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News Stories (441 Results) - Transaction Announcements

Gateway Trade Funding, a P/O and Trade Financing company, announced the completion of the following purchase order transactions: A $1,000,000 Purchase Order facility for a Canadian company selling specialist towels and linens to hotels that are... Read Story

October 25, 2019, 08:00 AM

Allied Affiliated Funding, a division of Axiom Bank, N.A. announced the following recently closed transactions: $500,000 in Receivables Financing to a Texas-based company that provides staffing services, primarily to the oil and gas industry. To... Read Story

October 24, 2019, 08:21 AM

Crestmark announced it provided more than $33 million in commercial financing to 71 businesses in the first half of September.  Crestmark secured a total of $12,650,000 in ABL financial solutions for 11 new clients; Crestmark Equipment Finance... Read Story

September 20, 2019, 09:00 AM

Crestmark announced it provided more than $41 million in commercial financing to 69 businesses in the second half of July. Crestmark secured a total of $27,055,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $4... Read Story

August 06, 2019, 08:00 AM

Crestmark announced it provided more than $41.7 million in commercial financing to 92 businesses in the first half of May. Crestmark secured a total of $16,550,000 in ABL financial solutions for 18 new clients;  Crestmark Equipment Finance provided... Read Story

May 22, 2019, 08:30 AM

Gateway Trade Funding, a P/O and Trade Financing company, announced that it recently completed the following purchase order transactions: $500,000 PO facility to a US importer of shipping related products selling to US distributors. $350,000 PO... Read Story

May 01, 2019, 08:45 AM

Crestmark secured a total of $10,250,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $7,481,066 in four new lease transactions; Crestmark Vendor Finance provided $5,830,687 in 56 new lease transactions; and the... Read Story

April 18, 2019, 09:00 AM

Rosenthal & Rosenthal, Inc., announced the completion of a recent $1.6 million purchase order financing facility to support the production financing requirements of a New York-based accessories company.Rosenthal was introduced by a consultant to a... Read Story

March 26, 2019, 08:00 AM

Crestmark secured a total of $9,450,000 in ABL financial solutions for nine new clients; Crestmark Equipment Finance provided $740,098 in one new lease transaction; Crestmark Vendor Finance provided $3,580,701 in 51 new lease transactions; the Joint... Read Story

December 21, 2018, 08:00 AM

Inaeris Technologies, LLC recently closed on the sale of its plant and equipment assets to Tiger Capital Group. Ocean Park acted as exclusive financial advisor to the seller. “Ocean Park’s expertise in M&A transactions, knowledge of the advanced... Read Story

December 12, 2018, 07:00 AM

Crestmark secured a total of $7,310,542 in financial solutions for 12 new clients in the first half of January: A $625,000 insurance agency term loan facility was provided on Jan. 3 to an independent insurance agency in Arizona. The financing will... Read Story

January 18, 2017, 08:01 AM

Veritas Financial Partners has closed a $3 million credit facility for Hammond Electronics, Inc. to refinance their existing senior debt and provide additional working capital for their business.  Located in Orlando, Florida, Hammond is a broad line... Read Story

January 10, 2017, 07:00 AM

Great Lakes Dredge & Dock Corporation, a provider of dredging services in the United States and a major provider of environmental and remediation services, announced it has closed on a $250 million three year revolving credit facility.  PNC Bank... Read Story

January 09, 2017, 08:05 AM

HarbourVest Global Private Equity Limited, a closed-end investment company, has announced the successful renewal of its existing $500 million multi-currency credit facility with Lloyds Bank plc and Credit Suisse AG. Lloyds Bank plc has maintained its... Read Story

January 09, 2017, 07:00 AM

Crestmark secured a total of $22,870,000 in financial solutions for 14 new clients in the second half of December. A $1,000,000 ledgered line of credit facility was provided on Dec. 16 to a staffing company in Illinois. The financing will be used... Read Story

January 05, 2017, 07:08 AM

Crestmark secured a total of $12,707,125 in financial solutions for 21 new clients in the first half of December. A $250,000 traditional factoring facility was provided on Dec. 1 to a distributor of men’s, women’s, and children’s apparel in New... Read Story

December 19, 2016, 07:02 AM

Allied Affiliated Funding announced the following recently closed transactions:  $2 million accounts receivable facility to a current Allied client who wanted to diversify and launch a new company in the healthcare industry. This at-home medical lab... Read Story

December 13, 2016, 07:10 AM

Brookridge Funding announces the completion of $3.25 millon of purchase order funding facilities for three new clients:The clients were introduced to Brookridge by their factors or  asset-based lenders and include: $2 million for a New... Read Story

December 06, 2016, 07:28 AM

Loeb Term Solutions recently provided an equipment term loan to a Texas-based contract packaging facility specializing in fluid management for oil and gas well drilling, production and servicing.The client was in need of additional working capital in... Read Story

November 21, 2016, 07:43 AM

Crestmark secured a total of $19.81 million in financial solutions for 16 new clients in the first half of November. On Nov. 1, a $391,000 new lease transaction was completed with a candy company in the West. A $250,000 traditional factoring... Read Story

November 17, 2016, 07:00 AM

ExWorks Capital announced that it has provided financing to a company that offers services to the U.S. Government's operational, development and scientific/technical communities as well as to public and private entities with related requirements. ... Read Story

November 11, 2016, 06:54 AM

Allied Affiliated Funding announced the following recently closed transactions:  $5 million accounts receivable facility to a healthcare staffing company focused on providing international students with educational opportunities working in hospitals... Read Story

November 09, 2016, 07:24 AM

Ares Capital Corporation is providing additional details on its new financing commitments closed during the third quarter, which totaled approximately $1.5 billion. In addition to the over $200 million committed to the Senior Direct Lending Program... Read Story

November 07, 2016, 08:04 AM

Antares announced it closed more than 183 senior loan transactions with corporate borrowers across 96 private equity firms, including 82 new platforms, totaling more than $11.6 billion in commitments through the first nine months of 2016 ending... Read Story

October 27, 2016, 07:18 AM

Crestmark secured a total of $16.89 million in financial solutions for 14 new clients in the first half of October. The deals are: On Oct. 1, a $2.2 million new lease transaction was provided to a communications provider in the west. A $4.72... Read Story

October 21, 2016, 07:13 AM

Capstone announced five recent transactions totaling $4.6 million. Details of these deals are as follows: Capstone Business Funding LLC established a $600,000 non-recourse factoring facility for a telecom and cabling infrastructure installation... Read Story

October 20, 2016, 07:11 AM

Lawrence Financial Group announced the funding of a total of $100 million in the first three quarters of 2016. Highlights of third quarter results included: $10 million revolving secured line of credit for a Los Angeles area based furniture... Read Story

October 18, 2016, 07:26 AM

Boston Financial & Equity Corporation (BFEC) recently funded an equipment lease for a Vaccine platform and development company. The company was originally funded by two strategic corporate investors, and its most recent round, $22 million by an... Read Story

October 18, 2016, 07:14 AM

Hitachi Business Finance recently provided $6 million to four companies across the U.S.Of the new clients that received financing, the first is a Midwestern auto supplier. The company is experiencing massive growth opportunities and was in need of... Read Story

October 12, 2016, 07:23 AM

Crestmark secured a total of $20.57MM in financial solutions for 20 new clients in the second half of September. A $500,000 accounts receivable purchase facility was provided on Sept. 16 to a staffing company in Kansas. The financing will be used... Read Story

October 06, 2016, 07:41 AM

AloStar recently funded three deals totaling $40.5 million through its Capital Finance platform. AloStar committed $20 million to Capital Southwest Corporation as part of a $100 million revolver. Capital Southwest Corporation is a business... Read Story

October 05, 2016, 07:29 AM

Loeb Term Solutions recently provided an equipment term loan to a Pennsylvania-based contract packaging facility specializing in private label and specially crafted fine foods. The client was in need of additional working capital in order to expand... Read Story

September 26, 2016, 08:00 AM

Crestmark secured a total of $17,945,000 in financial solutions for 16 new clients in the first half of September. The transactions are: A $250,000 traditional factoring facility was provided on Sept. 1 to a distributor of footwear in North... Read Story

September 16, 2016, 08:09 AM

Capstone Business Funding and Capstone Capital Group recently funding five deals totaling $27 million. The deals are: Capstone Business Funding , LLC closed a $2.5 million non-recourse factoring agreement for a steel erection subcontractor... Read Story

September 07, 2016, 07:08 AM

Brookridge Funding announces the completion of $2.5 million of purchase order funding facilities for five new clients.The clients were introduced to Brookridge by their factors or  asset based lenders and include: $750,000 for a TX importer of... Read Story

September 07, 2016, 07:03 AM

Crestmark secured a total of $13,285,000 in financial solutions for 15 new clients in the second half of August. The deals include: A $125,000 accounts receivable purchase facility was provided on Aug. 17 to a trucking company in California. The... Read Story

September 02, 2016, 07:23 AM

Allied Affiliated Funding announced the following recently closed transactions: $200,000 accounts receivable facility to a small construction subcontractor dealing in telecommunications upgrades, installations, and laying fiber-optic cable. The... Read Story

August 25, 2016, 07:25 AM

Crestmark secured a total of $12,046,000 in financial solutions for 14 new clients in the first half of August. They are: A $1 million accounts receivable purchase facility was provided on Aug. 1 to a startup trucking company in Florida. The... Read Story

August 18, 2016, 07:26 AM

Federal National Commercial Credit (FNCC) announced the recent funding of four new clients.  These companies represent a sample of the types of creative financing solutions provided by Federal National.The deals are: Apparel Manufacturer -- $2... Read Story

August 08, 2016, 08:06 AM

Ares Capital Corporation is providing additional details on its financing commitments closed during the second quarter of 2016. Financing commitments made by Ares Capital in the second quarter totaled over $530 million across 11 transactions.“Ares... Read Story

August 05, 2016, 08:09 AM

In the first six months of 2016, Lawrence Financial Group reported closing 20 transactions with funding in excess of $75 million. Highlights include: $35 million for outdoor products group. This Los Angeles based company, formed in 1973, develops... Read Story

August 05, 2016, 07:31 AM

Crestmark secured a total of $7,573,000 in financial solutions for five new clients in the second half of July. A $400,000 accounts receivable purchase facility was provided on July 19 to a trucking company in California. The financing will be... Read Story

August 04, 2016, 07:16 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp. and a leader in easy and flexible financing for growing companies, recently provided $7 million in working capital to two companies. Of the new clients that received funding, the... Read Story

August 01, 2016, 07:26 AM

Diamond Business Credit announced that it recently funded a $50,000 line of credit to a precision machine shop.  This longstanding, marginally profitable company was struggling to get by servicing existing customers and at the same time working on... Read Story

July 29, 2016, 07:11 AM

Crestmark secured a total of $17.6 million in financial solutions for 13 new clients in the first half of July. The transactions are: A $4.4 million SBA 7(a) term loan facility was provided on July 5 to an independent insurance agency in Florida.... Read Story

