BHI closed a $15 million credit facility for Hotwire Communications, a national fiber optics internet cable provider for residential and commercial buildings. Based in Fort Lauderdale, Hotwire serves markets in the Southeastern United States. “BHI is...
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December 18, 2020, 08:00 AM
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Frontier Communications Corporation announced that it has priced its previously announced private offering of $1.650 billion aggregate principal amount of First Lien Secured Notes due 2027. The First Lien Secured Notes will bear interest at 8.000%...
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Investment bank Cambridge Wilkinson announced it provided $150 million in factoring and purchase order funding to an unnamed telecommunications firm.
Cambridge Wilkinson arranges debt and equity capital raises from $25 million to $5 billion and...
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February 27, 2019, 08:00 AM
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King Trade Capital (KTC) announced the addition of the newest client in its portfolio. The company is a 26-year-old, Florida-based telecommunication supplier run by a seasoned team in the telecom service and distribution business.
KTC was introduced...
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January 17, 2019, 08:00 AM
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Sallyport Commercial Finance arranges a $14,500,000 million-dollar package, including an Accounts Receivable facility, Purchase Order facility and Inventory facility to a company that manufactures broadband communication products.Founded in 1997 and...
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December 17, 2018, 09:00 AM
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Spectrum Global Solutions, Inc., a single-source provider of end-to-end next-generation wireless and wireline network services and staffing solutions to the service provider (carrier) and corporate enterprise markets, has entered into a $5 Million...
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October 15, 2018, 07:00 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that the Bank’s Asset-Based Lending Group has extended a $4 million revolving line of credit to Kineticom Inc., an industry leading telecommunications and...
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September 21, 2017, 07:00 AM
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Trade Finance Solutions (TFS) announced a major transaction keeping in pace with growth projections for 2017.The asset based lending deal worth $7 million is to support the client's sales growth in the Mexican telecommunications industry. Working...
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September 14, 2017, 07:00 AM
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Citizens Bank announced that Citizens Commercial Banking led a new credit facility for Apogee Telecom, a provider of data and video services to on-campus student housing communities serving over 430 colleges and universities located in 46 states....
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August 14, 2017, 09:00 AM
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Siena Lending Group LLC announced the completion of a $7.0 million credit facility for Raven Antenna Systems, Inc. d/b/a Global Skyware to refinance their existing senior debt and to support their working capital needs.
Headquartered in Smithfield...
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $5 million credit facility to new client mPulse Mobile, a leader in mobile health engagement solutions. Proceeds from the facility will augment working capital and...
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DS-Concept has recently on-boarded a major global provider of technology products that sells networking hardware, telecommunications equipment and high-tech services. The company is headquartered in New Jersey and averages $40 million in sales...
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North Mill Capital has provided a $7,500,000 Asset Based Lending accounts receivable and inventory credit facility to Hutton Communications, Inc. The company is a distributor of commercial wireless communication parts and related equipment. The...
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February 08, 2017, 07:18 AM
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Consolidated Communications Holdings announced that it secured a new incremental term loan facility for its pending acquisition of FairPoint Communications, Inc., an all-stock merger valued at approximately $1.5 billion, including debt, which was...
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December 27, 2016, 08:00 AM
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MidCap Business Credit announced that it has completed a $3.7MM asset based line of credit to United Hardware, LLC in support of the management-led purchase of DataQ Internet Equipment Corp.’s assets. Headquartered in King of Prussia, PA, United...
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December 20, 2016, 07:05 AM
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Virgin Media announced the launch of a new minimum $750 million senior secured Term Loan due 31 January 2025. Proceeds of the Loan, if successful, will be used to refinance the existing £100 million Term Loan D due June 2022, a portion of the £990...
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December 08, 2016, 07:19 AM
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Golub Capital announced that as administrative agent, sole bookrunner and sole lead arranger, it provided GOLD financing to The Carlyle Group ("Carlyle") to finance its acquisition of NetMotion Wireless, Inc. ("NetMotion") from Clearlake Capital...
