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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
ePlus Technology Amends Credit Facility With GE Capital CDF
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Lenders/Participants
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GE Capital Commercial Distribution Finance [Lender]
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Structure
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$30MM A/R & $220MM Floor Plan Facility
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Amount
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$250.000
Million
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Borrower(s)
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ePlus Technology
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Description
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The credit facility is comprised of a floor plan component and an accounts receivable component and is used to finance inventory and accounts receivable related to the sales of products and services in its technology segment. The amendment provides ePlus Technology with a total credit limit of $250 million, an increase of $25 million over the prior agreement, with a sub-limit of $30 million for the accounts receivable component. Transaction details not disclosed.
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Industry
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Technology
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| Related Tags |
GE Capital Commercial Distribution Finance
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ABL Advisor
Deal Tables
2024
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