July 26, 2016, 07:16 AM

Tetra Corporate Services, an equipment leasing company, provided a $350,000 lease for a generator to an auto company located on the West Coast.Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including... Read Story

July 19, 2016, 07:08 AM

Allied Affiliated Funding announced the following recently closed transactions: A $1.5 million accounts receivable facility plus a $200,000 term loan to a minority-owned staffing firm. The company was a former Allied client until 2013, graduating... Read Story

July 12, 2016, 07:29 AM

Crestmark secured a total of $8,995,000 in financial solutions for 12 new clients in the second half of June. A $200,000 accounts receivable purchase facility was provided on June 17 to a trucking company in California. The financing will be used... Read Story

July 08, 2016, 08:00 AM

Capstone Business Funding, LLC closed a spot factoring facility for a Texas-based plumbing contractor. Capstone Capital Group, LLC closed an $21 million in a purchase order financing facility and Capstone Credit closed a $25 million in a recourse... Read Story

July 08, 2016, 07:12 AM

Reich Brothers Business Solutions announced it closed four transactions in the month of June. They are: Agented a $3.0 million DIP facility for a bioenergy plant in Kansas as part of the ongoing restructuring efforts of a large multinational... Read Story

July 07, 2016, 07:53 AM

Capstone Business Funding closed a one year $1.7 million non-recourse factoring facility for a framing contractor. Capstone Business Funding, LLC closed a spot factoring facility for a Washington DC based construction firm that specializes in... Read Story

June 28, 2016, 07:31 AM

Capstone announced three recently closed transactions totaling $2.55 million. Details of the transactions include: Capstone Business Funding, LLC closed a $1 million non-recourse factoring facility of a construction subcontractor that supplies and... Read Story

June 22, 2016, 07:42 AM

A Michigan-based service business was not getting the service they expected from their current lender. In the end they were told by their lender that they were “too small” for them to handle. Mackinac Commercial Credit (MCC) was called in by a... Read Story

June 17, 2016, 07:55 AM

Capstone announces two recent fundings. They are: Capstone Credit LLC closed a $750,000 factoring facility for e New York Times bestselling cookbook author.  The author has published two books under the facility with a third booking pending for... Read Story

June 10, 2016, 07:21 AM

 Crestmark secured a total of $8.775 million in financial solutions for 14 new clients in the second half of May. A $500,000 accounts receivable purchase facility was provided on May 19 to a parts supplier for the oil and gas industry in Texas.... Read Story

June 02, 2016, 07:22 AM

The EBF Group Ltd., operating as Express Business Funding (“EBF”), a leading Canadian factoring company, has provided non-notification factoring facilities to two Vancouver based companies.  Sharing common ownership, both companies were referred to... Read Story

June 01, 2016, 07:19 AM

Capstone Business Funding announced it has closed two recent factoring facilities. They are:A $1 million non-recourse factoring facility for a Michigan based crane services company.  The demand for the company’s service outpaced its cash flow.  The... Read Story

May 26, 2016, 07:38 AM

Crestmark secured a total of $16.265 million in financial solutions for 19 new clients in the first half of May. The deals include: $150,000 accounts receivable purchase facility was provided on May 2 to a trucking company in Washington. The... Read Story

May 19, 2016, 07:54 AM

Capstone Business Funding, LLC provided a $5 mlllion non-recourse factoring facility for a Central Texas general construction company.  The company was recently acquired by management with sales of $1.5 million.  Shortly after the acquisition the new... Read Story

May 19, 2016, 07:10 AM

Austin Financial funded a $1 million accounts receivable revolver for a staffing and software implementation company serving fortune 500 clients. When the incumbent bank wasn’t able to increase the client’s line of credit, Austin stepped in with a... Read Story

May 18, 2016, 07:13 AM

Capstone Business Funding announced it has provided three recent factoring facilities. They are: $800,000 non-recourse factoring facility to a Delaware based masonry contractor. The factoring facility will allow the client to perform on numerous... Read Story

May 12, 2016, 07:53 AM

Crestmark secured a total of $7.57 million in financial solutions for 13 new clients in the second half of April. They include: A $550,000 accounts receivable purchase facility was provided on April 20 to a startup trucking company in Texas. The... Read Story

May 04, 2016, 07:19 AM

Liquid Capital announced the funding of six recent transactions. They include: A $1 million asset-based loan facility to a kitchen cabinet manufacturer in the Martimes to help fund the growth of their business. A $100,000 factoring facility to a... Read Story

May 03, 2016, 07:02 AM

TAB Bank announced it has provided working capital funding to two companies located in the Western United States.  Each funding represents TAB Bank’s belief that small businesses are the heartbeat of the American economy.  TAB is committed to... Read Story

April 28, 2016, 07:15 AM

Brookridge Funding announces the completion of $3.25 million of purchase order funding facilities for four new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include: $1.5 million for a Florida-based... Read Story

April 27, 2016, 07:23 AM

Tetra Capital, a factoring company specializing in the transportation industry, announced they recently provided factoring facilities for nine new transportation companies. The factoring facilities included: $75,000 to a California based Dry Van... Read Story

April 25, 2016, 07:21 AM

Lawrence Financial Group announced the execution of ten significant financing arrangements in the first quarter of 2016, with total commitments in excess of $30 million. The firm has provided capital for more than 1,000 companies in its 26-year... Read Story

April 22, 2016, 07:32 AM

Liquid Capital announced it has closed six recent transactions. Details of the transactions are: $1 million factor facility to a Mining Service Company in McAllen, TX to help fund day to day operations. $400,000 factor facility to an Aquatic... Read Story

April 21, 2016, 07:08 AM

Crestmark secured a total of $4.375 million in financial solutions for six new clients in the first half of April. The transactions include: A $175,000 SBA 7(a) term loan facility was provided on April 1 to an independent insurance agency in... Read Story

April 20, 2016, 07:25 AM

Versant Funding recently closed a $12 million non-recourse factoring facility for a business based in the Northeast.  The company was being financed by an asset-based lender that was limiting availability and with heavy reporting requirements forcing... Read Story

April 14, 2016, 07:12 AM

White Oak Global Advisors has recently provided senior financing on four transactions: A $119.5 million senior secured credit facility to support the buyout of a wireless services retailer and one of its competitors. White Oak served as Lead... Read Story

April 13, 2016, 07:49 AM

A Michigan-based service business was not getting the service they expected from their current lender. In the end they were told by their lender that they were “too small” for them to handle. Mackinac Commercial Credit (MCC) was called in by a... Read Story

April 06, 2016, 07:52 AM

Allied Affiliated Funding announced the following recently closed transactions: $1.5 million accounts receivable facility to a field examination solutions company servicing the oil and gas industry. Services include various radiography, ultrasonic... Read Story

April 05, 2016, 07:19 AM

Veritas Financial Partners completed two transactions last week totaling $7.1 million: A $5.6 million combined revolver plus term loan to a leading fabricator of food service stations and kiosks based in Tennessee.  Veritas tailored a single... Read Story

March 29, 2016, 07:55 AM

Crestmark secured a total of $14.593 million in financial solutions for 11 new clients in the first half of March. They are: A $400,000 accounts receivable purchase facility was provided on March 1 to a startup trucking company in Michigan. The... Read Story

March 17, 2016, 08:01 AM

TAB Bank announced it has provided working capital funding to two companies located in Florida.  Each funding represents TAB Bank’s belief that small businesses are the heartbeat of the American economy.  TAB is committed to providing ongoing... Read Story

March 15, 2016, 07:44 AM

Brookridge Funding announced it has provided $2.25 million in purchase order funding facilities to clients referred by their factors or asset-based lenders. The facilities include include: $750,000 for a NJ importer of women’s clothing; $500,000... Read Story

March 15, 2016, 07:35 AM

North Mill Capital announced it has provided $11.25 million to various customers in seven recent deals. They are: $1 million to a natural juice wholesaler -- When a wholesaler of natural juices in Florida started to receive sizable orders with... Read Story

March 04, 2016, 07:50 AM

Crestmark secured a total of $11.15 million in financial solutions for six new clients in the second half of February. A $400,000 accounts receivable purchase facility was provided on Feb. 18 to a trucking company in Texas. The financing will be... Read Story

March 02, 2016, 07:12 AM

Allied Affiliated Funding announced the following recently closed transactions:  $1.25 million accounts receivable facility to help facilitate the acquisition of a company.  This equipment manufacturing firm focuses on customers in the... Read Story

March 02, 2016, 07:11 AM

Medley Management Inc., a credit-focused asset management firm, today announced that it committed over $1 billion of capital to U.S. middle market companies throughout 2015.Select 2015 investments include: A $70.0 million senior secured 1st lien... Read Story

February 24, 2016, 07:58 AM

Crestmark secured a total of $11,396,000 in financial solutions for seven new clients in the first half of February.  The transactions are: A $350,000 accounts receivable purchase facility was provided on Feb. 2 to a startup car hauling company in... Read Story

February 18, 2016, 07:42 AM

Chicago-based lender, Loeb Term Solutions, closed January by financing over $6,800,000 dollars’ worth of industrial machinery and equipment. The financing is helping a coal mining operation, a southeast plastics manufacturer, and an oilfield... Read Story

February 05, 2016, 07:29 AM

Crestmark secured a total of $10,715,000 in financial solutions for eight new clients in the second half of January. The deals are: A $250,000 accounts receivable purchase facility was provided on Jan. 19 to a startup freight brokerage in Michigan... Read Story

February 03, 2016, 07:52 AM

CapitalPlus Equity, a factoring company specializing in commercial construction, has provided a revolving factoring facility for $78,000 to a painting subcontractor in Delaware. CapitalPlus Equity assists construction companies with their cash flow... Read Story

February 02, 2016, 07:09 AM

Tetra Corporate Services announced it has provided a $372,000 lease for audio visual equipment to a church located in the Midwest.Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including agricultural... Read Story

January 28, 2016, 07:06 AM

Phoenix Capital Group, LLC provided working capital solutions to 184 new clients in 31 states across the country, representing $38.31 in approved credit facilities during 2015. Phoenix Capital Group is nationally known and has been providing... Read Story

January 21, 2016, 07:17 AM

Crestmark secured a total of $11.185 million in financial solutions for 11 new clients in the first half of January. The transactions include: A $500,000 ledgered line of credit was provided on Jan. 4 to a flatbed trucking company in Pennsylvania.... Read Story

January 20, 2016, 07:38 AM

Lawrence Financial Group reported total debt placements in excess of $500 million in 2015. This is a record breaking year for the 25 year old firm. The largest single funding was a $315 million real estate financing closed in the third quarter.... Read Story

January 18, 2016, 07:11 AM

TAB Bank announced it has provided a $1.25 million revolving asset-based credit facility for a flatbed transportation company based in Georgia.  The financing was done in conjunction with an acquisition by a private equity group.The company operates... Read Story

January 15, 2016, 07:48 AM

Bibby Financial Services secured a total of $104,660,000 in financial solutions for 307 new clients in 2015. Most of the company’s largest deals involved revolving lines of credit above $2 million, evidence of the company’s successful expansion into... Read Story

