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Raymond James is expanding the capabilities of its Investment Banking division by partnering with Eldridge Industries and Raymond James Bank to provide private credit solutions to sponsor-backed portfolio companies in four primary sectors: Consumer... Read Story

Filed Under: Industry News
May 14, 2024 @ 08:02 AM

Wintrust Business Credit (WBC) closed a new $15,000,000 ABL line of credit for a Southeast-headquartered aerospace distribution business with subsidiaries from the Southwest to the Northeast. The Company supplies fasteners and other products to... Read Story

Filed Under: Aerospace
May 14, 2024 @ 08:00 AM

The Commercial Finance Division of Pathward announced the funding of three credit facilities totaling $15MM in various industries. An $8 million asset-based revolving line of credit facility to a PVC and thermoplastics manufacturer in Indiana. The... Read Story

May 14, 2024 @ 07:59 AM

MidCap Financial and Great Rock Capital provided a $140 million senior secured revolving credit facility to a global manufacturer, distributor, and marketer of houseware products. The facility was used to refinance existing indebtedness and will... Read Story

Filed Under: Manufacturing
May 14, 2024 @ 07:57 AM

Siena Lending Group announced the closing of a $35 million credit facility with Charah Solutions, Inc., a leading provider of mission-critical environmental services and by-product recycling to the power generation industry.  The new two-year credit... Read Story

May 14, 2024 @ 07:56 AM

Citizens led a $105 million credit facility, which included a $75 million term loan and a $30 million revolving line of credit, for Style Crest Enterprises to help the company refinance existing debt and fund acquisitions. Citizens was Lead Left... Read Story

Filed Under: Building Supplies
May 14, 2024 @ 07:54 AM

Mitsubishi HC Capital America announced that Steve Weislogel has been promoted to Senior Vice President, Head of Technology Finance.  The Technology Finance division offers a unique end-user funding solution that encompasses both channel and accounts... Read Story

May 14, 2024 @ 06:00 AM

Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility in support of refinancing of The Black Tux, Inc., an existing portfolio company of TZP Group and Stripes Group.Founded in 2013, The Black... Read Story

Filed Under: Apparel
May 14, 2024 @ 06:00 AM

Kolibri Global Energy announce that the Borrowing Base of its indirect wholly owned subsidiary BNK Petroleum (US) Inc. was increased from $40 million to $50 million on its revolving line of credit from BOK Financial (“BOKF”), an increase of 25%. The... Read Story

Filed Under: Energy
May 14, 2024 @ 05:00 AM

Nabil Istafanous announced the launch of Foothills Capital Advisory, a practice dedicated to helping businesses secure the necessary working and growth capital to succeed in today's challenging credit environment.During times of higher interest rates... Read Story

Filed Under: Industry News
May 13, 2024 @ 08:08 AM