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October 12, 2016, 07:31 AM
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North State, a leading fiber optic network, cloud and IT services provider, announced the completion of a new credit facility. Bank of America Merrill Lynch leads the facility syndicate that includes CoBank, Fifth Third Bank, High Point Bank and TD...
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Hibernia Networks, a leading provider of global, high speed telecommunications solutions, announces that it has completed a $165 million senior secured credit facility with a new lender group. The refinancing will be used to pay down existing...
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Fifth Street Asset Management announced today that its affiliate, Fifth Street Management LLC, served as Joint Lead Arranger and Joint Book Manager for a first lien credit facility to support GTCR's acquisition of Onvoy, LLC. The financing facility...
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Spectra7 Microsystems Inc. announced that the company has closed a $6.5 million senior secured term loan facility with Midcap Financial and certain lenders.The loan facility is for a 36 month term with interest payable monthly in arrears at an annual...
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Thermo Credit, LLC provided Gibson Technology Solutions a $250,000 factoring facility to be used for business expansion. The facility was funded by Thermo Credit’s lending partner, Thermo Communications Funding, LLC.Seth Block, Executive Vice...
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Scott Valley Bank’s Asset Based Lending division, SVBusiness Capital, has recently provided a $1.5 million accounts receivable line of credit with a $200,000 inventory sub-feature to an Integrated Mobile Solutions Provider in the San Francisco Bay...
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February 05, 2016, 07:43 AM
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Crystal Financial announced the firm agented a $25 million second lien term loan for Alaska Communications. Alaska Communications is a leading provider of integrated communications services including broadband, voice and information technology for...
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November 10, 2015, 07:53 AM
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Level 3 Communications, Inc. announced that its wholly owned subsidiary, Level 3 Financing, Inc., has successfully completed the marketing of the refinancing of its $2.0 billion senior secured Tranche B 2022 Term Loan and received commitments to...
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US Capital Partners Inc. has provided a $3 million credit facility for Direct Communication Solutions, Inc. (DCS), headquartered in San Diego, California. US Capital Partners is a private investment bank that makes direct debt investments...
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Overnite Capital recently entered into a $200,000 credit facility, providing growth capital, with Blue Sky Wireless, L.L.C., a Florida based wholesale agent.Overnite Capital offers over three decades of commercial factoring experience in a wide range...
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February 18, 2015, 07:09 AM
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Allied Affiliated Funding announced it has provided a $600,000 receivables line for a Texas-based telecom business that provides cell phone tower maintenance services. The company was unable to receive traditional bank financing due to one of the...
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January 14, 2015, 07:06 AM
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Allied Affiliated Funding announced the following recently closed transactions for their smalleticket telecom division: $100,000 receivables line for a Georgia-based telecom business. This Funding By Allied enabled this small business entrepreneur to...
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January 09, 2015, 09:18 AM
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On December 19, 2014, Atlantic Tele-Network amended and restated its existing credit facility. The amended credit facility provides for a five year $225 million revolver facility and the ability to increase the revolver by up to an additional $200...
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December 30, 2014, 08:04 AM
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GE Capital’s Telecom, Media and Technology (TMT) financing business announced that it served as administrative agent on a $117.3 million senior secured credit facility to support ABRY Partners’ majority ownership position in KORE Wireless Group, Inc....
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November 18, 2014, 07:12 AM
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TAB Bank announced it has provided a $500 thousand revolving credit facility for an internet and telecommunications company located in the Southeast. The company provides Wifi, telephone, and design services for retail properties throughout the...
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October 22, 2014, 07:02 AM
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Applied Optoelectronics, a provider of fiber-optic access network products for the cable broadband, internet data center, and fiber-to-the-home markets, entered into a new credit agreement with East West Bank to expand its borrowing capacity to $15...
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