January 12, 2016, 08:02 AM

Tetra Capital, a factoring company specializing in the transportation industry, announced they recently provided factoring facilities for ten new transportation companies. The factoring facilities included: $25K to a Flatbed Company in the... Read Story

January 06, 2016, 06:53 AM

Federal National Commercial Credit (FNCC) announced the firm has provided new credit facilities for the following companies: $4 million asset-based line of credit for an engineering and communication services company located in the Northeast... Read Story

January 05, 2016, 07:41 AM

CapitalPlus Equity, a factoring company specializing in commercial construction, has provided a revolving factoring facility for $769,000 to an electrical subcontractor in Texas. CapitalPlus Equity assists construction companies with their cash flow... Read Story

January 05, 2016, 07:08 AM

Tetra Capital, a factoring company specializing in the transportation industry, announced recently provided factoring facilities for six new transportation companies. The factoring facilities included: $40,000 to a Dry Van Company in the West... Read Story

December 22, 2015, 07:04 AM

Tetra Corporate Services announced it provided a $390,000 lease for hoisting and scaffolding to a hoisting and scaffolding company located in the Northeast.Tetra provides a vast range of creative equipment leasing solutions for all types of... Read Story

December 21, 2015, 07:07 AM

Crestmark secured a total of $11.35 million in financial solutions for four new clients in the first half of December. The transactions are: On Dec. 1, a $7 million asset-based line of credit facility was provided to a fiberglass manufacturer and... Read Story

December 17, 2015, 08:02 AM

CapitalPlus Equity, a factoring company specializing in commercial construction, has provided a revolving factoring facility for $50,000 to a flooring subcontractor in Florida. CapitalPlus Equity assists construction companies with their cash flow... Read Story

December 16, 2015, 07:11 AM

Crestmark secured a total of $8,005,000 in financial solutions for seven new clients in the second half of November. The transactions are: On Nov. 17, a $1 million accounts receivable purchase facility was provided to a start-up transportation... Read Story

December 03, 2015, 07:29 AM

Recently an Ohio-based non-profit firm was in need of a working capital line of credit to replace the existing facility they had with a regional bank. Mackinac Commercial Credit (MCC) met with their management team to learn more about them. MCC was... Read Story

December 03, 2015, 07:04 AM

Crestmark secured a total of $6.51 million in financial solutions for ten new clients in the first half of November. The transactions include: On Nov. 4, a $500,000 accounts receivable purchase facility was provided to a start-up freight broker in... Read Story

November 18, 2015, 07:22 AM

Boston Financial & Equity Corporation (BFEC) recently closed two transactions. One was for a “prepared meals to go” company, which is expanding from the Midwest to the East, and along with that growth is the need for packaging equipment. As an... Read Story

November 18, 2015, 07:01 AM

Trade Finance Solutions announced they closed $67 million in new business transactions in the third quarter of 2015. “We’re excited to be able to help a broad range of companies realize their trade goals and take advantage of new opportunities around... Read Story

November 13, 2015, 08:00 AM

Crestmark secured a total of $5,858,000 in financial solutions for six new clients in the second half of October. The transactions are as follows: On Oct. 20, a California-based designer and manufacturer of women’s dresses entered into a... Read Story

November 05, 2015, 07:29 AM

Allied Affiliated Funding is pleased to announce the following recently closed transactions:  $3 million accounts receivable facility for a trucking company specializing in transporting all goods related to the wine industry including hauling... Read Story

November 03, 2015, 07:27 AM

White Oak Global Advisors has recently provided financing support to four transactions: An $11.0 million senior secured term loan to a hydraulic manufacturer of metals parts and components. The company has expertise in machining and uses... Read Story

October 21, 2015, 08:02 AM

Crestmark secured a total of $9,070,000 in financial solutions for eight new clients in the first half of October.  The transactions include: On Oct. 1, a $250,000 accounts receivable purchase facility was provided to a startup trucking company in... Read Story

October 21, 2015, 07:35 AM

Porter Capital Corporation, offering specialized funding solutions with A/R and inventory financing, reported the following recently closed deals totaling over $2 million in funding: $50,000 recourse factoring facility for an engineering firm... Read Story

October 21, 2015, 07:06 AM

Allied Affiliated Funding announced the following recently closed transactions:  $100,000 accounts receivable facility for a start-up healthcare staffing company providing anesthesiologists and nurses to hospitals and surgical centers. This... Read Story

October 20, 2015, 07:06 AM

Lawrence Financial Group announced funding a record $350 million of asset-based loans in the third quarter, 2015.The largest transaction was a $310 million financing for three million square feet of office, industrial and retail properties. These... Read Story

October 19, 2015, 07:31 AM

Bibby Financial Services closed 83 deals in the third quarter of 2015. Seven notable transactions that contributed to the company’s third quarter success include: An $11 million asset-based lending facility to a New York-based developer of... Read Story

October 14, 2015, 07:53 AM

As the economy in Michigan continues to rebound, Hitachi Business Finance is playing a part by financing two growing companies with accounts receivable funding.  The first company, located in mid-Michigan, provides hunting gear and equipment. With a... Read Story

October 14, 2015, 07:44 AM

Tetra Corporate Services announced it provided a $1.8M lease for medical structures and modular buildings to a hospital located in the Southeast.Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including... Read Story

October 12, 2015, 07:16 AM

Crestmark secured a total of $6.59 million in financial solutions for nine new clients in the second half of September. They include: On Sept. 16, a $300,000 SBA 7(a) term loan facility was provided to an independent insurance agency in North... Read Story

October 07, 2015, 07:23 AM

Diamond Business Credit announced that it recently funded a $100,000 line of credit to a company that designs and maintains rooftop gardens and drainage systems.  The company has a strong client base and is growing rapidly.  With key vendors to... Read Story

September 23, 2015, 07:06 AM

Crestmark secured a total of $3,856,000 in financial solutions for seven new clients in the first half of September. The deals include: On Sept. 1, a $500,000 accounts receivable purchase facility was provided to a trucking company in Illinois.... Read Story

September 16, 2015, 07:39 AM

Tetra Corporate Services announced they provided a $1.2MM lease for office equipment to a medical company located in the Intermountain Region. Tetra provides a vast range of creative equipment leasing solutions for all types of businesses including... Read Story

September 08, 2015, 08:47 AM

Crestmark secured a total of $1,450,000 in financial solutions for 5 new clients in the first half of August. On August 17, a $200,000 accounts receivable purchase facility was provided to trucking company hauling general freight and refrigerated... Read Story

September 04, 2015, 08:00 AM

Federal National Commercial Credit announced it closed two recent transaction. They include: An $8.5 million asset-based line of credit to a health information and technology company in the Southeast region. Due to a sale of the current lenders... Read Story

August 19, 2015, 07:11 AM

Crestmark secured a total of $17,008,000 in financial solutions for 13 new clients in the second half of July. The transactions are: On July 17, a $250,000 accounts receivable purchase facility was provided to a trucking company in Georgia. The... Read Story

August 05, 2015, 07:39 AM

Gibraltar Business Capital announced that it is continuing to diversify and broaden its offerings. Gibraltar is answering an uptick in requests from different types of businesses looking for more creative, non-bank financing structures to launch an... Read Story

July 29, 2015, 07:09 AM

CapitalPlus Equity, a factoring company specializing in commercial construction, has provided a revolving factoring facility for $153,000 to a demolition subcontractor in Louisiana.   CapitalPlus Equity assists construction companies with their cash... Read Story

July 22, 2015, 06:52 AM

Crestmark secured a total of $12,530,000 in financial solutions for eight new clients in the first half of July. On June 30, a traditional factoring facility was provided to an urban/streetwear clothing importer in New Jersey. The financing will... Read Story

July 17, 2015, 07:15 AM

White Oak Global Advisors has recently provided financing support to six transactions: $25.5 million senior secured term loan to a performance-based digital marketing company that operates a private online exchange for connecting advertisers with... Read Story

July 15, 2015, 07:29 AM

Bibby Financial Services closed 80 new deals in the second quarter of 2015, seven of which were more than $1 million each. They are: $7.5 million factoring facility to a Canadian skilled IT staffing firm $7 million factoring facility to a... Read Story

July 15, 2015, 07:15 AM

Crestmark secured a total of $22.1 million in financial solutions for eleven new clients in the second half of June. The transactions are: A $250,000 accounts receivable purchase facility was provided on June 16 to a medical software and hardware... Read Story

July 02, 2015, 07:42 AM

TAB Bank announced the closing of three working capital facilities in California totaling $3.35 million. Each funding represents TAB’s commitment in providing working capital financing solutions and ongoing support to small and medium-sized... Read Story

June 24, 2015, 07:16 AM

Crestmark secured a total of $5.34MM in financial solutions for eight new clients in the first half of June. The transactions are: A $300,000 SBA 7(a) term loan facility was provided on June 1 to an independent insurance agency in Ohio. The... Read Story

June 16, 2015, 07:49 AM

Federal National Commercial Credit (FNCC) announced its continued expansion with the addition of the following new transactions: A $2 million A/R Credit LIne to a Health Science Service Company based in the Mid-Atlantic Region. A $5.5 million... Read Story

June 04, 2015, 07:10 AM

Crestmark secured a total of $7 million in financial solutions for seven new clients in the second half of May. The transactions include: A $650,000 SBA 7(a) term loan facility was provided on May 20 to an independent insurance agency in Michigan.... Read Story

June 03, 2015, 07:23 AM

TAB Bank announced the closing of two factoring facilities in California totaling $1.25 million.  Each funding represents TAB’s commitment in providing working capital financing solutions and ongoing support to small and medium-sized commercial... Read Story

June 02, 2015, 07:27 AM

Six notable transactions that contributed to the company’s first quarter success include:  $1.5 million factoring deal based in southern California provided to an apparel company to aid in expanding its reach in the Americas $1 million factoring... Read Story

May 29, 2015, 07:11 AM

Crestmark secured a total of $7,065,000 in financial solutions for six new clients in the first half of May. These transactions include: A $100,000 accounts receivable purchase facility was provided on May 4 to a trucking company in Kentucky. The... Read Story

May 20, 2015, 07:27 AM

KGS-Alpha Capital Markets, L.P. (KGS) announced the closing of two separate financings backed by structured settlement receivables in April 2015. The financing transactions were conducted with Stone Street Capital (Stone Street) and DRB Capital (DRB)... Read Story

May 11, 2015, 07:56 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced that during the first quarter of 2015 it closed six financing transactions, including refinancings of... Read Story

May 06, 2015, 08:01 AM

Crestmark secured a total of $12,690,000 in financial solutions for nine new clients in the second half of April. The details are as follows: A $5 million asset-based line of credit was provided on April 21 to a distributor of pipeline products in... Read Story

May 06, 2015, 07:31 AM

Gibraltar Business Capital announced  three exciting deals that have allowed small businesses nationwide to grow change or reach business goals in ways that continue to inspire us as an asset based lender. A lending solution to shift at the speed of... Read Story

April 23, 2015, 07:53 AM

According to a press release, White Oak Global Advisors recently provided financing support to six transactions:A $38.5 million senior secured term loan to a specialty trucking and logistics company.  The Company serves a highly diversified customer... Read Story

