Nations Capital (NCI), a Gordon Brothers company and an asset management and advisory firm specializing in opportunistic investments and asset remarketing, together with Ritchie Bros. Auctioneers, have received bankruptcy court approval to serve as...
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September 18, 2024, 07:38 AM
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Utica Equipment Finance announce the completion of a transaction totaling $10 million in the month of December. The $10 million capital lease secured by in-use cranes, heavy haul trailers and heavy haul trucks for a company primarily operating in...
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January 06, 2023, 07:49 AM
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Sterling National Bank's Asset Based Lending Group provided a secured revolving line of credit totaling $40,000,000 to a crane services company. The credit facilities will provide refinancing of existing debt and support the company’s anticipated...
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November 04, 2021, 07:46 AM
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TNT Crane & Rigging closed on a $385 million asset-based lending revolving credit facility and a new $119 million 2nd lien term loan (the "2L Facility"). Proceeds from the ABL Facility and the 2L Facility will be used to repay all outstanding...
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September 09, 2021, 06:00 AM
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NXT Capital closed a $95 million unitranche credit facility in support of L Squared Capital Partners’ acquisition of Crane 1. NXT Capital acted as the Administrative Agent, Sole Lead Arranger and Sole Bookrunner on this transaction. Crane 1 is one of...
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August 19, 2021, 08:00 AM
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Ares Commercial Finance (“ACF”) and WhiteHawk Capital Partners, LP ("WhiteHawk") provided a CAD$130 (US$103 million) senior facility to a company based in Western Canada specializing in crane and heavy haul services.
The senior facility was...
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August 17, 2021, 07:34 AM
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CIT Group Inc. announced that CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $53.8 million senior secured credit facility for Circle 8 Crane Services LLC.
Based in Houston, Texas, Circle 8 Crane Services...
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January 08, 2019, 07:08 AM
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CIT Group Inc. announced that CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $35 million senior secured credit facility for Imperial Crane Services Inc.
For nearly half a century, Imperial Crane, based in...
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August 03, 2018, 07:18 AM
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