The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
PACE Funding Group Closes Warehouse Credit Facility with SunTrust Bank
Lenders/Participants
|
SunTrust Bank [Lender]
|
Structure
|
Warehouse Credit Facilityh
|
Amount
|
$55.000
Million
|
Borrower(s)
|
PACE Funding Group
|
Description
|
The facility will finance PACE Funding's California and Florida originations and includes the option to increase to $100 million to further support PACE Funding's growing business. Transaction details not disclosed.
|
Industry
|
Lender Finance
|
Related Tags |
SunTrust Bank
|
ABL Advisor
Deal Tables
2024
|
|
|
|