April 21, 2015, 07:05 AM

Crestmark secured a total of $2,650,000 in financial solutions for six new clients in the first half of April. A $400,000 accounts receivable purchase facility was provided on April 1 to a trucking company in Tennessee. The financing will be used... Read Story

April 21, 2015, 07:00 AM

Bryant Park Capital, a leading middle-market investment bank with a focus in the specialty finance industry, announced today that Golden Pear Funding, LLC recently closed a new $150 million senior credit facility with a leading lender to the... Read Story

April 17, 2015, 07:38 AM

Brookridge Funding announces the completion of $3.9 million of purchase order funding facilities for four new clients:The clients were introduced to Brookridge by their factors or asset-based lenders and include: $2 million for a CA distributor of... Read Story

April 08, 2015, 06:52 AM

Crestmark secured a total of $6.95 million in financial solutions for nine new clients in the second half of March. The transactions are: A $250,000 accounts receivable purchase facility was provided on March 16 to a trucking company in... Read Story

April 03, 2015, 07:33 AM

TAB Bank announced the closing of two factoring facilities in Ohio totaling $2.75 million.  Each funding represents TAB’s commitment in providing working capital financial solutions to small and medium-sized businesses across the United States.The... Read Story

March 24, 2015, 07:34 AM

Crestmark secured a total of $10,095,000 in financial solutions for seven new clients in the first half of March. The transactions are: A $7 million asset-based line of credit was provided on March 2 to a textile wholesaler in California. The... Read Story

March 23, 2015, 07:48 AM

Ares Capital Corporation is providing additional details on its financing commitments closed during the fourth quarter of 2014, which were included in Ares Capital’s earnings announcement released on February 26, 2015. Financing commitments made by... Read Story

March 09, 2015, 07:31 AM

Crestmark secured a total of $13.39 million in financial solutions for twelve new clients to finish the month of February.  The transactions are: A $2.7 million SBA term loan facility was provided on February 9 to a hotel management company in... Read Story

March 06, 2015, 07:21 AM

North Mill Capital announced it has closed five recent transactions totaling $29.5 million. They are:A $12 million asset-based line of credit  to a retail display manufacturer: A Illinois display manufacturer, to big box retailers, was asked by their... Read Story

March 02, 2015, 09:04 AM

Crestmark secured a total of $5.4 million in financial solutions for four new clients in the first half of February. The transactions are: A $400,000 accounts receivable purchase facility was provided on February 2 to a staffing agency in Maryland... Read Story

February 20, 2015, 07:39 AM

Aegis Business Credit announced its latest client relationships:Building Materials Fabricator- $1.5 million factoring facilityA Florida based fabricator of exterior trim elements for residential and commercial structures required working capital to... Read Story

February 12, 2015, 07:34 AM

Crestmark secured a total of $14,070,000 in financial solutions for eleven new clients in the month of January. The transactions are: A $7 million accounts receivable purchase facility was provided on January 8 to a Florida computer hardware and... Read Story

February 11, 2015, 07:04 AM

On the heels of a record funding year for Loeb Term Solutions, the Chicago-based lender has closed January by financing another $9,000,000 dollars worth of industrial machinery and equipment. The financing will help a global textile company open a... Read Story

February 06, 2015, 08:01 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp., ended the final quarter of 2014 with the completion of nearly $12 million in new financing solutions, as well as $4 million in line increase requests. Of the deals, Hitachi... Read Story

January 16, 2015, 07:53 AM

First Growth Capital, a division of First Capital, announced it provided $2.3 million in working capital credit facilities during Q4 2014. The various facilities are collateralized by the clients’ account receivables. The facilities include $1... Read Story

January 15, 2015, 07:22 AM

Crestmark secured a total of $23,225,000 in financial solutions for fifteen new clients in the month of December. A $225,000 SBA term loan facility was provided on December 1 to a Florida insurance agency. The financing will be used for working... Read Story

January 09, 2015, 07:19 AM

Hercules Technology Growth Capital, Inc. announced its Q4 2014 portfolio update.“Hercules completes an impressive sprint to the finish line delivering another record quarter and year of new originations commitments, underscoring our leadership... Read Story

December 24, 2014, 07:19 AM

Gibraltar continues a strong season of lending to companies with one common interest: a fresh financing solution. As bank loans remain elusive yet businesses require working capital to evolve, small- and medium-sized companies across the country... Read Story

December 17, 2014, 07:36 AM

North Mill Capital announced five recent transactions. Details of the transactions follow: $2.5 million accounts receivable credit facility to a full service metal fabricator located in Wisconsin. $1.5 million accounts receivable and inventory... Read Story

December 16, 2014, 07:03 AM

Mackinac Commercial Credit announced the closing of two transactions in early December. The transactions are: A Michigan based legal support services company obtained a $2 million asset-based line of credit from MCC to support their dramatic sales... Read Story

December 10, 2014, 07:09 AM

Crestmark secured a total of $11,645,000 in financial solutions for eight new clients in the second half of November. The transactions include: A $1 million accounts receivable purchase facility was provided on November 17 to a Texas provider of... Read Story

December 09, 2014, 07:33 AM

Gibraltar Business Capital recently announced the firm funded four deals in October. Gibraltar’s recent facilities ranged from a half-million dollar factoring line for a niche electrolyte drink maker to a multimillion-dollar asset-based revolving... Read Story

November 21, 2014, 07:47 AM

Crestmark announced that it closed eitght transactions totaling more than $14 million in the first half of November. The transactions are: A $2.5 million accounts receivable purchase facility was provided on November 3 to a manufacturer of foam... Read Story

November 21, 2014, 07:33 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced on November 4, 2014 that during the third quarter it closed 6 financing transactions... Read Story

November 11, 2014, 07:28 AM

Crestmark secured a total of $10.669 million in financial solutions for six new clients in the second half of October. On October 17, a $3,919,000 asset-based line of credit and equipment term loan was provided to a Michigan automotive parts... Read Story

November 07, 2014, 07:19 AM

DS-Concept Factoring, Inc. announced it has provided a $3 million export accounts receivable facility to an apparel exporter in China as well as their US subsidiary. The client, who provides products to retailers and wholesalers in the United States... Read Story

November 05, 2014, 06:53 AM

Crestmark secured a total of $7,397,200 in financial solutions for seven new clients in the first half of October. The transactions include: A $622,500 SBA term loan was provided to an independent insurance agent in Texas for acquisition... Read Story

October 24, 2014, 07:04 AM

In a press release, Gibraltar Business Capital announced recent examples of how the firm's asset-based debt structures can work for private equity group-backed purchases, recapitalizations, sales or turnarounds of all types of small- to medium-sized... Read Story

October 17, 2014, 07:39 AM

CapitalPlus Equity, a factoring company specializing in commercial construction, has provided a revolving factoring facility for $915,000 to a general contractor doing work for commercial clients located in the Northeast. CapitalPlus Equity has also... Read Story

October 14, 2014, 07:03 AM

Crestmark secured a total of $14,980,600 in financial solutions for nine new clients in the month of September. The deals include: On September 2, a $2 million ledgered line of credit was provided to a metal fabricator in Michigan to pay off a... Read Story

October 06, 2014, 09:02 AM

Hitachi Government Finance, a division of Hitachi Capital America Corp., today announced that the company completed $1.6 million in accounts receivable financing to government contractors.  Of the deals, Hitachi Government Finance provided an... Read Story

October 01, 2014, 06:52 AM

44 Business Capital recently assisted on a variety of deals this summer including an SBA loan for $1.9 million for MJF Materials of Lindenwold, NJ. This deal allowed the specialty trucking company to go green by purchasing ten new Compressed Natural... Read Story

September 26, 2014, 07:43 AM

Marquette Business Credit, Inc. recently funded a $3 million senior working capital line of credit to a portfolio company of Blue Wolf Capital. The facility will provide future working capital requirements for the borrower as it continues to grow. ... Read Story

September 23, 2014, 07:53 AM

Gibraltar recently completed two deals designed for companies that needed additional flexibility within their lines of credit. By transitioning these companies from the bank to Gibraltar’s more creative, accommodating lending facilities, our goal is... Read Story

September 17, 2014, 07:43 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp., announced that the company recently completed $11.2 million in financing solutions for growing companies. Of the deals, Hitachi Business Finance provided a $1 million A/R... Read Story

September 12, 2014, 02:32 PM

First Growth Capital, a division of First Capital, announced today that it has provided $3.8 million in working capital credit facilities during the months of July and August.  The various facilities are collateralized by the clients’ account... Read Story

September 10, 2014, 07:23 AM

Brookridge Funding announces the completion of $3.8 million of funding facilities for four new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include: $3 million for a NJ distributor of cleaning... Read Story

September 09, 2014, 06:42 AM

Crestmark secured a total of $1.05 million  in financial solutions for three new clients in the last half of August. The transactions include: On August 15, a $500,000 traditional factoring facility was provided to a footwear importer in... Read Story

September 08, 2014, 07:13 AM

Crestmark secured a total of $10.55 million financial solutions for nine new clients in the first half of August. On August 4, a $2 million ledgered line of credit was provided to an outdoor apparel manufacturer in Rhode Island. The funds will be... Read Story

August 21, 2014, 07:14 AM

Koppers Inc., a wholly-owned subsidiary of Koppers Holdings Inc. (NYSE: KOP), today announced that it has completed the acquisition of the Wood Preservation and Railroad Services businesses (collectively, the "Acquired Businesses") of Osmose Holdings... Read Story

August 18, 2014, 07:48 AM

Gibraltar Business Capital announced the company's nationwide loan team has completed over 30 asset based lending and factoring facilities so far this year.  To follow are a few recent completions:Home Materials Supplier: $3.5 MillionThis... Read Story

August 11, 2014, 06:59 AM

Deloitte Corporate Finance LLC (“DCF”) acted as exclusive financial advisor to GraceKennedy Ltd. (“GraceKennedy”), on its acquisition of La Fe Foods, Inc. (“La Fe”).  Founded in 1922, GraceKennedy is one of the Caribbean’s largest food and financial... Read Story

August 08, 2014, 07:15 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation (“Ares Capital”) and an affiliate of GE Capital, announced today that during the second quarter it closed nine financing transactions, including... Read Story

August 07, 2014, 07:40 AM

Crestmark secured a total of $12.2 million in financial solutions for eight new clients in the month of July. The deals include: On July 1, a $500,000 accounts receivable purchase facility was provided to a container distributor in Indiana. The... Read Story

August 05, 2014, 07:26 AM

GemCap entered into an agreement for a $4 million revolver against inventory to a Frozen Food Distributor in California.  The facility allowed for refinancing and provided the company working capital for growth and expansion.  “We finance many types... Read Story

July 31, 2014, 07:03 AM

Brookridge Funding announces the completion of $4.05 million of funding facilities for five new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include: $1.5 million for an Minnesota-based importer of... Read Story

July 23, 2014, 06:44 AM

First Growth Capital, a division of First Capital, announced it has provided $5.5 million in working capital credit facilities during the months of May-June. The various facilities are collateralized by the client’s account receivables and inventory.... Read Story

