The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Commercial Capital Provides $50MM Facility to Alterna Capital
Lenders/Participants
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Wells Fargo Commercial Capital [Lender]
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Structure
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Asset-based Credit Facility
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Amount
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$50.000
Million
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Borrower(s)
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Alterna Capital Solutions
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Description
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A $50 million asset-based credit facility with Wells Fargo Commercial Capital. The line increase, with an accordion to $70 million, will be used by Alterna Capital Solutions to meet the growing demand from small-business owners seeking a financing partner capable of long-term guidance and funding complementary to established bank relationships. transaction details not disclosed.
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Industry
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Lender Finance
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Location
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FL
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ABL Advisor
Deal Tables
2024
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