A distressed radiator component manufacturer based in Detroit Michigan with a primary manufacturing facility in Mexico became distressed as a result of delayed customer contracts and reduced demand in the 3rd party repair sector, which resulted in...
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August 23, 2024, 07:58 AM
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Breakout announced that the Company has unveiled a new brand identity, reflecting its redefined strategy focused on delivering a comprehensive suite of specialized lending products to address the unique challenges of its small business clients...
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November 14, 2023, 07:03 AM
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Breakout Capital, a leading fintech company simplifying access to term loans for small businesses, announced the successful merger of 12Five Capital, a Chicago-based commercial finance company with a focus on factoring, purchase order financing and...
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September 18, 2023, 08:02 AM
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After surviving a pandemic, small businesses now face more uncertainty with high inflation, talks of a recession and rising interest rates. Yet amidst the roller coaster ride, Breakout Capital has stepped up to provide businesses with more than $100...
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August 07, 2023, 07:00 AM
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Breakout Capital completed a $45 million credit facility in which Synovus Bank will provide the senior credit facility and an Austin, Texas-based credit fund, will provide the subordinate credit facility. Under the terms of the agreement, Breakout...
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July 27, 2023, 07:41 AM
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Breakout Capital, a leading nationwide small business lender focused on transparent, business-friendly loans and product innovation, announced today the promotion of McLean Wilson from Chief Credit Officer to Chief Executive Officer and President....
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January 15, 2020, 09:05 AM
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Breakout Capital, a technology-enabled small business lender, announced it obtained a new revolving credit facility from Drift Capital Partners, LLC, an alternative asset management company based in Charleston, South Carolina. The facility is...
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February 08, 2017, 07:14 AM
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