Direct Digital Holdings, a leading advertising and marketing technology platform operating through its companies Colossus Media, Huddled Masses and Orange142, entered into a $5 million revolving credit facility with East West Bank.In addition to the...
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July 14, 2023, 07:45 AM
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NewAge, a direct selling company with a primary focus on healthy products, entered into a new $12 million revolving line of credit agreement with East West Bank which matures in March 2024. NewAge used this facility to repay in full its existing...
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March 15, 2022, 07:53 AM
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Pasadena Private Finance closed on a $30,000,000 senior credit facility with East West Bank, the largest publicly traded bank headquartered in Southern California, with an expertise in lending to specialty finance companies.The Credit Facility has a...
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September 02, 2021, 07:40 AM
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Star Mountain Capital closed a $225 million asset-based leverage facility from top quality institutional investors led by ING Capital. The lending group consists of ING, CIT, TIAA Bank, Axos Bank, East West Bank, Georgia Banking Company and Customers...
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July 23, 2021, 08:00 AM
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On June 22, 2021, East West Bank, the Sole Administrative Agent, together with an existing lender group upsized the two-year revolving line of credit facility from $130 million to $180 million for Los Angeles-based broker dealer and investment firm...
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July 06, 2021, 07:50 AM
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On June 11, 2021, East West Bank, the Sole Arranger, Sole Bookrunner, and Administrative Agent, together with three other lenders, closed on a new umbrella capital call facility for several separately managed accounts managed by a leading global...
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June 24, 2021, 07:29 AM
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Journey Medical Corporation entered into an agreement with East West Bank in which EWB will provide a $7.5 million working capital line of credit.The line of credit is secured by Journey Medical’s receivables and cash. Interest on the line is the...
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April 05, 2021, 08:09 AM
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Drip Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announced a $40 million committed credit facility for the expansion of Drip's trade finance solutions to small and medium-sized businesses (SMBs)."Drip...
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March 26, 2021, 08:00 AM
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On December 4, 2020, East West Bank and three participating lenders closed on an $80 million revolving credit facility for Madison Resource Funding, LLC (“Madison”), a financing and process outsourcing service provider to the staffing industry....
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December 10, 2020, 08:00 AM
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On December 2, 2020, East West Bank and one participating lender closed on $90 million of new senior secured credit facilities, consisting of an asset-based revolver and term loan, for Alpha Industries Management, Inc. (“Alpha Industries”), a leading...
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December 03, 2020, 07:14 AM
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East West Bank and one participating lender closed on an $80 million capital call line of credit for Star Mountain Diversified Credit Income Fund III, LP (“SM3”), a fund that invests in small and medium-sized private businesses in the United States....
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July 31, 2020, 08:05 AM
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East West Bank and four participating lenders closed on a 2-year $130 million senior unsecured revolving line of credit for Los Angeles-based broker dealer and investment firm Wedbush Securities Inc.The new facility refinances an existing $85 million...
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June 30, 2020, 08:29 AM
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East West Bank served as Lead Arranger and Administrative Agent for a three- year, $90 million senior secured credit facility, consisting of a i) $65 million asset based revolving line of credit, and ii) $25 million cash-flow term loan. The...
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November 15, 2019, 08:40 AM
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Lendistry, a community development financial institution (CDFI), has obtained a credit facility worth $50 million from East West Bancorp (EWBC).“Lendistry is a remarkable finance company that utilizes technology in providing much-needed capital to...
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October 25, 2019, 08:10 AM
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MMA Capital Holdings, Inc. announced that its indirect wholly-owned subsidiary, MMA Energy Holdings, LLC ("MEH"), entered into a secured revolving credit facility with the lenders party thereto and East West Bank (EWB), as administrative and...
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September 23, 2019, 08:45 AM
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Cinedigm Corp. announced that it entered into a credit facility with East West Bank consisting of a maximum of $19 million in revolving loans at any one time outstanding having a maturity date of March 31, 2020 which may be extended for two...
