Gordon Brothers provided Middle West Partners (MWP) $30 million in financing and advisory work to support the private equity firm’s majority stake acquisition of the luxury jewelry brand David Webb. In addition to the acquisition, MWP will use the...
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A fashion jewelry and accessories company was growing fast and had just received a large order from a major retailer. However, their current factoring arrangement wasn’t enough. That’s when their factoring company recommended Gateway Trade Funding to...
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Second Avenue Capital Partners provided a senior secured credit facility to MARIA TASH, a fine jewelry and luxury piercing brand founded by designer Maria Tashjian. The credit facility will be used to support increased working capital and fund...
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Charles & Colvard entered a new strategic commercial banking relationship with JPMorgan Chase Bank, which includes entering into a $5 million credit facility, executed July 12, 2021, following the termination of the Company's prior credit facility...
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Canadian jewelry giant Birks Group Inc.announced the signing of a CAD$85 million (US$67.1 million) senior secured revolving credit facility with Wells Fargo Canada Corporation on October 23, 2017. The new credit facility, which matures in October...
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October 27, 2017, 07:00 AM
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Citizens Bank announced that Citizens Commercial Banking has provided a new $35 million credit facility to Cranston, R.I.-based Luxury Brand Holdings, Inc., a specialty retailer of fine jewelry which operates under the “Ross-Simons” and “Sidney...
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August 03, 2017, 07:06 AM
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Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a $25 million asset-based facility to refinance the existing debt facility and provide working capital for Betteridge Jewelers, Inc. Founded in...
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Citizens Bank announced that Citizens Commercial Banking is providing a $20 million revolving credit facility to David Webb, LLC. Citizens is the sole lender and administrative agent.Established in 1948, David Webb is a premier jewelry brand whose...
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January 25, 2017, 07:51 AM
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Excelsior Capital Ventures (ECV) LLC, announced it will be making substantial liquidity available to the mid-stream diamond and jewelry industry. The New York-based firm, founded by industry leader Nehal Modi, said it expects to begin lending...
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August 17, 2016, 07:36 AM
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Charles & Colvard, Ltd., the exclusive global supplier of moissanite and Forever Brilliant, The World’s Most Brilliant Gem, has closed a new three-year $10 million asset-backed credit facility with Wells Fargo Bank. The company’s previous credit...
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