July 16, 2014, 07:19 AM

Mackinac Commercial Credit closed three transactions in June totaling $3.6 million. Details of the deals include: A Michigan based manufacturer of polyethylene products funded a $2,500,000 ABL line of credit supported by accounts receivable and... Read Story

July 15, 2014, 07:36 AM

Crestmark secured a total of $5.5 million in financial solutions for six new clients in the second half of June. The transactions include: On June 16, a $2,500,000 ledgered line of credit was provided to a paving company in Virginia. The funds... Read Story

July 11, 2014, 07:18 AM

Gibraltar Business Capital announced the following recent transactions totaling $2.25 million to borrowers in diverse industries: Gibraltar structured a $250,000 line of credit to support the rapid growth in sales to larger chain customers such as... Read Story

July 11, 2014, 07:05 AM

North Mill Capital LLC announced the  following transaction closings:  A $250,000 factoring facility to a company that provides fulfillment, warehousing and inventory management services and is located in Minnesota A $250,000 accounts receivable... Read Story

July 10, 2014, 07:08 AM

Hercules Technology Growth Capital, Inc. provided its Q2 2014 portfolio update.“Hercules’ origination activity was very strong during the second quarter, with new commitments totalling $198.6 million,” said Manuel A. Henriquez, co-founder, chairman... Read Story

June 30, 2014, 07:36 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp., announced the company completed $3.2 million in accounts receivable financing in the past two months.  Of the deals, Hitachi Business Finance provided a staffing firm in Virginia... Read Story

June 25, 2014, 07:13 AM

Crestmark announced it closed three recent deals totaling nearly $3.75 million in the first half of June. The deals are: On June 3, a $1.5 million traditional factoring facility was provided to a California manufacturer and distributor of women’s... Read Story

June 20, 2014, 06:52 AM

Gibraltar Business Capital announced it recently closed four new facilities support companies from diverse sectors. The deals are: A $1.5 million revolving line of credit for an athletic shoe designer and manufacturer. The Texas-based specialty shoe... Read Story

June 18, 2014, 07:10 AM

Crestmark secured a total of $9.275MM in financial solutions for five new clients in the second half of May. The transactions include: On May 21, a $7.2 million asset-based lending facility was provided to a staffing company in Texas. A $300,000... Read Story

June 06, 2014, 07:26 AM

Crestmark secured a total of $7,466,000 in financial solutions for ten new clients in the first two weeks of May. The transactions include: On May 1, a $1 million ledgered line of credit was provided to a transportation and warehouse provider in... Read Story

May 23, 2014, 07:33 AM

Brookridge Funding announces the completion of $4.5 million of funding facilities for two new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include: A $3 million facility for an importer of men’s... Read Story

May 21, 2014, 07:12 AM

Gibraltar Business Capital recently completed a record-setting working capital loan. Proving that it can help hopeful companies in need of quick cash flow, Gibraltar recently funded a $500,000 deal in less than one week.After the bank reduced its... Read Story

May 16, 2014, 06:44 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp., today announced that the company completed $950,000 in factoring transactions in April.  Of the deals, Hitachi Business Finance closed a $100,000 factoring facility for a tier-two... Read Story

May 09, 2014, 07:33 AM

Crestmark secured a total of $11,763,500 in financial solutions for six new clients in the final two weeks of April. On April 19, a $500,000 accounts receivable purchase facility was provided to a manufacturer of nutritional products located in... Read Story

May 06, 2014, 07:11 AM

Allied Affiliated Funding is pleased to announce the following recently closed transactions: An $8 million accounts receivable financing facility and $500,000 term loan for a Louisiana-based company providing low, medium, and maximum security... Read Story

May 05, 2014, 09:11 AM

Finacity Corporation announced that it has recently facilitated new asset-based loan ("ABL") facilities for the U.S. affiliates of two of its international corporate clients. The first transaction is a $17 million, three-year borrowing base credit... Read Story

May 02, 2014, 07:23 AM

First Growth Capital, a division of First Capital, announced today that it has provided $5.2 million in working capital credit facilities. The various facilities are collateralized by the client’s account receivables and inventory. The companies... Read Story

April 25, 2014, 07:39 AM

Crestmark secured a total of $11.1 million in financial solutions for four new clients in the first two weeks of April. The transactions are as follows: On April 1, a $4 million revolving line of credit supported by $1.6 million term loan, was... Read Story

April 24, 2014, 07:31 AM

Transfac Capital, Inc., a specialty finance company providing accounts receivable financing to small and mid-sized companies, today announced the company closed 14 specialty finance transactions in the first quarter, ended March 31, 2014. Included... Read Story

April 11, 2014, 07:17 AM

Oxford International Group, LLC, a specialty finance company focusing on the acquisition of illiquid, high quality financial assets, announced the closing of an equity and debt financing transaction with affiliates of Fortress Investment Group.The... Read Story

April 07, 2014, 07:49 AM

Crestmark secured a total of $4,750,000 in financial solutions for three new clients in final two weeks of March. They are: On March 19 a $1.5 million asset based lending facility was provided to a supplier of LED light bulbs in Michigan. The... Read Story

April 03, 2014, 07:29 AM

GemCap announced a $1.0 million term loan to a developer and manufacturer of medical devices.  The loan is based against the company’s machinery and equipment. “The company is pre-revenue and this loan is an important part of funding the research... Read Story

April 03, 2014, 07:12 AM

Brookridge Funding announces the completion of $1.4 million of funding facilities for three new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include: $1 million for a CA importer of audio... Read Story

April 01, 2014, 07:04 AM

Crestmark secured a total of $2.5 million in financial solutions for three new clients in first two weeks of March. The transactions are: On March 7 a $500,000 accounts receivable purchase facility was provided to an oilfield services and trucking... Read Story

March 19, 2014, 07:46 AM

FGI closed a record number of deals in the second half of 2013. The 60 deals that closed showcase the various services FGI provides to help small and mid-market companies grow their businesses, including helping clients secure working capital... Read Story

March 14, 2014, 07:28 AM

Crestmark secured a total of $14.7 million in financial solutions for seven new clients in February. The transactions include: A $1 million ledgered line of credit was provided on February 6 to a digital formatting and recording company located... Read Story

March 06, 2014, 07:07 AM

Presidential Financial, a senior lender which provides working capital, asset-based lending, term debt and SBA financing, is pleased to announce a few of the firm's recently closed transactions. A $7 million Accounts Receivable, Inventory, and Cap... Read Story

March 04, 2014, 07:06 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced that during the fourth quarter it closed 13 financing transactions, including refinancings of existing... Read Story

February 27, 2014, 07:08 AM

Griffin Financial Group announced it advised Lynch Exhibits in the company's recent recapitalization and refinancing of its existing credit facilities. Lynch Exhibits, Inc. is engaged in the design and fabrication of trade show exhibits, permanent... Read Story

February 25, 2014, 07:17 AM

KAR Auction Services, Inc. (the "Company") announced today that it is seeking to refinance its existing Credit Agreement, dated as of May 19, 2011 (as amended, the "Credit Agreement"), that would, among other things, extend the maturity of the... Read Story

February 19, 2014, 07:49 AM

Crestmark secured a total of $7.55 million in financial solutions for four new clients in January. On January 3, a $400,000 equipment term loan was provided to a Texas manufacturer of cable trays and support systems for the purchase of new... Read Story

February 06, 2014, 07:11 AM

GemCap announced it finished 2013 with $10.60 million in credit facilities, including: $1.5 million term loan against machinery and equipment to a manufacturer of parts for the automobile industry. The facility provided bankruptcy exit... Read Story

February 05, 2014, 07:29 AM

North Mill Capital announced the  following transaction closings:       $3 million accounts receivable credit facility and a term loan to a plastic injection molder located in Wisconsin. Funds were utilized to repay current bank debt and provide... Read Story

January 30, 2014, 07:00 AM

Crestmark secured a total of $5,800,000 in financial solutions for five new clients in December. On December 10, a traditional factoring facility was provided to an importer and distributor of bicycles and accessories located in North Carolina. A... Read Story

January 07, 2014, 07:16 AM

TAB Bank is pleased to announce the closing of two transactions during the final week of December.  Each funding represents TAB’s lasting commitment in providing custom financial solutions to small and medium-sized businesses across the United States... Read Story

January 03, 2014, 08:00 AM

Hitachi Business Finance, a division of Hitachi Capital America Corp., announced that they will close 2013 providing more capital to more clients than it has in previous years.“While the lending industry continues to find its footing, 2013 was a... Read Story

December 20, 2013, 07:07 AM

Crestmark secured a total of $4.5 million in financial solutions for three new clients in the second two weeks of November. The transactions are: On November 22, a $1.5 million ledgered line of credit facility with advances on accounts receivable... Read Story

December 06, 2013, 07:24 AM

Crestmark closed a total of $1.6 million in financial solutions for three new clients in first two weeks of November. The deals include: On November 1, a $750,000 ledgered line of credit facility was provided to a Georgia provider of media ink for... Read Story

November 20, 2013, 07:14 AM

ORIX Mezzanine & Private Equity announced a subordinated debt, preferred equity and common equity investment in L&S Mechanical, LLC to run the company along with his existing senior management team and will hold a substantial ownership position in... Read Story

November 14, 2013, 07:51 AM

 Crestmark secured a total of $21,050,000 in financial solutions for six new clients in the second half of October. The transactions inlcude: On October 18, a $4 million asset-based lending facility was provided to a Maryland commercial... Read Story

November 06, 2013, 07:19 AM

In the last two months, Gibraltar Business Capital has closed on almost $15 million in new lines of credit for growing and changing companies from coast to coast. The transactions include: A 20-year-old Illinois-based distributor of custom... Read Story

October 23, 2013, 07:07 AM

Crestmark secured a total of $3.9 million in financial solutions for three new clients in first two weeks of October. On October 8, a $400,000 ledgered line of credit facility was provided to a North Carolina staffing company.  A $1.5 million... Read Story

October 22, 2013, 07:26 AM

FS Investment Corporation ("FSIC"), a business development company focused primarily on investing in the debt securities of private U.S. companies, announced today that it committed over $398 million toward proprietary investments in middle market... Read Story

October 21, 2013, 08:03 AM

Amerisource announced the closing and funding of a $750,000 A/R factoring facility for an underground utility servicer. Proceeds of the facility were used to fund ongoing working capital. The company, located in Indiana, had historically been able to... Read Story

October 16, 2013, 07:29 AM

Brookridge Funding announced the completion of $2.85 million in funding facilities for six new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include: $1,000,000 for a NV importer of electrical... Read Story

October 08, 2013, 07:49 AM

Crestmark secured a total of $14,750,000 in financial solutions for seven new clients in the second half of September. On September 16, a $1,500,000 asset-based lending facility with advances on accounts receivable and inventory was provided to a... Read Story

October 02, 2013, 07:49 AM

Amerisource announced the closing and funding of a $2 million A/R factoring facility for a defense contractor supplying electronic components in upstate New York. New ownership was recently brought in to recapitalize the company, as it had struggled... Read Story

