Huntington Business Credit closed a $20,000,000 new credit facility with Aurora Wholesalers, LLC (dba The Mazel Company) on August 4, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital...
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August 29, 2023, 07:55 AM
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LSQ recently originated a $1.5 million credit facility for a Connecticut-based pet-food wholesaler. The company will use the additional working capital to support growth and manage sales and inventory seasonality.As part of the partnership, LSQ will...
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February 28, 2023, 07:13 AM
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Solifi announced Kawasaki Motors Finance Corporation (KMFC) – the captive finance arm of Kawasaki Motors Corp. U.S.A., an established global distributor of powersports vehicles – migrated its entire U.S. operations to the Solifi Wholesale Finance...
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September 07, 2022, 07:58 AM
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California Bank of Commerce (CBC) completed a $4 million asset-based revolving credit facility with a wholesale reseller of porcelain cookware and dinnerware. CBC was initially engaged as the business sought to establish a relationship with an Asset...
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Tradewind Finance has provided a USD 1 million domestic factoring facility to a seafood importer and wholesaler based in the United States that sells a variety of fish, including snapper, tuna, swordfish, mahi-mahi, and grouper, to retailers and...
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December 16, 2020, 08:30 AM
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CIT Group's Asset-Based Lending and Sponsor Finance businesses collaborated to serve as agent and sole lender on a $25 million revolving credit facility for KMS, LLC, one of the nation's largest wholesalers of consumer product closeouts and special...
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December 04, 2020, 07:30 AM
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Tiger Group will be conducting online auction on November 12 of textile embellishment and warehouse equipment, blank inventories of apparel and hardgoods, and intellectual property of a wholesale supplier of custom-designed promotional products for...
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November 02, 2020, 08:00 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, National Association, announced it acted as sole lender and administrative agent on the funding of a senior credit facility to Tidewater Fleet Supply, LLC. (“TFS”) based in Norfolk...
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February 26, 2020, 08:50 AM
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Amerisource Business Capital announced the closing and funding of a $1,500,000 revolving credit facility for a marble and granite wholesaler in North Carolina. The proceeds of the facility are being used for working capital, with availability against...
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January 28, 2020, 09:00 AM
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BikeCo, LLC, a joint venture consisting of Tiger Capital Group and Advanced Holdings Co. Ltd., has acquired the assets of Advanced Sports Enterprises (ASE). The winning bid, approved by the bankruptcy court on February 1, exceeded $23...
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February 06, 2019, 07:13 AM
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Super G provided a $1 million Second Lien Term Loan for a privately owned wholesaler of licensed toys, collectibles, and housewares.
The Company needed additional working capital to purchase inventory in advance of the holiday busy season. The...
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October 25, 2018, 07:12 AM
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Crystal Financial LLC announced the closing of a $70.0 million Senior Credit Facility for Southern States Cooperative. Through a network of owned retail locations and managed cooperatives as well as an extensive wholesale distribution business and...
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MidCap Business Credit announced that it has completed a $10 million Asset Based Credit Facility to New View Gift and Accessories Ltd. Headquartered in Media PA, New View, is a designer, importer and wholesaler of decorative home goods that are...
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November 07, 2017, 07:07 AM
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The PrivateBank announced it has extended a $9.125 million credit facility to City Wholesale, Inc., a wholesale distributor of tobacco, candy and groceries, based in Birmingham, AL.The PrivateBank is a part of PrivateBancorp, Inc., and delivers...
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November 16, 2016, 07:06 AM
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MidCap Business Credit completed a $4.75 million asset-based revolving line of credit to Southern Exchange, L.P., D/B/A, Texsport, a wholesaler of camping and outdoor recreational products headquartered in Houston, TX. The revolver is supported...
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November 21, 2014, 07:21 AM
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