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April 03, 2018, 07:18 AM
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East West Bank announced that it served as Lead Bank and Administrative Agent for a three-year, $50 million fully conforming ABL revolving line of credit. iGPS Logistics LLC used the facility to refinance its previously existing debt and fund the...
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November 03, 2017, 07:16 AM
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Goodnight Midstream, LLC, the professional fluids management company, announced the closing of a $105 million syndicated revolving loan. The Company also announces the grand opening of two new saltwater disposal (SWD) facilities in the Bakken of...
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December 02, 2016, 07:17 AM
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Jericho Oil Corporation announced that, in conjunction with its private family partner, it has entered into a $30 million senior secured revolving credit facility (the "Facility") with East West Bancorp as the sole arranger. The initial borrowing...
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August 03, 2016, 07:36 AM
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Breakwater Investment Management, LLC announced the recent closing of a credit facility for its direct lending vehicle, the Breakwater Credit Opportunities Fund, L.P. (“BCOF”). The credit facility is being provided by East West Bank, a wholly-owned...
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May 26, 2016, 07:36 AM
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The Trade Desk, Inc., a global technology platform for buyers of advertising, announced details today regarding a $125 million revolving credit facility secured through a lending syndicate led by Citibank, N.A. The transaction closed at the end of...
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May 10, 2016, 07:56 AM
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City National Bank announced that it has hired John Hall to serve as senior vice president and division credit manager of the company’s Commercial Banking Services unit.“John has demonstrated strong leadership in past critical roles with several...
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January 28, 2016, 07:26 AM
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Strategic Funding Source, Inc., a provider of direct financing to small and midsize businesses, announced that it has closed on a $90 million revolving credit facility. Led by CapitalSource, a division of Pacific Western Bank, the loan agreement...
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July 16, 2015, 07:54 AM
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The VMC Group (“VMC”), a world leader in innovative shock, seismic, vibration and engineering services, today announced a $32 million minority recapitalization for purposes of refinancing its existing senior and junior debt, and preferred equity...
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May 26, 2015, 07:19 AM
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Ultra Clean Holdings, Inc., a leading developer and supplier of critical systems and subsystems for the semiconductor capital equipment, flat panel, medical, energy and research industries, today announced that it has signed a purchase agreement with...
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February 09, 2015, 07:39 AM
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CareDx, Inc., a molecular diagnostics company focused on the development and commercialization of clinically differentiated, high value, non-invasive surveillance solutions for transplant recipients, today announced that it has entered into a secured...
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February 04, 2015, 07:33 AM
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USGI Medical, Inc., a company pioneering incisionless procedures for weight loss, announced the closing of over $19.5 million in financing, bringing the total raised in the last year to $36 million in equity and debt. Existing investors contributed...
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January 27, 2015, 07:15 AM
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Bridge Capital Holdings, the parent of Bridge Bank, announced that it has expanded its Southern California presence by adding several professional business bankers to the team.With this expansion, Bridge Bank's Southern California office offers a...
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October 03, 2014, 07:16 AM
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Opus Bank announced that Thomas A. Hill has joined Opus as Senior Managing Director, Commercial Business Banking – Los Angeles. Hill, a 20-year banking and finance veteran, is responsible for expanding Opus’ commercial and corporate client base, as...
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September 25, 2014, 07:08 AM
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Gladstone Investment Corporation announced that on Sep. 19, it increased its borrowing capacity on its line of credit by $80 million to $185 million in aggregate with the addition of four new lenders. Through its wholly-owned subsidiary, Gladstone...
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September 23, 2014, 07:29 AM
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CAS Medical Systems, Inc., a leader in medical devices for non-invasive patient monitoring, announced that on Friday, June 27, 2014, the Company entered into a Loan and Security Agreement (the "Loan Agreement") with General Electric Capital...
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July 01, 2014, 07:19 AM
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GTT announced that it has completed an expanded syndication of its senior credit facilities. GTT increased its revolving line-of-credit to $7.5 million from $5 million and the total amount of this financing to $72.5 million, increasing capital...
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October 10, 2013, 08:02 AM
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