Blue Bird Corporation, the leader in electric and low-emission school buses, announced that on Nov. 17, 2023 the Company completed the refinancing of its credit facilities and entered into a new five-year credit agreement with a syndicate of...
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November 21, 2023, 07:05 AM
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AP Equipment Financing announced the finalization of a $200 million credit facility from Wells Fargo. This strategic financial move comes as AP Equipment Financing is set to capitalize on increasing demand from customers and dealer partners alike.As...
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September 15, 2023, 07:15 AM
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First Citizens Bank announced CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management, LLC, provided a $55 million revolving credit facility to National CineMedia LLC to support their emergence from Chapter 11...
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September 08, 2023, 07:00 AM
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Encina Lender Finance, LLC (ELF) announced the closing of an inaugural senior credit facility for Great Elm Healthcare Finance, LLC (GEHF).Headquartered in Nashville, TN, GEHF provides healthcare operators with financing for working capital...
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August 24, 2023, 07:15 AM
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Citizens provided an asset-backed credit facility to the Belknap White Group to refinance existing debt, provide funds to acquire the assets of Swiff-Train Corporation and support future growth. The new facility consolidates two separate facilities...
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May 18, 2023, 07:00 AM
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Wingspire Equipment Finance, a provider of equipment finance solutions, announced the closing of a new $195 million credit facility to further expand its direct funding capabilities. The facility was agented by Texas Capital Bank, and Wells Fargo and...
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May 05, 2023, 07:10 AM
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Channel announced the company has entered into a new credit facility with Truist. The $75 million commitment provides financing for both working capital and equipment finance originations, and reflects the scale and capacity growth that Channel...
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April 25, 2023, 07:23 AM
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36th Street Capital announced it recently extended and upsized its senior secured revolving credit facility to $280 million, an increase of $110 million. The credit facility includes six lenders and is led by Capital One, N.A. as agent.“We are very...
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April 18, 2023, 07:25 AM
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Gridium, a decarbonization partner to leading real estate firms, announced total funding of over $14 million from investors who see the potential to decarbonize commercial buildings. Lead investor Navitas Capital joined other luminaries from the...
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February 27, 2023, 07:00 AM
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Encina Lender Finance, LLC (ELF) announced the closing of a $50 million senior secured credit facility for Mountain Ridge Capital, an asset-based commercial finance company backed by Arena Investors, LP.Ed Chang, CEO of ELF, said, “We are proud to...
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February 14, 2023, 07:20 AM
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Regents Capital Corporation, a provider of equipment leasing and financing solutions to middle-market borrowers, announced it has entered into a $100 million three-year revolving credit facility with Bank OZK, a regional bank based in Little Rock, AR...
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October 10, 2022, 07:22 AM
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CIT, a division of First Citizens Bank, announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as agent on a $40 million revolving credit facility provided to Biery Cheese. The credit facility refinances Biery Cheese's...
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October 05, 2022, 07:10 AM
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North American Construction Group Ltd. (NACG) announced it has finalized an extension and amendment of its senior secured credit facility. The facility maturity date has been extended by one year with a new maturity date of Oct. 8, 2025. In addition...
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September 21, 2022, 07:10 AM
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Michael Doyle, Vice President II – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $5.5 million revolving line of credit and equipment term loan for a contract...
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September 20, 2022, 07:07 AM
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TimePayment, an award-winning fintech company and provider of sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its...
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August 31, 2022, 07:21 AM
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XS Financial Inc., a specialty finance company providing CAPEX and equipment financing solutions to cannabis companies in the United States, announced it has entered into a new $24 million line of credit (Credit Facility) with Needham Bank committing...
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August 19, 2022, 07:12 AM
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Clarus Capital announced it has completed a new $20 million credit facility for a regional airline.Clarus’ transaction team was led by Matt Worman. “We are delighted to have partnered with our client to provide a constructive, tailored financing...
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April 18, 2022, 07:19 AM
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Pitney Bowes Inc., a global shipping and mailing company that provides technology, logistics and financial services, announced it has signed a new credit facility for Medgluv, Inc. of Coral Springs, FL. Medgluv, a manufacturer and distributor of...
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April 14, 2022, 07:14 AM
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National Funding, Inc., a specialty finance companies serving small- and medium-sized businesses, announced the recent renewal and upsize of a $100 million senior secured warehouse line of credit. The upsize includes an accordion to expand to $125...
