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Phoenix Lending Survey Results Shows Positive Long Term Economy Outlook
From the second quarter Phoenix Management “Lending Climate in America” Survey, results shows a positive long term economy outlook with lenders becoming more optimistic about the U.S. economy in the next 6-12 months.The 2Q 2016 survey results reversed the previous quarter’s results of a higher near...
GM Announces $14.5 Billion Revolving Credit Facility
General Motors Co. announced the execution of an unsecured $14.5 billion revolving credit facility consisting of a $10.5 billion five-year facility and a $4.0 billion three-year facility.  The facility amends and extends GM's existing $12.5 billion revolving credit facility."We believe this larger...
CIT Provides $35MM Financing to The Bascom Group and Oaktree
CIT Group Inc. announced that CIT Real Estate Finance provided a $35 million senior secured mortgage loan to a special purpose entity controlled by The Bascom Group, an owner/operator of multifamily properties, and funds managed by Oaktree Capital Management, L.P., a global investment manager...
Silicon Valley Bank Provides $6MM Credit Facility to Xtant
Xtant Medical Holdings announced the completion of an accounts receivable revolver credit facility with Silicon Valley Bank to provide up to $6 million in funds to the company.Dan Goldberger, Chief Executive Officer, commented, "We are extremely pleased to announce this new credit facility, which...
Improve Portfolio Management – Invest in Your Back Office
Barrett D. Carlson
The back office used to be viewed as sheer expense … IT, accounting, HR, risk management and compliance. Barrett Carlson...
5/18/2016 Topic: Portfolio Management
Many factors and asset-based lenders are now experiencing historic...
Entrepreneurs need to know that when a deal sounds too good to be true, it...
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