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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