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March 17, 2022, 07:10 AM
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Encina Lender Finance, LLC (ELF) and Georgia Banking Company (GBC) announced they have provided a $40 million senior credit facility to Microf LLC (Microf), a provider of rent-to-own and lease-purchase solutions for residential HVAC systems. The...
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February 14, 2022, 07:12 AM
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Trinity Capital Inc., a specialty lending company that provides debt, including loans and equipment financing, to growth stage companies backed by technology banks, venture capital and private equity firms, announced it has entered into a new $300...
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November 02, 2021, 07:22 AM
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Bridge Bank announced it has increased the credit facility provided last year to YES Leasing, a Miami, FL-based commercial equipment leasing company specializing in funding business owners with challenged credit. The increased credit facility will...
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October 27, 2021, 07:00 AM
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Stonebriar Commercial Finance announced the closing of a seven-year, $325 million term loan credit facility with Overseas Shipholding Group, Inc. (OSG), a leading provider of energy transportation services for crude oil and petroleum products in the...
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October 25, 2021, 07:22 AM
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Encina Lender Finance, LLC (ELF) announced it has provided an inaugural senior credit facility to Urban Us Capital, LLC, a venture capital platform providing both structured equity and debt investments engaged in origination and servicing of...
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October 20, 2021, 07:16 AM
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National Funding announced the recent renewal and upsize of a $60.0 million senior secured warehouse line of credit. The facility, which includes an accordion to expand to $75.0 million, was provided by a prominent U.S.-based commercial bank. The...
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October 13, 2021, 07:08 AM
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Saratoga Investment Corp., a business development company, announced its wholly owned subsidiary, Saratoga Investment Funding II LLC (SIF II), an entity formed for purposes of entering into this financing arrangement, closed a new $50.0 million...
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October 07, 2021, 07:09 AM
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Capital One announced it has served as administrative agent for a $1.2 billion senior secured asset-based revolving line of credit for EquipmentShare, a full-service equipment rental supplier for the construction industry. The revolver has a $800...
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September 02, 2021, 07:17 AM
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Stonebriar Commercial Finance, a large-ticket independent diversified commercial finance and leasing company, announced it has extended its $1 billion revolving warehouse credit facility for another two years.The facility, which serves as one of...
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July 29, 2021, 07:18 AM
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Stonebriar Commercial Finance announced the closing of a new $200 million, three-year committed unsecured revolving credit facility (RCF) as the company continues to diversify funding sources and increase financial flexibility. The RCF will...
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June 24, 2021, 07:20 AM
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XS Financial Inc., a specialty finance company providing scalable equipment leasing solutions to cannabis and hemp companies in the United States, announced it has entered into a lease agreement with Columbia Care, one of the largest and most...
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December 04, 2020, 07:15 AM
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XS Financial Inc., a specialty finance company providing equipment leasing solutions to cannabis and hemp companies in the United States, announced it has successfully closed a $2 million senior secured revolving credit facility, with an FDIC insured...
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November 30, 2020, 07:05 AM
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Ritchie Bros. Auctioneers Incorporated announced the closing of an amendment and extension of its credit agreement totaling $630 million with a syndicate of lenders comprising: multicurrency revolving facilities of up to $530 million and a...
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August 18, 2020, 07:00 AM
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North Star Leasing Company announced that People's United Bank, N.A, a subsidiary of People's United Financial, Inc., Commercial Banking division has acted as Lead Arranger to provide the company with a four-year, $80 million expandable Senior...
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June 10, 2020, 07:20 AM
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Bridge Bank announced it has extended a credit facility to YES Leasing, a financial services company that provides commercial equipment financing to companies and lessees of all credit backgrounds, specializing in helping those with challenging...
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May 29, 2020, 07:20 AM
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Encina Equipment Finance (EEF) announced it has upsized its senior credit facility to $330 million in total commitments in support of continued portfolio growth. The additional capacity was provided by six existing lenders that increased their...
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March 18, 2020, 07:20 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $10 million senior secured credit facility to a leading provider of oilfield equipment and services. The facility consists of a revolving line of credit based on accounts receivable. Loan...
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December 30, 2019, 07:25 AM
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CIT Group Inc. announced its Aerospace, Defense and Government Services business served as administrative agent, security agent and lead lender on an $80 million senior secured revolving credit facility for AerFin Holdings.Founded in 2010, AerFin is...