September 12, 2013, 06:53 AM

Prospect Capital Corporation announced it has provided a $50 million floating-rate senior-secured term loan to a leading payments processor.Processor is a leading provider of transaction processing services and point-of-sale ("POS") equipment used by... Read Story

September 09, 2013, 07:53 AM

Presidential Financial, a senior lender which provides working capital, asset-based lending, term debt and SBA financing, is pleased to announce a few of its recently closed transactions. A $4 million accounts receivable and inventory credit... Read Story

August 26, 2013, 07:39 AM

Salus Capital Partners, LLC, an SEC Registered Investment Adviser and subsidiary of Harbinger Group Inc. (NYSE: HRG), announced that it has closed $130 million in new loan commitments during the months of July and August. The $130 million represent... Read Story

August 23, 2013, 07:49 AM

Crestmark secured a total of $3.7 million in financial solutions for four new clients in the first two weeks of August. On August 8, a $1.5 million ledgered line of credit facility was provided to an Oklahoma oil and gas well services company.... Read Story

August 21, 2013, 07:46 AM

The Senior Secured Loan Program (SSLP), jointly managed by an affiliate of Ares Capital Corporation and an affiliate of GE Capital, announced that it closed seven financing transactions, including refinancings of existing portfolio companies... Read Story

August 06, 2013, 03:13 PM

Celtic Bank in Salt Lake City, UT recently closed the following purchase order, working capital financing, and non-recourse factoring transactions: A $1.5 million SBA Contract CAPLine and non-recourse factoring line for a manufacturer and... Read Story

August 05, 2013, 02:12 PM

Crestmark secured a total of $5.25 million in financial solutions for five new clients during the month of July. They include: On July 1, a $750,000 ledgered line of credit facility was provided to New Jersey transportation company. A $1 million... Read Story

August 02, 2013, 07:11 AM

US Capital Partners provided a $1.4 million accounts receivable line of credit and machinery and equipment term loan for OSW Equipment & Repair, Inc. (“OSW”), headquartered in the Greater Seattle Area. US Capital Partners is a private investment bank... Read Story

July 31, 2013, 07:22 AM

GemCap announced the company closed $21.90 million in credit facilities in the second quarter of 2013, including: $7.4 million term loan against machinery and equipment to a manufacturer of fabric for the automobile industry; $6.0 million... Read Story

July 26, 2013, 07:26 AM

Gibraltar Business Capital (GBC) is pleased to announce the following new credit facilities: GBC recently closed on a $1.25 million asset-based line of credit to an IL-based publisher and distributor of K-12 educational technology software and... Read Story

July 19, 2013, 07:48 AM

North Mill Capital is pleased to announce the funding of the following transactions:  A $5 million accounts receivable credit facility to a manufacturer, designer and distributor of medical devices and implants located in Minnesota.  Funds were... Read Story

July 18, 2013, 07:18 AM

Porter Billing Services and Porter Capital Corporation, both divisions of The Porter Capital Group specializing in A/R financing, closed the following deals in June totaling over $2 million: $15,000 non-recourse factoring facility for a... Read Story

July 16, 2013, 07:09 AM

Prospect Capital Corporation announced it recently served as sole agent and provider of floating-rate senior-secured financing to support the recapitalization of Traeger Pellet Grills LLC (Traeger) by investment funds managed by Trilantic Capital... Read Story

July 08, 2013, 07:11 AM

Gibraltar Business Capital (GBC) announced the following recent transactions: GBC recently closed on a $1.5MM factoring line of credit to a PA-based manufacturer and distributor of an organic fertilizer stimulant that promotes strong plant health;... Read Story

June 14, 2013, 07:29 AM

Crestmark secured a total of $15.25 million in financial solutions for eight new clients since May 15. On May 16, a $4  million accounts receivable purchase facility was provided to a Colorado medical staffing agency. On May 17, a $200,000... Read Story

June 04, 2013, 07:11 AM

Crestmark secured a total of $16 million in financial solutions for eight new clients since April 15, 2013. The transactions are as follows: On April 15, a $1 million ledgered line of credit was provided to a California staffing company. On April... Read Story

May 09, 2013, 07:29 AM

Crestmark announced it closed six transactions totaling more than $3 million in the first two weeks of April. They are: On April 5, a $150,000 accounts receivable purchase facility was provided to a Kentucky start-up trucking operation hauling... Read Story

April 19, 2013, 07:07 AM

Penfund, an independent provider of junior capital to middle market companies in North America, announced the completion of a $40 million expansion of the existing $125 million subordinated secured credit facility provided to GoodLife Fitness Centres... Read Story

April 08, 2013, 07:09 AM

Crestmark secured a total of $5.6 million in financial solutions for eight new clients since March 15. The deals are as follows: On March 20, a $1.5 million ledgered line of credit facility with advances on accounts receivable was provided to a... Read Story

April 03, 2013, 07:01 AM

Full Circle Capital announced the closing of two senior secured credit facilities representing a total of $10.4 million of commitments. Full Circle Capital provided a $6.0 million senior secured credit facility to Modular Process Control, LLC (MPC)... Read Story

April 02, 2013, 04:02 PM

PennantPark Floating Rate Capital Ltd. announced that on March 29, 2013, through PennantPark Floating Rate Funding I, LLC, it has entered into an amendment of its amended and restated revolving credit facility with SunTrust Bank, which among other... Read Story

April 02, 2013, 01:13 PM

Griffon Corporation amended and extended its cash flow revolving credit facility pursuant to a previously disclosed commitment letter with JPMorgan Chase Bank N.A and J.P. Morgan Securities LLC. The amended credit facility provides for revolving... Read Story

April 01, 2013, 02:15 PM

CarFinance Capital LLC announced that it has renewed and increased its warehouse credit facility from $200 to $300 million. The increased credit line, which is provided by Deutsche Bank and Credit Suisse, further bolsters the company's ongoing... Read Story

April 01, 2013, 01:26 PM

Stenton Leigh Group completed a round of private non-securitized debt financing for Superhero Scramble, LLC (Superhero). The financing was slated as an aid to the rapid expansion of the Superhero Scramble obstacle races, and the coming years'... Read Story

April 01, 2013, 07:09 AM

Social Finance, Inc., the private student lender, announced today that it has secured a $60 million warehouse line from Morgan Stanley. The facility gives SoFi increased capacity to further expand its successful community-based lending model. SoFi... Read Story

March 27, 2013, 07:24 AM

American Capital announced its Special Situations Group has led the American Capital One Stop Buyout of Service Experts, LLC, a leading provider of sales, installation, maintenance and repair of HVAC systems for the residential and light commercial... Read Story

March 26, 2013, 07:28 AM

THL Credit, Inc. announced the closing of an additional $50 million of commitments to its senior secured revolving loan and term loan credit facilities, which brings the aggregate size of the credit facility to $240 million of commitments. THL Credit... Read Story

March 20, 2013, 07:11 AM

Crestmark secured a total of $5.5 million in financial solutions for seven new clients during the first two weeks of March. On March 4, Crestmark provided a $350,000 ledgered line of credit facility to an Indiana company that manufactures... Read Story

March 19, 2013, 07:40 AM

Gibraltar Business Credit (GBC) announced the following recently closed transactions: GBC recently closed on a $4.5 million asset-based line of credit for a company that provides international mail services to commercial businesses of all sizes.... Read Story

March 18, 2013, 03:04 PM

Monroe Capital announced the funding of an $18.1 million unitranche credit facility to support the growth of a leading provider of outsourced legal services. The company provides temporary legal staffing and discovery management services to large and... Read Story

March 15, 2013, 07:31 AM

BlackRock Kelso Capital entered into a four year $350 million amended and restated senior secured revolving credit facility, which amends and restates its revolving credit facility previously outstanding. The revolving credit facility has a maturity... Read Story

March 14, 2013, 07:28 AM

Detour Gold Corporation reported that it has successfully closed a $135 million senior secured credit facility. The facility is comprised of a $90 million revolving credit facility and a $45 million letter of credit facility. The facility is for a... Read Story

March 13, 2013, 07:49 AM

First Capital announced it has provided a $3 million revolving line of credit to Master Tile Network, Inc., one of the largest independent pool tile distributors in the US. The senior credit facility consists of a working capital revolver... Read Story

March 11, 2013, 08:07 AM

Square 1 Bank provided a $2.25M debt facility to new client Carolus Therapeutics, a biopharmaceutical company. The financing will support future growth. Founded in 2008, Carolus Therapeutics is committed to the development of innovative new drugs... Read Story

March 07, 2013, 08:04 AM

In a press release issued by King Trade Capital, the company announced a Connecticut and California based distributor of home goods and accessories approached King Trade Capital with a problem and an opportunity. For many years, the client had sold... Read Story

March 07, 2013, 07:42 AM

Web.com Group, a provider of internet services and online marketing solutions for small businesses, announced it has increased its first lien credit facility at an improved interest rate, and used the proceeds from the increase to retire its more... Read Story

March 05, 2013, 08:01 AM

FGI Finance announced that it closed 10 new deals in the last six weeks of 2012. These transactions varied in size and complexity, as FGI provided increased funding to small-capital domestic businesses and multi-jurisdictional financing to larger... Read Story

March 05, 2013, 07:33 AM

RMP Trade Credit (RMPTC) announced the recent closing of two transactions. The details of the transactions include: A $1.5 million Purchase Order Facility for an importer of metals. RMPTC is securing the materials through letters of credit for... Read Story

March 05, 2013, 07:10 AM

First Capital provided a $13.5 million asset-based senior credit facility to a distributor of automotive accessories.  The senior credit facility is collateralized by accounts receivable and inventory. First Capital was selected as the working... Read Story

March 04, 2013, 07:56 AM

During the month of February, Crestmark funded a total of $24,350,000 in financial solutions for 12 new clients. Crestmark provided a $750,000 ledgered line of credit facility to a Michigan general labor staffing services company on February 5.... Read Story

March 04, 2013, 07:26 AM

Federal National Commercial Credit provided working capital financing lines to three small businesses, totaling $6.1 million. The deals include: $5 Million Government Contract Financing Line for a Provider of Military Services and Consulting $600... Read Story

March 04, 2013, 07:07 AM

Simple Products Corp. of Sandy, UT has chosen TAB Bank for a $750,000 senior revolving credit facility. The new facility has been extended through a multi-year agreement. Simple Products Corp. is a wholesale and e-commerce merchandise company that... Read Story

March 04, 2013, 07:02 AM

King Trade Capital provided a $1.8MM purchase order facility for an eyewear frame and accessory designer. KTC’s financing offered a solution that allows the company to fulfill a $3MM national rollout for a big box retailer. KTC’s PO finance facility... Read Story

March 01, 2013, 07:46 AM

Mitel, a leading provider of cloud and premises-based unified communications and collaboration (UCC) solutions, announced the company has completed the refinancing of its first and second lien credit facilities with $320 million in new senior secured... Read Story

