|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Wells Fargo Commercial Capital Provides $50MM Facility to Alterna Capital
|
Lenders/Participants
|
Wells Fargo Commercial Capital [Lender]
|
|
Structure
|
Asset-based Credit Facility
|
|
Amount
|
$50.000
Million
|
|
Borrower(s)
|
Alterna Capital Solutions
|
|
Description
|
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.
|
|
Industry
|
Lender Finance
|
|
Location
|
FL
|
ABL Advisor
Deal Tables
2024
|
|
|
|