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November 06, 2019, 07:10 AM
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Dext Capital announced it has closed a facility with Credit Suisse to provide warehouse financing for commercial equipment loans and leases. The new facility increases the company's borrowing capacity by $200 million and helps to support its...
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October 28, 2019, 07:20 AM
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Stonebriar Commercial Finance, an independent large-ticket commercial finance company, announced it has extended and amended certain terms of its existing $1.0 billion revolving credit facility. Bank of America, N.A. serves as agent on the Facility...
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August 14, 2019, 07:30 AM
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AloStar Capital Finance successfully agented and closed a $30 million credit facility to BlackRiver Business Capital (doing business as ACG Equipment Finance), an equipment finance company focused on the small-to-mid-ticket market from $10,000 to...
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July 31, 2019, 07:20 AM
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CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as collateral and administrative agent and lead lender on a $100 million senior secured credit facility for Hornbeck Offshore Services...
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July 31, 2019, 07:00 AM
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Encina Equipment Finance (EEF) announced it has upsized its senior credit facility to $250 million in total commitments. The facility now includes nine institutions, with four new institutions coming into the syndicate and three existing lenders...
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July 24, 2019, 07:20 AM
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Aviation Capital Group LLC (ACG), a leading aircraft operating lessor, announced the upsize, amendment and extension of its five-year unsecured revolving credit facility with JPMorgan Chase Bank, N.A., as administrative agent, and the lenders named...
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June 10, 2019, 07:10 AM
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36th Street Capital Partners, LLC announced it has expanded its three-year, senior secured revolving credit facility to $125 million, an increase of $25 million.Bridgeport, CT-based People’s United Bank has joined the existing syndicate for the...
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June 04, 2019, 07:25 AM
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Bryant Park Capital (BPC), a leading middle market investment bank with a focus in the specialty finance industry, announced NLS Equipment Finance LLC recently closed a $20 million senior secured credit facility with an alternative lender to the...
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May 17, 2019, 07:20 AM
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Proterra, an innovator in heavy-duty electric transportation, announced a partnership with Mitsui & Co., Ltd. to create a $200 million credit facility in support of a battery lease program.Mitsui, a leading Japanese investment and trading company...
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April 19, 2019, 07:28 AM
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OnDeck announced extensions to its existing credit facilities with Credit Suisse and Deutsche Bank on improved terms. The amended facilities provide an aggregate of $360 million of committed funding capacity and are available to finance OnDeck's term...
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March 13, 2019, 07:21 AM
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CIT Group Inc. announced CIT Northbridge Credit, through its investment advisor CIT Asset Management LLC, served as sole lead arranger on a $24 million senior secured credit facility for Pocono ProFoods, a foodservice distributor in the Northeast and...
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February 14, 2019, 07:05 AM
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OnDeck announced the closing of an $85 million corporate revolving credit facility with a lender group consisting of four banks. The new committed facility can be used for general corporate purposes and replaces OnDeck's prior $30 million corporate...
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February 07, 2019, 07:26 AM
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36th Street Capital announced it has expanded its three-year, expandable senior secured revolving credit facility to $100 million, an increase of $25 million.Los Angeles-based City National Bank has agreed to participate in the syndicate, which is...
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February 04, 2019, 07:25 AM
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Chorus Aviation Inc. announced its wholly owned subsidiary, Chorus Aviation Capital (Ireland) Limited, has secured a $300 million committed, revolving credit facility to be used to finance future aircraft acquisitions for its regional aircraft...
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February 01, 2019, 06:30 AM
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TimePayment announced the expansion of its revolving credit facility to $385 million inclusive of a $50 million accordion. TimePayment is committed to continually improving program flexibility and value to its vendors and partners. With this...
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January 31, 2019, 07:15 AM
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People's United Bank, N.A., a subsidiary of People's United Financial, Inc., announced its Commercial Banking division closed on an amendment and extension of an existing $135 million syndicated credit facility for NFS Leasing, Inc., a Boston-based...
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January 08, 2019, 07:20 AM
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CIT Group Inc. announced 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, Circle 8 Crane Services is a...
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January 08, 2019, 07:19 AM
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Encina Equipment Finance and Encina Business Credit jointly announced they have provided a $35 million senior secured credit facility to a medium- and long-haul trucking company. The financing, which is comprised of a revolving line of credit, a term...
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October 18, 2018, 07:20 AM
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CIT Group Inc. announced its Healthcare Finance business served as administrative agent and lead arranger for $115 million first lien credit facility and sole lead arranger for a $29 million second lien credit facility on behalf of Bristol Hospice...
