The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Credit Suisse Closes $200MM Revolver for Kabbage
Monday, November 20, 2017
Lenders/Participants
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Credit Suisse Bank [Lender]
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Structure
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Revolver
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Amount
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$200.000
Million
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Borrower(s)
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Kabbage Inc.
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Description
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Asset-backed revolving credit facility. The new facility diversifies Kabbage’s funding sources, enables the company to scale faster, and establishes another committed source of capital to propel future growth. The new facility will allow Kabbage to serve more and larger small businesses as it expands into higher lines-of-credit with longer terms tailored to the needs of its customers. Transaction details not disclosed.
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Industry
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Lender Finance
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Related Tags |
Credit Suisse, Kabbage
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ABL Advisor
Deal Tables
2024
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