The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
OnDeck Extends, Upsizes Revolving Credit Facility With Deutsche Bank
Lenders/Participants
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Deutsche Bank [Lender]
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Structure
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Asset-backed Revolver
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Amount
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$214.000
Million
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Borrower(s)
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OnDeck
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Description
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Amendment extended the facility's maturity date to March 2019 and increased the facility's borrowing capacity by approximately $52 million to a total of up to approximately $214 million. The revolving pool of small business loans purchased by ODART serves as collateral under the facility.Transaction details not disclosed.
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Industry
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Lender Finance
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Related Tags |
Deutsche Bank, OnDeck
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ABL Advisor
Deal Tables
2024
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