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September 14, 2018, 07:10 AM
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Capital One announced it has renewed and upsized the three-year, expandable senior secured revolving credit facility it originally provided 36th Street Capital Partners in June 2017. The revolver is now $75 million—an increase of $25 million.“We are...
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August 15, 2018, 07:29 AM
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Tiger Rental Group, LLC has refinanced its $160 million credit facilities, consisting of a $100 million senior first lien term loan with Orion Energy Partners, L.P. and a $60 million working capital revolving credit facility with JPMorgan Chase Bank...
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August 13, 2018, 07:10 AM
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CIT Group Inc. announced 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, 07:20 AM
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Accord Financial Corp. announced it has signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The three-year agreement was arranged by The Bank of Nova Scotia, acting as administrative agent, sole...
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August 02, 2018, 07:15 AM
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LendingPoint announced it closed an increase of its mezzanine financing, bringing the total of the facility to $52.5 million.Paragon Outcomes Management LLC provided the financing that closed last month. Paragon and LendingPoint have been building...
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July 02, 2018, 07:03 AM
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Stonebriar Commercial Finance announced the closing of a new $500 million revolving credit facility. The facility will provide Stonebriar with committed, multi-year funding for each of its four business platforms: General Equipment, Rail Leasing...
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June 26, 2018, 07:30 AM
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Amerisource Business Capital announced the closing and funding of a $1 million credit facility for an oilfield tools and equipment company in Texas. Proceeds of the facility were used to support business growth.“The company was referred to...
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June 25, 2018, 07:00 AM
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Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a pipe cutting and onsite assembly company in Texas. Proceeds of the facility were used to support continued business growth.“The company’s banker...
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June 18, 2018, 07:05 AM
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Peter Lowney, President, announced First Business Capital Corp. recently closed and funded a $3.4 million credit facility including a revolving line of credit and equipment term loan for a private-equity-backed transportation and storage business in...
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June 12, 2018, 07:15 AM
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Encina Business Credit, LLC (EBC) announced it has provided a $20 million asset-based revolving credit facility to Heritage Travelware, Ltd. Based in Elgin, Ill., Heritage is a designer and distributor in the business case, luggage and travel goods...
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June 08, 2018, 07:00 AM
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Channel Partners Capital announced two significant developments to support the company’s growth initiatives. Channel has closed a significant equity investment from funds advised by Elliott Management Corporation, a multi-strategy private investment...
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May 30, 2018, 07:25 AM
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CIT Group Inc. announced CIT Northbridge Credit, its joint venture financing unit, served as sole lead arranger on a $20 million senior secured revolving and term loan credit facility for Greene’s Energy Group, LLC.Greene’s Energy Group, which has...
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May 25, 2018, 07:20 AM
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TAB Bank announced it has provided a $300,000 revolving credit facility for a trucking equipment company located in Ohio. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The...
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May 24, 2018, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it provided a new $11,575,000 senior credit facility to Wichita, Kansas-based 3P Processing, Inc. MB’s credit facility was used to fund the acquisition of 3P by Spell Capital...
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May 21, 2018, 07:00 AM
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CIT Group Inc. announced its CIT Northbridge Credit joint venture served as sole lead arranger on a $30 million revolving credit facility for Alliance Time Holdings.With headquarters in Manhattan, Alliance Time Holdings is a highly data-driven global...
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May 16, 2018, 07:20 AM
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Santander Bank N.A. announced it has closed a $38.5 million senior secured equipment and revolving line of credit with Cold Carriers, a refrigerated transportation company, to support its growing equipment and working capital needs. “At Santander, we...
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March 20, 2018, 07:25 AM
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Truett-Hurst, Inc. announced that it renewed its credit facilities with its lender Bank of the West. The renewal provides maintains the $10 million revolving commitment and provides an additional $500 thousand of available credit for equipment...
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August 01, 2016, 07:05 AM
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CIT Group announced that CIT Maritime Finance provided a $95.2 million senior secured credit facility to Heron Ventures, a joint venture between Oceanbulk Shipping and ABY Group Holding. The facility supports the purchase of a fleet of 12 drybulk...
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April 16, 2014, 07:05 AM
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TAB Bank announced it has provided a $3 million senior credit facility through a multi-year agreement for InterMetro Communications, Inc. of Simi Valley, CA.InterMetro Communications is a leading facilities-based IP communications provider of...
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October 17, 2012, 07:43 AM
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