Builders FirstSource increased the revolving facility commitments and extended the maturity date under its existing $900 million revolving credit facility. Truist Bank will continue to serve as administrative and collateral agent under the...
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February 03, 2021, 08:00 AM
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The coronavirus’ effect on the US homebuilding and building products sector has not been as negative as anticipated, but better than expected second-quarter performance is not sustainable, says Fitch Ratings. We forecast housing activity and home...
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August 13, 2020, 09:05 AM
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Asset-based lender Thermo Credit, Inc. has provided a $2,000,000 factoring facility to 15 Rivers Ready Mix, LLC. The financing will be used as working capital to expand the newly launched cement manufacturing and distribution company, located near...
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January 22, 2019, 09:00 AM
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Crossroads Financial, a provider of inventory financing, has recently provided a $3,500,000 Inventory Revolving Line of Credit for the benefit of a wholesaler of wood flooring and vinyl products and accessories. The company, an importer and...
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Sallyport Commercial Finance Provided a $3,500,000 Accounts Receivable facility to an importer of hardwood flooring whose product is sourced from a variety of locations around the world. Established in 2005, the company sells a wide range of wood...
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Abacus Finance Group, LLC (Abacus), a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Lead Arranger for...
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September 13, 2017, 08:00 AM
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Ares Commercial Finance announced that it has provided a $30 million senior secured credit facility to Petersen-Dean, Inc.
The company, headquartered in Fremont, California, is a certified designer and installer of American-made commercial and...
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Luxor Industrial Corporation finalized a credit facility of C$5.275 million with HSBC Bank Canada which includes an Operating Line of C$1.5 million. The credit facility also provides a Standby Letter of Credit/Guarantee Loan facility, a Foreign...
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Gibraltar Business Capital announced a lending partnership with Millard Lumber Inc., a top value-added distributor of lumber and other building products. Based in Omaha, Nebraska, Millard has seen strong continued sales growth, creating a need for...
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February 12, 2016, 07:36 AM
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Triangle Capital Corporation, a provider of capital to lower middle-market companies, closed a $23.5 million investment in Consolidated Lumber Company LLC consisting of unitranche debt and equity. Consolidated is a leading provider of residential and...
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September 10, 2015, 07:37 AM
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Quanex Building Products Corporation, a leading supplier of window and door components, announced that it has significantly broadened its product portfolio and service model by entering into an agreement to acquire Woodcraft Industries, a premier...
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September 01, 2015, 08:01 AM
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US Capital Partners Inc. has provided a follow-on term loan for Tora Ventures, headquartered in Calgary, Alberta in Canada. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and has...
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August 05, 2015, 07:10 AM
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First Financial Business Capital, a division of First Financial Bank, announces the completion of a $19.575 million working capital and term loan facilities deal for an Ohio hardwoods and air movement company.First Financial began offering specialty...
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On May 15, 2015, the Boise Cascade and its principal operating subsidiaries, Boise Cascade Wood Products, L.L.C., and Boise Cascade Building Materials Distribution, L.L.C., as borrowers, and Boise Cascade Wood Products Holdings Corp., Chester Wood...
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