February 28, 2013, 07:46 AM

Bridge Bank announced it has provided PowerAdvocate with a multi-million dollar financing facility to support capital growth as the company expands its presence in the energy sector and enters new markets. "We are pleased to be working with Bridge... Read Story

February 28, 2013, 07:31 AM

Bibby Financial Services has funded a Miami-based textile manufacturing company that designs and produces premium quality t-shirts, fleece outerwear and sportswear for wholesalers and retail brands. The company will use the increased cash flow to... Read Story

February 27, 2013, 07:27 AM

Tronox Limited announced that it has received a commitment for a new $1.3 billion senior secured term loan provided by Goldman Sachs, UBS, Credit Suisse, and RBC Capital Markets. The funds will be used for general corporate purposes and/or potential... Read Story

February 27, 2013, 07:11 AM

Cole Taylor Business Capital recently announced the funding of a $5.9 million facility for Western Shelter Systems. Proceeds of the facility are being used to support the acquisition of assets by Gorge Holdings, LLC, and to fund ongoing working... Read Story

February 26, 2013, 07:52 AM

Integra Telecom, a provider of fiber-based, enterprise-grade networking, communications and technology solutions, has closed its new $845 million senior secured credit facilities. The credit facilities include a $60 million revolving credit facility... Read Story

February 26, 2013, 07:26 AM

Square 1 Bank provided a credit facility to new client, San Francisco-based ROI DNA, a full service ecommerce marketing agency. Proceeds will be used to provide working capital to support growth. The company, backed by Steve Anderson of Baseline... Read Story

February 26, 2013, 07:11 AM

Gibraltar Business Capital (GBC) announced the following recently closed transactions: GBC recently closed on a $2.5 million asset-based line of credit for a company that provides education data management solutions to K-12 schools primarily in... Read Story

February 22, 2013, 07:51 AM

Salus Capital Partners announced it has provided a $10 million senior secured collateral-based working capital facility to a leading company that acquires vintage or classic automobiles for the purpose of resale. Salus has amended its original... Read Story

February 22, 2013, 07:31 AM

Petrowest Corporation entered into a new three-year, Canadian $50 million syndicated credit facility with GE Capital Canada. The new facility is comprised of two sub-facilities: a $45 million term facility which has been fully drawn and a $5 million... Read Story

February 21, 2013, 07:25 AM

CIT Group Inc., a leading provider of financing and advisory services to small businesses and middle market companies, today announced that it arranged and syndicated a senior secured credit facility to support the growth strategy of Dallas-based... Read Story

February 20, 2013, 08:31 AM

MCG Capital Corporation announced the closing of two follow-on investments aggregating $10.1 million in Community Intervention Services (CIS) to support its acquisition of Access Family Services and Family Behavioral Resources. MCG’s investments were... Read Story

February 20, 2013, 07:09 AM

GE Capital, Corporate Finance announced it is administrative agent on an incremental $200 million credit facility to Waupaca Foundry, Inc. The funds were used to support a dividend recapitalization. GE Capital Markets served as lead arranger for the... Read Story

February 19, 2013, 08:03 AM

Marquette Business Credit recently provided OttLite Technologies with a $7 million revolving line of credit and a $500,000 cash flow term loan. A Prism Capital portfolio company and located in Tampa, FL, OttLite is a premiere designer and marketer... Read Story

February 15, 2013, 08:05 AM

Staffing 360 Solutions, an emerging growth public company engaged in the provision of staffing services in IT, financial, accounting, healthcare and banking industries, announced it signed an agreement to establish a credit facility with Sterling... Read Story

February 14, 2013, 08:03 AM

Since RMP Capital’s newly formed Purchase Order Financing Company, RMP Trade Credit, was created in 2012 it has been gaining a lot of momentum in the industry. Richard Eitelberg, director of business development at RMP Trade Credit, and his team have... Read Story

February 13, 2013, 08:06 AM

Square 1 Bank is providing a $2.5 million credit facility to Austin-based Hospitalists Now Inc., a hospital management company dedicated to providing customized solutions to improve clinical and operational outcomes in hospitals and private medical... Read Story

February 13, 2013, 07:42 AM

Porter Billing Services and Porter Capital Corporation, both divisions of The Porter Capital Group specializing in A/R financing, closed the following deals in January totaling $705,000: $25,000 non-recourse factoring facility for a transportation... Read Story

February 13, 2013, 07:16 AM

Amerisource announced the closing of a $2.5 million asset-based line of credit for a staffing company in Florida, with proceeds of the facility used to refinance higher cost indebtedness and for additional working capital. Founded in 1984 and... Read Story

February 12, 2013, 05:04 PM

First Capital announced it has provided a $6.8 million asset-based credit facility to Valley Oil Company, a fuel and oil products distributor. The senior credit facility consists of a working capital revolver secured by accounts receivable and... Read Story

February 12, 2013, 08:04 AM

Teletouch Communications, Inc., a U.S. cellular services provider and consumer electronics distributor, announced it entered into a new, two-year, $6 million senior secured asset-based revolving credit facility, with a starting interest rate of 14%... Read Story

February 12, 2013, 07:32 AM

Birch Communications,an IP-based telecom and managed services provider to small- and medium-sized businesses, announced CoBank is now a syndicated lender in Birch's senior secured credit facility. CoBank's commitment of $12 million will increase the... Read Story

February 12, 2013, 07:11 AM

High Liner Foods Incorporated, a leading North American value-added frozen seafood company, announced today that it concluded amendments to its senior secured term loan and asset-based revolving loan facility. RBC Capital Markets acted as lead... Read Story

February 11, 2013, 07:48 AM

American Capital announced that in December 2012, it committed $89 million in the One Stop Buyout® of ASAP Industries, in a transaction led by Kevin W. Kuykendall , former Managing Director of the American Capital Energy Group, and Miles Arnone , an... Read Story

February 11, 2013, 07:29 AM

Starbucks Coffee Company announced the renewal of its unsecured, revolving credit facility, which increases borrowing capacity from $500 million to $750 million. The credit facility is scheduled to mature on February 5, 2018, and replaces the current... Read Story

February 11, 2013, 07:09 AM

IMAX Corporation entered into an amended senior secured credit facility for up to $200 million with Wells Fargo Bank, National Association with the participation of Export Development Canada (EDC), the Canadian Imperial Bank of Commerce (CIBC), the... Read Story

February 08, 2013, 07:48 AM

The Ensign Group that along with its operating subsidiaries, the company has increased its revolving credit facility $75 million to an aggregate of $150 million, $20 million of which was drawn as of February 1, 2013. The amendment also extended the... Read Story

February 07, 2013, 09:32 AM

First Capital announced that it has provided an $8.5 million asset-based senior credit facility to manufacturer of outdoor and specialty signs. The senior credit facility is collateralized by accounts receivable and inventory. First Capital was... Read Story

February 07, 2013, 07:38 AM

LMI Aerospace, a supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, successfully completed the syndication of $350 million senior secured credit facilities to... Read Story

February 06, 2013, 08:08 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for $37 million in senior credit facilities to support First... Read Story

February 06, 2013, 07:35 AM

Crestmark secured a total of $16.5 million in financial solutions for nine new clients during the last weeks of January. On January 14, Crestmark provided a $1,000,000 ledgered line of credit facility for a California manufacturer and distributor... Read Story

February 06, 2013, 07:21 AM

Marquette Business Credit announced the successful closing of a senior debt refinancing for Support Services of America, Inc. (SSA) under an $8 million revolver and cash flow term loan facility to support working capital and future growth. FocalPoint... Read Story

February 05, 2013, 11:28 AM

CIT Group, a leading provider of financing and advisory services to small businesses and middle market companies, today announced that it arranged a $50 million senior secured term loan to Avenel, NJ-based Dana Transport, one of the transport... Read Story

February 05, 2013, 08:08 AM

FirstMerit Bank Business Credit announced it closed a new $6.7 million revolving credit loan and lease facility to Addison McKee, Inc. on January 24, 2013. Proceeds of the facility were used to refinance existing debt and provide ongoing working... Read Story

February 04, 2013, 07:30 AM

Cole Taylor Business Capital announced the funding of a $5 million facility for Fresh Foods Concepts, Inc. The Buena Park, CA, company is a manufacturer and distributor of fresh foods sold in grocer, club, and mass merchant venues across the United... Read Story

February 04, 2013, 07:06 AM

Audax Group announced it has completed a recapitalization of Heckethorn Products Inc., d/b/a Rough Country Suspension Systems (“Rough Country”) in partnership with management. GE Capital Corporation and BMO Capital Markets provided senior debt... Read Story

February 01, 2013, 07:53 AM

Park Electrochemical announced that it has entered into a five-year revolving credit facility agreement with PNC Bank, National Association. The credit facility agreement provides for loans of up to $52 million to the company and, subject to the... Read Story

February 01, 2013, 07:46 AM

Republic Business Credit announced it provided a $2.5 million facility to a growing Houston-based food processor.The business needed financing on a broad asset base to support its comprehensive growth plans. Republic worked with its existing... Read Story

January 31, 2013, 08:07 AM

CIT Group, a leading provider of financing to small businesses and middle market companies, announced that CIT Real Estate Finance arranged a $26 million senior secured term loan for Metropolitan Properties of America (MPA), a full-service real... Read Story

January 30, 2013, 08:31 AM

SSG Capital Advisors acted as the exclusive investment banker to Brenner Aerostructures in its sale to an affiliate of The Atlas Group, a portfolio company of Graham Partners. The transaction closed on December 31, 2012. Based in suburban... Read Story

January 30, 2013, 07:56 AM

US Capital Partners, LLC has provided $22 million in financing for a fast-growing US firm in the oilfield services sector headquartered in Oklahoma. “We are delighted to have supported this fast-growing business in the energy industry,” said Jeffrey... Read Story

January 30, 2013, 07:17 AM

MCG Capital announced the closing of a $23.7 million investment in Oceans Acquisition Inc. MCG’s investment consists of a senior secured unitranche credit facility and revolving line of credit. Oceans Healthcare is a Louisiana healthcare company... Read Story

January 30, 2013, 07:06 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was sole lead arranger, sole bookrunner and is administrative agent for $21 million in senior credit facilities to support the... Read Story

January 29, 2013, 08:07 AM

Monroe Capital announced the funding of a $37.85 million unitranche credit facility to support the recapitalization of MooreCo Inc., a portfolio company of Webster Capital. Based in Temple, TX, MooreCo Inc. is a leader in the educational and... Read Story

January 29, 2013, 07:16 AM

TCF Capital Funding, the Chicago-based leveraged finance division of TCF National Bank, announced today that it provided $13.5 million in senior secured credit facilities to support the acquisition of Gullett and Associates, Inc. by Linx Partners and... Read Story

January 29, 2013, 07:09 AM

Princeton, NJ-based North Mill Capital announced the firm recently closed three transactions totaling $4.55 million. Details of the transactions are as follows: A $2.6 million credit facility to a processor and converter of protective and... Read Story

January 29, 2013, 07:02 AM

First Capital provided a $13 million Accounts Receivable Purchase Facility to the U.S. subsidiary of a global manufacturer of specialty chemicals. The facility is in the form of a non-notification factoring agreement and is collateralized by a... Read Story

