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Capital One, Others Join Lending Group to Expand CAN’s Credit Line to $460MM
Capital Access Network, Inc. (CAN) has added $165 million to its line of credit from a syndicate of premier financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar. These banks join Wells Fargo Capital Finance LLC, Goldman Sachs, Brown Brothers...
Ahern Rentals Secures $415 Million Bankruptcy Exit Loan
Law360 reported Ahern Rentals Inc. has asked a Nevada bankruptcy judge to sign off on a $415 million financing package from Jeffries Finance LLC that it plans to use to fund its Chapter 11 exit.According to the report, the equipment rental company said the fee and engagement letters for the Jeffries...
5/22/2013
Bankruptcy
Wells Fargo Commercial Banking Names Vargo as BDO in Chicago
As it keeps pace with increasing demand in Illinois and throughout the Midwest, Wells Fargo announced that James K. Vargo – a business leader here for more than 25 years – has joined its growing Commercial Banking team in Chicago. In his new role as senior vice president and business development...
Revel Emerges From Chapter 11 With $350MM in Exit Financing, Reduced Debt
Revel AC Inc., announced it has successfully completed its financial restructuring and emerged from Chapter 11 of the United States Bankruptcy Code. Through the restructuring plan, which has been approved by both the U.S. Bankruptcy Court for the District of New Jersey (Camden) and the New Jersey...
5/22/2013
Bankruptcy
 
Funding the High Costs of Litigation
Patrick M. Jones
Assets can take many forms: cash, inventory, receivables, and… litigation? Most businesses view litigation only as a...
5/14/2013 Topic: Legal Issues
Why Do Lenders Voluntarily Assist...
Robert Zadek is simply amazed that takeouts occur in spite of the fact that...
Topic: Legal Issues
Consumer Finance Lending: Banking the...
According to FDIC estimates, 14% of the U.S. population is considered...
Topic: Specialty Industries
 
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Sector/Economic Data
U.S. Census Bureau – U.S. Department of Commerce
Manufacturing and Trade Inventories and Sales - March 2013
U.S. Census Bureau – U.S. Department of Commerce
Advance Monthly Sales for Retail and Food Services – April 2013
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Deal Tables
Medical Action Industries in New $65MM ABL With Wells Fargo $65.000 Million
(Manufacturing)
MiMedx Secures a $3MM Revolver With Bank of America $3.000 Million
(Manufacturing)
ABL Deal Tables | League Tables
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