Eclipse Business Capital (EBC) provided a $28.5 million senior secured credit facility to support the acquisition of a flooring products distributor. The transaction included a $25 million revolving line of credit and a $3.5 million machinery &...
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January 26, 2023, 07:05 AM
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Accord Financial Corp. announced the closing of a $13 million credit facility to support the acquisition of an equipment services company. Accord’s Asset Based Lending Group structured the facility to include a traditional revolving credit package...
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December 21, 2022, 07:18 AM
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Mike Colloton, Vice President II – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a closed and funded $9.2 million revolving line of credit, equipment term loan and structured overadvance...
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December 20, 2022, 07:00 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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Big Shoulders Capital provided a $1,500,000 equipment term loan to a Utah-based resort developer. The loan was secured by the developer’s fleet of construction equipment. The developer is building a luxury community on 5,000 acres outside of Park...
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January 18, 2022, 07:00 AM
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UMB Capital Finance continues to fund millions in senior debt capital needs with the recent closings of four asset-based credit facilities. These new secured lines with commitments in excess of $71.8 million provide further financing resources to...
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September 17, 2020, 07:00 AM
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UMB Capital Finance continues to fund millions in senior debt capital needs with the recent closings of four asset-based credit facilities. These new secured lines with commitments in excess of $21.3 million provide further financing resources to an...
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May 07, 2020, 07:10 AM
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North Mill Capital announced the funding of a $7 million asset-based revolving line of credit and a $1,575,000 equipment term loan facility to Aerospace Manufacturing Group, Inc. The proceeds were used for acquisition financing and working...
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September 16, 2019, 07:20 AM
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Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6.1 million credit facility including a revolving line of credit, equipment term loan and a real estate term loan for a commercial door manufacturer...
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August 12, 2019, 07:15 AM
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Chicago-based lender, Loeb Term Solutions announced the graduation of a Midwest Gear Manufacturer after having provided an equipment term loan back in early 2017 to help with the acquisition of the company. The company, a manufacturer of gears used...
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October 12, 2018, 07:10 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 Equipment Finance announced it has provided an $11 million equipment term loan to a private equity-backed oilfield services company. The facility is being used to refinance certain existing debt and to fund new equipment purchases.Launched in...
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April 25, 2018, 07:15 AM
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TAB Bank announced the funding of two trucking companies in the Western United States. The first transaction was closed with a trucking company in Idaho. TAB has provided them with a $1 million line of credit based on accounts receivable. In...
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April 03, 2015, 07:03 AM
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