Ares Commercial Finance (“ACF”) announced that it has led the financing of a $210 million senior secured cross-border revolving line of credit to MicroStar Logistics (“MicroStar”), a portfolio company of Freeman Spogli. The credit facility provides...
Read Story
January 05, 2022, 08:00 AM
|
iMedia Brands announce that on July 30, 2021, the Company closed on a new $108.5 million debt financing comprising a revolving credit facility from Siena Lending Group and a term note from GreenLake Asset Management.The new revolving credit facility...
Read Story
August 06, 2021, 07:40 AM
|
Siena Lending Group increased its senior credit facility with Wells Fargo Capital Finance to $400 million. This upsize will enable Siena to continue its growth following the firm’s historic results in the second quarter of 2021, when it closed more...
Read Story
August 04, 2021, 07:58 AM
|
Siena Lending Group closed a $17.5 million asset-based credit facility with a California-based Tire Company (“TireCo” or the “Company”). The two-year revolving credit facility was used to refinance existing debt and provide additional working...
Read Story
December 16, 2020, 09:00 AM
|
Siena Lending Group complted a $25 million asset-based revolving line of credit for Vault Pressure Control LLC (“Vault Pressure Control”). The facility was provided in conjunction with Pelican Energy Partners to fund the acquisition as well as for...
Read Story
December 04, 2020, 08:00 AM
|
Siena Lending Group LLC announces it has surpassed $1.0 billion in closed credit facilities with the completion of a $25.0 million asset-based revolving credit facility for an integrated packaging company headquartered in California.Dave Grende...
Read Story
February 20, 2020, 09:05 AM
|
Siena Lending Group LLC, an asset-based lending company, announced an increase in its senior credit facility with Wells Fargo Bank, N.A. to $312.5 million.Earlier this year, Siena announced their acquisition by Business Development Corporation of...
Read Story
November 06, 2019, 08:45 AM
|
Siena Lending Group LLC (Siena) announced the completion of a new asset-based revolving credit facility for Doodad Printing, LLC (“Doodad”). The proceeds will be used to repay existing debt and provide the business with additional working capital to...
Read Story
October 09, 2019, 08:45 AM
|
Siena Lending Group LLC closed a $17.7 million revolving line of credit and term loan for Greenfiber LLC. The facility was used to refinance Greenfiber’s existing senior debt and support the company's working capital needs.Greenfiber, headquartered...
Read Story
September 18, 2019, 08:35 AM
|
Siena Lending Group LLC announces the completion of a $14.6 million asset-based revolving line of credit and term loan for Innovative Hearth Products (“IHP”). The facility was used to refinance certain debt and to provide additional working capital...
Read Story
August 13, 2019, 07:55 AM
|
Siena Lending Group LLC (Siena) announces the completion of an $11.75 million secured credit facility comprised of a senior secured asset-based revolving line of credit and term loans for Nilco Enterprises, Inc. and Dial Lubricants, Inc. (Dial). ...
Read Story
August 01, 2019, 08:35 AM
|
Siena Lending Group LLC announced the closing of a three-year credit facility of up to $28 million for Coloredge, Inc. The credit facility includes an asset-based revolving line of credit along with an equipment term loan and capital expenditure...
Read Story
July 17, 2019, 08:00 AM
|
Siena Lending Group LLC announced the completion of a $10.0 million asset-based revolving line of credit and term loan for Southwest Spirits & Wine, LLC. The facility will be used to support the company’s working capital needs and continued...
Read Story
June 25, 2019, 08:40 AM
|
Siena Lending Group LLC completed a $3.0 million asset-based revolving credit facility for Community Eco Power, LLC (CEP). The facility was used to acquire assets from Covanta Energy, LLC and to support the company’s working capital...
Read Story
June 06, 2019, 08:40 AM
|
Siena Lending Group LLC announced that Suzanne Lovett has joined the firm as Director of Southwest Originations in Dallas, Texas. In her new role, Lovett will be responsible for originating, structuring, and funding asset-based financing solutions...
