FREE SUBSCRIPTION Includes: The Advisor Daily eBlast + Exclusive Content + Professional Network Membership: JOIN NOW LOGIN
Skip Navigation LinksHome / ...

Equipment Finance Advisor Search Results

News Stories (44 Results) - Credit Facility

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... Read Story
August 18, 2020, 07:00 AM


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... Read Story
June 10, 2020, 07:20 AM


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... Read Story
May 29, 2020, 07:20 AM


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... Read Story
March 18, 2020, 07:20 AM


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... Read Story
December 30, 2019, 07:25 AM


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... Read Story
November 06, 2019, 07:10 AM


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... Read Story
October 28, 2019, 07:20 AM


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... Read Story
August 14, 2019, 07:30 AM


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... Read Story
July 31, 2019, 07:20 AM


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... Read Story
July 31, 2019, 07:00 AM


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... Read Story
July 24, 2019, 07:20 AM


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... Read Story
June 10, 2019, 07:10 AM


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... Read Story
June 04, 2019, 07:25 AM


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... Read Story
May 17, 2019, 07:20 AM


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... Read Story
April 19, 2019, 07:28 AM


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... Read Story
March 13, 2019, 07:21 AM


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... Read Story
February 14, 2019, 07:05 AM


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... Read Story
February 07, 2019, 07:26 AM


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... Read Story
February 04, 2019, 07:25 AM


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... Read Story
February 01, 2019, 06:30 AM


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... Read Story
January 31, 2019, 07:15 AM


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... Read Story
January 08, 2019, 07:20 AM


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... Read Story
January 08, 2019, 07:19 AM


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... Read Story
October 18, 2018, 07:20 AM


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... Read Story
September 14, 2018, 07:10 AM


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... Read Story
August 15, 2018, 07:29 AM


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... Read Story
August 13, 2018, 07:10 AM


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... Read Story
August 03, 2018, 07:20 AM


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... Read Story
August 02, 2018, 07:15 AM


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... Read Story
July 02, 2018, 07:03 AM


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... Read Story
June 26, 2018, 07:30 AM


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... Read Story
June 25, 2018, 07:00 AM


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... Read Story
June 18, 2018, 07:05 AM


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... Read Story
June 12, 2018, 07:15 AM


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... Read Story
June 08, 2018, 07:00 AM


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... Read Story
May 30, 2018, 07:25 AM


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... Read Story
May 25, 2018, 07:20 AM


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... Read Story
May 24, 2018, 07:00 AM


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... Read Story
May 21, 2018, 07:00 AM


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... Read Story
May 16, 2018, 07:20 AM


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... Read Story
March 20, 2018, 07:25 AM


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... Read Story
August 01, 2016, 07:05 AM


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... Read Story
April 16, 2014, 07:05 AM


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... Read Story
October 17, 2012, 07:43 AM