BAMFi, a provider of fintech solutions headquartered in Atlanta, GA, has closed a private placement of $30.0 million of second lien debt financing from Solar Capital Partners, LLC and its affiliates.BAMFi provides small and medium sized businesses...
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March 07, 2019, 08:00 AM
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Fintech TimePayment announced the expansion of its revolving credit facility to $385 million inclusive of a $50 million accordion with its syndicate of lenders. TimePayment is committed to continually improving program flexibility and value to its...
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January 31, 2019, 08:00 AM
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Capify, an alternative small business finance provider in the UK and Australia, has secured a £75 million (approx. $95 million USD) credit facility from Goldman Sachs Private Capital (Goldman Sachs) to support its future growth plans and provide...
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January 16, 2019, 09:00 AM
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Jernigan Capital, Inc. announced that on December 28, 2018, it entered into an amended and restated senior secured revolving credit facility of up to $235 million with a syndicate of banks led by KeyBank National Association, Raymond James Bank, N.A....
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January 02, 2019, 09:01 AM
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Kashable, a leading alternative consumer lending solution, announced that it has secured a $100 million credit facility from MidCap Financial, a premier specialty finance firm managed by Apollo Capital Management, L.P. focused on delivering flexible...
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October 17, 2018, 08:01 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $2.25 million credit facility to new client Paro, a leading, on-demand financial services platform. Proceeds from the facility will support continued growth...
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September 26, 2018, 08:00 AM
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RDM Capital Funding, LLC, a technology enabled specialty finance company, announced that it has entered into a new $7.5 Million credit facility with Drift Credit Opportunities Fund, LP, an affiliate of Charleston Capital Management, LLC.
This is the...
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September 14, 2018, 07:59 AM
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Terra Firma Capital Corporation announced the closing of a U.S. credit facility totaling $20 million with Texas Capital Bank.Terra Firma has formed a new U.S. wholly owned subsidiary, TFCC USA LLC with the purpose of holding U.S. loans and...
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August 21, 2018, 08:01 AM
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Renasant Business Credit announced that it recently closed a term loan for an existing ABL client. The name of the client was not revealed.
“I am very pleased we were able to assist our client with this refinancing project,” said Mike Knuckles, the...
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August 02, 2018, 08:00 AM
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OnDeck®, a provider of online lending for small business, announced the closing of an AUD75 million asset-backed revolving credit facility with Credit Suisse, and the closing of a CAD50 million asset-backed revolving credit facility with Crédit...
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July 18, 2018, 08:01 AM
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TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation, announced that it provided secured financing to support Corridor Capital’s investment in SPM Marketing & Communications.Headquartered in LaGrange...
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June 15, 2018, 08:00 AM
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Breakout Capital, a technology-enabled small business lender, announced the launch of a new, $15 million credit facility with a fund managed by Medalist Partners. The new facility will enable Breakout Capital to continue the rapid expansion of its...
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June 01, 2018, 08:00 AM
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BFS Capital, a small business financing platform, announced it is has received a new $175 million revolving credit line provided by funds managed by Ares Management, L.P. BFS Capital will use the new facility to accelerate the growth of its lending...
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February 21, 2018, 08:01 AM
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Capital Southwest Corporation, a middle-market lending firm focused on supporting the acquisition and growth of middle market businesses, announced that it has completed an investment in Capital Pawn Holdings, LLC, a portfolio company of The Capital...
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January 15, 2018, 08:00 AM
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OnDeck®, a provider of online lending for small business, announced that a fund managed by an investment advisor subsidiary of BlackRock has joined OnDeck's platform of financing partners as another committed source of capital to fund small business...
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January 02, 2018, 07:00 AM
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i2B Capital, a provider of senior secured loans to niche-market financial entrepreneurs, announced the increase of an original $4 million asset-based revolving line of credit with CFG Merchant Solutions (CFGMS) to $ 8 million on their one year...
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November 28, 2017, 08:00 AM
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Lendified, a Toronto, Canada-based online lender for small businesses, entered into a $60 million credit facility agreement with ClearFlow Commercial Finance.The financing will increase the company’s capacity to fund loans delivered through the...
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October 30, 2017, 08:00 AM
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Mogo Finance Technology Inc., a Canadian digital finance company, announced that it has finalized a new senior secured credit facility of up to $40 million from funds managed by affiliates of Fortress Investment Group LLC. The new credit facility...
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September 26, 2017, 08:00 AM
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Freedom Boat Club, the world’s largest and oldest members-only boat club, has selected Northpoint Commercial Finance as its provider for a new, specially designed install and pay finance program for its franchise network. As a franchise club...
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September 25, 2017, 08:00 AM
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Renovate America, a San Diego, CA-based U.S. provider of home-improvement financing, closed a $40 million credit facility.ING Capital LLC provided the multi-year financing.The company intends to use the funds for the continued expansion of HERO, the...
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August 31, 2017, 08:01 AM
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PeerIQ, a leading provider of data and analytics for the lending sector, announced that it has closed a $12 million Series A funding round, co-led by TransUnion, Hearst’s Financial Venture Fund and Macquarie Group, along with existing investors...
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August 02, 2017, 08:00 AM
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Veritas Financial Partners announced the closing of a $25MM credit facility for BSD Capital, LLC, a Bloomfield Hills, Michigan based investment manager. The credit facility expands BSD Capital’s capacity to provide access to capital to a variety of...
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July 27, 2017, 08:01 AM
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Axis Auto Finance Inc. announced the closing of a new $40 million senior secured debt facility with Royal Capital Management Corp.
The credit cacility has a 2 year term and bears interest at prime rate plus 7.5%. Amounts drawn under the credit...
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March 28, 2017, 08:00 AM
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Newtek Business Services Corp., an internally managed business development company (BDC), announced that its subsidiary Newtek Small Business Finance, LLC (NSBF) signed a letter of intent to increase its existing revolving credit facility through...
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January 18, 2017, 08:12 AM
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In an effort to help fellow finance companies secure new clients and opportunities, Hitachi Business Finance recently provided asset-based lines of credit to three fellow lenders through its successful Lender Finance program. Lender Finance offers...
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April 08, 2015, 07:28 AM
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Business Financial Services, Inc., a specialty finance company since 2002, announced a new $82 million credit facility provided by Wells Fargo Capital Finance. The new credit line, which replaces a smaller facility with another lender, bolsters the...
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April 25, 2013, 07:44 AM
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Consumer Portfolio Services, Inc. ("CPS" or the "Company") announced it renewed its $100 million revolving credit facility with affiliates of Goldman, Sachs & Co. and Fortress Investment Group. Under the amended terms, the facility will revolve...
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March 07, 2013, 07:00 AM
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