Read Story
May 09, 2019, 09:05 AM
|
Siena Lending Group LLC announced the completion of a $7.5 million revolving credit facility for Seitz LLC (Seitz). The facility was used to refinance Seitz’s existing senior debt and support their working capital needs. Siena’s facility was done in...
Read Story
May 08, 2019, 09:00 AM
|
Siena Lending Group LLC announced the completion of a $7.0 million asset-based revolving credit facility for Lime Crime, Inc. (Lime Crime). The facility will be used to support the company’s working capital needs and continued growth.Lime Crime...
Read Story
April 25, 2019, 08:50 AM
|
Siena Lending Group LLC (Siena), announced the completion of a three-year $10.0 million asset based revolving credit facility for Integrity Delaware, LLC dba Integrity Industries (Integrity) to provide additional working capital for the business as...
Read Story
April 18, 2019, 08:55 AM
|
Siena Lending Group LLC announced that Larry Swinney has joined the firm as Director of Southeast Originations in Atlanta, Georgia. In his new role, Swinney will be responsible for originating, structuring, and funding asset-based financing solutions...
Read Story
March 27, 2019, 09:05 AM
|
Siena Lending Group LLC (“Siena”) announced the completion of a three-year $5 million asset-based revolving credit facility for RTA Furniture Distributors, Inc. dba Just Cabinets Furniture & More (“JCF&M”) to refinance its existing senior debt and to...
Read Story
March 16, 2017, 07:59 AM
|
Siena Lending Group announced the completion of a $10 million credit facility for Geneva Watch Group, Inc. ("Geneva") to refinance their existing senior debt and to support their working capital needs. Headquartered in New York, NY, Geneva is a...
Read Story
January 13, 2017, 07:50 AM
|
Siena Lending Group announced the completion of a three-year $6.7 million credit facility for ITG Communications, LLC (“ITG”) to refinance their existing senior debt and to support their continued growth. The facility included a $5 million asset...
Read Story
March 08, 2016, 08:03 AM
|
Siena Lending Group LLC (“Siena”) announced the completion of a $4 million CAD revolving loan facility for East Fraser Fiber Co. Ltd. and Parallel Wood Products (“East Fraser”). The facility will be used to refinance East Fraser’s existing lender and...
Read Story
August 11, 2015, 07:45 AM
|
Siena Lending Group LLC (“Siena”) announced the completion of an $8.0 million revolving credit facility for Wayne Bailey, Inc. (“Wayne Bailey”). The facility will be used to support on-going working capital needs. Founded in 1935 and headquartered...
Read Story
March 17, 2015, 07:17 AM
|
Siena Lending Group announced the completion of a three-year $6 million senior secured credit facility for OL International Holdings LLC on November 14, 2014. The facility was used to fund a portion of the acquisition and will be used to support the...
Read Story
December 10, 2014, 07:42 AM
|
Siena Lending Group announced the completion of a three year, $5 million senior secured revolving credit facility for Organic Holdings (“Organic”). The facility was used to refinance Organic’s existing credit facility and will be used for working...
Read Story
December 04, 2014, 08:01 AM
|
Siena Lending Group announced the completion of a three year, $5 million senior secured revolving credit facility for Vibrant Health. The facility will be used for working capital needs as Vibrant Health continues on its strong path of growth....
Read Story
June 26, 2014, 07:23 AM
|
Siena Lending Group announced the completion of a three-year $7.5 million senior secured credit facility for Harper Industries, Inc. on November 8, 2013. The credit facility consists of a $6 million working capital revolver and a $1.5 million...
Read Story
November 20, 2013, 08:02 AM
|
Siena Lending Group announced the completion of a two-year $5 million senior secured revolving credit facility for Smooth Fitness on Sep. 23, 2013. The facility will be used to support the company’s working capital and growth plans. In addition, the...
Read Story
October 08, 2013, 07:14 AM
|