Siena Lending Group closed a $70 million credit facility with Navajo Transitional Energy Company, LLC (“NTEC”). The financing solution includes a $50 million asset-based revolving credit facility and a $20 million second lien term loan arranged by...
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February 24, 2022, 07:34 AM
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BankFinancial established a Convertible Accounts Receivable Financing/ABL Credit Facility to a Minnesota based leader in metal fabrication, sheet metal and stamping serving global industrial, agricultural, and commercial equipment customers. The...
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February 16, 2022, 07:37 AM
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Pyxus International, a global value-added agricultural company, entered into a $100 million asset-based lending (ABL) credit facility with PNC Bank effective February 8, 2022. The agreement with PNC replaces the Company's preexisting $75 million ABL...
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February 11, 2022, 07:52 AM
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Huntington Business Credit closed a new $20,000,000 credit facility with Atlas Wire, LLC on December 31, 2021. Proceeds of the facility were used to assist an acquisition and to provide ongoing working capital growth financing. Atlas...
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February 04, 2022, 07:39 AM
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Alleon Healthcare Capital closed a $6,000,000 medical accounts receivable financing facility with a primary care provider network based in New Jersey (“Company”). The Company was founded in 2014 and partners with independent primary care...
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February 04, 2022, 07:08 AM
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PNC Bank, N.A., a member of The PNC Financial Services Group, Inc. announced the closing of $84.5 million in asset-based loans for three companies in the Southeast: Interra International, KPAQ Industries and Kingsdown, Inc. PNC provided a $40 million...
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July 28, 2014, 08:04 AM
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PNC Bank, N.A., a member of The PNC Financial Services Group, announced the closing of a $64 million asset-based loan for Fiberon. The transaction consisted of a $50 million asset-based revolver and a $14 million term loan. Based in New London, North...
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July 01, 2014, 07:23 AM
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YRC Worldwide Inc. announced that it has closed on the financing of a new $700 million term loan and a $450 million Asset-Based Loan ("ABL") facility. The new ABL facility is $50 million larger than the company's current ABL facility and will support...
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February 14, 2014, 07:43 AM
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Bank of America Business Capital announced it has provided a new $30 million credit facility to Transportation Solutions Enterprises. Proceeds will be used to refinance existing indebtedness and for future working capital needsTransportation...
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October 29, 2013, 07:49 AM
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Chiquita Brands International announced that it proposes to offer $425 million aggregate principal amount of senior secured notes due 2021 in the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933...
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January 28, 2013, 07:17 AM
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