, he collaborated with business partner, Chris Clark to launch a...
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Gibraltar Business Capital recently closed a new $5 million asset-based credit facility to a Burlington, MA based company that specializes in designing and developing patented consumer products; currently its primary product is a heated insole which...
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King Trade Capital announced the closing of a $1.5 million production finance facility for a manufacturer of skin care products. The company is owned by a private equity investor with investments in the consumer products space. Over the past several...
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CCA Industries, Inc. announced it entered into a new credit facility with SCM Specialty Finance Opportunities Fund, L.P., an affiliate of CNH Finance, L.P., on December 4, 2015 to pay off the company's existing debt with Capital Preservation...
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December 11, 2015, 07:17 AM
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Avon Products, Inc. terminated its $1 billion senior unsecured revolving credit facility on June 5, 2015, replacing it with a $400 million senior secured facility. Fitch Ratings had cited the company's declining liquidity as part of its rationale in...
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US Capital Partners Inc. has provided well-structured and timely bridge financing for Wham-O Marketing, Inc. (“Wham-O”), a global leader in the toy and lifestyle industries, to raise an investment facility to support strategic growth initiatives....
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NXT Capital announced that it has helped provide a $138.5 million senior secured credit facility to finance Irving Place Capital’s acquisition of Bendon, Inc. NXT Capital acted as Joint Lead Arranger and Co-Documentation Agent for this transaction....
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Concord Financial Advisors, LLC announced the closing of a $5 million senior secured revolving line of credit for Organic Holdings, LLC located in Boca Raton, FL. The company is a leading manufacturer and distributor of natural, nutritional...
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Avidbank Corporate Finance, a Division of Avidbank that specializes in technology and asset-based funding, has provided financing to support the acquisition of Japonesque LLC located in San Ramon, California by Private Equity firm, San Francisco...
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Golub Capital announced that as sole lead arranger and administrative agent, it provided a senior credit facility to support the acquisition of C.B. Fleet Company, Inc. d/b/a Fleet Laboratories ("Fleet Laboratories" or "the Company") by Gryphon...
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October 28, 2014, 07:59 AM
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Prospect Capital Corporation recently provided $215 million of first lien senior secured credit facilities to support the recapitalization of Pacific World Corporation (“Pacific World”), a portfolio company of Levine Leichtman Capital Partners...
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September 29, 2014, 07:54 AM
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Gilla Inc. ("Gilla" or the "Company") announced it has closed a new $500,000 Revolving Credit Facility for the exclusive purpose of purchasing inventory for sale in the Company's electronic cigarette business initiatives. This new Credit Facility...
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August 11, 2014, 06:47 AM
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Salus Capital Partners, LLC, announced it has agented a $49 million senior-secured debtor-in-possession (DIP) facility to Kid Brands, Inc. Sterling National Bank is a participating lender in the DIP facility.Kid Brands, Inc., together with its...
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Coral Capital Solutions announced they provided a $3 million purchase order and factoring facility to a startup designer and manufacturer of consumer products. The facility will allow the New York-based company to launch their sales in the United...
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Siena Lending Group LLC announced the completion of a $3 million senior secured revolving credit facility for Carol’s Daughter Holdings, LLC, a developer and distributor of hair and beauty products. The facility will be used to support the company’s...
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In a press release, Tiger Group’s Remarketing Services Division announced it is now accepting sealed bid offers for intellectual property, inventory and other assets of Biotech International Corporation, including its flagship DermaSilk brand, a...
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February 11, 2014, 07:21 AM
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Tiger Group’s Remarketing Services Division and Reich Brothers are now accepting offers for the assets of Creations Garden Natural Products, Inc., a natural products manufacturer based in Valencia, Calif. Tiger and Reich are conducting the sale in...
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February 03, 2014, 07:12 AM
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Siena Lending Group LLC announced the completion of a three-year $3 million senior secured revolving credit facility as part of a $13 million leveraged recapitalization for VIOlife, LLC. The facility was done in conjunction with subordinated debt...
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January 08, 2014, 07:35 AM
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Gerber Finance Inc. announced the funding of a $4 million line to Revive Personal Products. Revive is a leading company providing personal care products offering compelling options for people who care about their health, their happiness and their...
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December 05, 2013, 04:00 PM
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