January 28, 2013, 08:03 AM

King Trade Capital (KTC) announced the recent funding of a $1.25 million purchase order finance facility for a Florida-based importer of active wear apparel. King Trade Capital was introduced to the client by their factoring company after the client... Read Story

January 28, 2013, 07:35 AM

GE Capital, Franchise Finance recently provided $4.4 million to Romulus Restaurant Group, an IHOP franchisee for the acquisition of six stores in Oklahoma. The financing was provided through GE Capital's bank affiliate, GE Capital Bank. "We chose GE... Read Story

January 24, 2013, 08:02 AM

King Trade Capital (KTC) announced the recent funding of a $1 million purchase order finance facility for a New York based importer of wireless accessories. KTC was introduced by the client’s factoring company as its client was seeking to establish... Read Story

January 24, 2013, 07:11 AM

Salus Capital Partners announced it has provided a $3 million senior secured term loan to Total Hockey, Inc. The company is a specialty hockey equipment retailer with 21 retail locations and distribution centers in the greater Chicago, Minneapolis-St... Read Story

January 23, 2013, 08:58 AM

Wells Fargo & Company said it has provided $24.8 million in senior debt financing for Centerstone Linen Services, which owns and operates healthcare textile plants in New York, Pennsylvania, Ohio, Maryland, West Virginia, North Carolina and Tennessee... Read Story

January 23, 2013, 07:51 AM

First Capital, a national commercial finance company, provided a $6.85 million revolving line of credit to a manufacturer of custom store fixtures for the grocery and specialty retail markets. The senior credit facility consists of a $6.5 million... Read Story

January 23, 2013, 07:49 AM

EdR, one of the nation's largest developers, owners and managers of collegiate housing, announced the closing of a restatement and amendment to its revolving credit facility. The credit facility will increase in size to $375 million from $175 million... Read Story

January 22, 2013, 07:53 AM

Keltic Financial Services announces the recent funding of a $3,750,000 senior secured revolving line of credit and term loan for Excelso Coffee.  The facility was comprised of a $2,500,000 revolving line of credit and two term loans totaling... Read Story

January 21, 2013, 08:30 AM

Federal National Commercial Credit recently provided four working capital financing lines to the following small businesses, totaling $4 million: $2 million working capital financing line for SDVOSB Information Security Management Company $1.5... Read Story

January 18, 2013, 06:59 AM

PNC Financial Services Group announced $25 million in senior secured revolving credit for Superior Coring Systems, Inc. Headquartered in Alberta, Superior Coring provides core sampling and drilling services primarily to oil and gas producers... Read Story

January 17, 2013, 08:15 AM

Oxford Finance, a specialty finance firm that provides senior debt to life sciences and healthcare services companies, closed a $30 million round of debt financing for Halozyme Therapeutics, Inc. Silicon Valley Bank also participated in this... Read Story

January 17, 2013, 07:47 AM

First Capital provided a $7.5MM revolving line of credit to Crash Rescue Equipment Service, a remanufacturer of high-end fire and rescue trucks. The senior credit facility consists of a $6 million working capital revolver collateralized by accounts... Read Story

January 16, 2013, 07:50 AM

Keltic Financial Services announces the recent funding of a $5.9 million senior secured credit facility consisting of a $4 million revolving line of credit and a $1.9 million term loan to Abercrombie Textiles, a domestic weaver of flat woven... Read Story

January 16, 2013, 07:31 AM

Crestmark announced a total of $4.55 million in financial solutions were secured for five new Crestmark clients during the first two weeks of January. On January 4, a $350,000 accounts receivable ledgered line of credit facility was provided for a... Read Story

January 15, 2013, 02:44 PM

Cole Taylor Business Capital announced the funding of a $5.5 million facility for ATS Workholding, Inc., of Rancho Santa Margarita, California. A portfolio company of Los Angeles based private equity fund Vintage Capital Partners, ATS manufactures... Read Story

January 15, 2013, 07:58 AM

CIT Real Estate Finance arranged a first lien term loan for Kushner Companies, a diversified real estate company headquartered in New York City. The financing will be used to renovate a 1,000-unit residential apartment complex in the Northeast.... Read Story

January 14, 2013, 08:00 AM

Maranon Capital provided senior and mezzanine debt to support Crimson Investment’s purchase of Ameda, Inc. from Evenflo Company. Maranon also invested equity in the transaction alongside Crimson. With a company history that spans over 70 years... Read Story

January 14, 2013, 07:47 AM

Gemino Healthcare Finance announced it has provided a $4 million revolving line of credit and a $3.35 million term loan to Integra Partners. The proceeds are being used to pay off existing debt and for working capital purposes. Headquartered in New... Read Story

January 11, 2013, 08:16 AM

Peerless Network, a provider of carrier and enterprise interconnection services, has secured $15 million in debt financing from Square 1 Bank. Peerless will use the financing to fund network growth, provide additional data center capacity and enter... Read Story

January 11, 2013, 07:27 AM

PNC Riverarch Capital announced the acquisition of a controlling interest in Goldco, LLC, one of the largest Burger King franchisees in the United States. Concurrent with the closing of the transaction, Goldco acquired 33 restaurants located in... Read Story

January 10, 2013, 04:28 PM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it is administrative agent for $31 million in senior credit facilities to Dave’s Killer Bread, a Goode Partners portfolio... Read Story

January 10, 2013, 04:04 PM

Star Funding Inc., which specializes in purchase order finance and A/R financing, recently closed $8.5 million in the following transactions: $1 million purchase order finance and factoring facility for a New York-based manufacturer and... Read Story

January 10, 2013, 03:15 PM

Keltic Financial Services announced the recent funding of a $6 million senior secured revolving line of credit to IGXGLOBAL CORP, a subsidiary formed by iGambit Inc. to purchase the business of IGXGlobal, Inc. and IGXGlobal UK Limited. IGXGlobal is... Read Story

January 10, 2013, 02:05 PM

Monroe Capital announced the funding of a $35 million unitranche credit facility and an equity co-investment to support the growth and recapitalization of a healthcare services provider by private equity sponsor, Centre Partners. Based in the Los... Read Story

January 10, 2013, 07:52 AM

MCG Capital announced the closing of a $14.9 million investment in Hammond’s Candies Since 1920 II, LLC. MCG’s investment consists of a subordinated term loan, and a senior secured term loan and revolving credit facility. Cambridge Information Group... Read Story

January 10, 2013, 07:47 AM

Main Street Capital Corporation recently closed two transactions, including a new portfolio investment and the partial exit of an existing portfolio investment. The new portfolio investment includes $40.5 million of invested capital in Quality Lease... Read Story

January 10, 2013, 07:31 AM

CIT Group announced that it arranged and syndicated $199 million in senior secured credit facilities to support the recapitalization of BarrierSafe Solutions International in conjunction with its acquisition of ONGUARD Industries, LLC. BarrierSafe... Read Story

January 09, 2013, 08:31 AM

AloStar Business Credit has provided a $5 million revolving credit facility to Southeastern Aluminum Products (SEAP), a leading manufacturer of bath enclosures and shower doors. In addition to the revolving credit facility, AloStar has also provided... Read Story

January 09, 2013, 07:49 AM

CIT Group announced that it arranged a $24 million senior secured credit facility for a 12.3 megawatt solar photovoltaic energy installation at Joint Military Base McGuire-Dix-Lakehurst in Burlington County, NJ. The installation is a portfolio... Read Story

January 08, 2013, 08:11 AM

BMO Harris Bank’s Asset Based Lending group announced it was the administrative agent on a $50 million asset based revolving credit facility to Prince Minerals. Prince Minerals is a leading global processor and value-added distributor of specialty... Read Story

January 08, 2013, 07:48 AM

Monroe Capital announced the funding of a $46.5 million unitranche credit facility to support the recapitalization of Conisus, LLC by private equity sponsor, Webster Capital. Based in Atlanta, GA, Conisus offers innovative, scientific-oriented... Read Story

January 08, 2013, 07:32 AM

Prospect Capital provided $70 million of debt financing for the acquisition of Thomson Reuters Property Tax Services by Ryan, LLC. With a history together with predecessors dating back to 1991, Ryan is a global tax services firm headquartered in... Read Story

January 08, 2013, 07:10 AM

CIT Group provided a senior secured unitranche credit facility to AGC Composites & Aerostructures, a division of Oklahoma-based AGC Aerospace & Defense, for the acquisition of Paul Fabrications Ltd., in the U.K. AGC Composites & Aerostructures, a... Read Story

January 07, 2013, 08:12 AM

Oxford Finance, a specialty finance firm that provides senior debt to life science and healthcare services companies, closed a $16 million senior secured term loan and $4 million revolving line of credit with American Senior Living Communities (ASLC)... Read Story

January 07, 2013, 07:32 AM

BMO Harris Bank’s Sponsor Finance group, a provider of middle-market leveraged finance solutions, announced it was joint lead arranger, sole bookrunner and is administrative agent for $50 million in senior credit facilities to support the acquisition... Read Story

January 04, 2013, 08:00 AM

Agile Therapeutics and Oxford Finance closed a term loan facility for up to $15 million. The company will use the additional funding to advance its product pipeline and prepare for commercialization activities. Agile is developing a once-weekly... Read Story

January 04, 2013, 07:46 AM

TAB Bank announced it has provided a $2.5 million senior revolving credit facility through a multi-year agreement for Eagle One Golf of Anaheim, CA. Eagle One Golf designs and manufactures thousands of environmentally friendly, durable and aesthetic... Read Story

January 04, 2013, 07:20 AM

Square 1 Bank is providing a $5 million debt facility to new, San Jose-based client, Kovio, Inc., whose investors include Kleiner Perkins Caufield & Byers, DAG Ventures, and Tyco, among others. Proceeds of the credit facility will be used to support... Read Story

January 03, 2013, 08:13 AM

Main Street Capital Corporation recently closed a new portfolio investment totaling $8.9 million of invested capital in Hydro Ex Acquisition, the parent company of Texas ReExcavation, LC (T-Rex). Main Street's investment consists of $6.0 million in... Read Story

January 03, 2013, 07:52 AM

Celtic Bank recently closed the following factoring and working capital financing transactions: A $1 million SBA Working Capital CAPLine and a non-recourse Collection Factoring facility for a designer and wholesaler of women’s apparel located in... Read Story

January 03, 2013, 07:46 AM

Emmis Communications Corporation annouced completion of a new $100 million credit agreement that will be used to refinance the company's existing Term Loan B, Extended Term Loan B, Senior Unsecured Notes, and for general corporate purposes. The new... Read Story

January 02, 2013, 11:00 AM

LMI Aerospace, a supplier of structural assemblies, kits and components and provider of design engineering services to the aerospace and defense industries, announced that it completed its acquisition of Valent Aerostructures on December 28, 2012.... Read Story

January 02, 2013, 08:05 AM

Prospect Capital provided a $30 million first-lien senior secured loan to support the recapitalization of Spartan Energy Services, a provider of thru tubing and flow control services to oil and gas companies operating throughout the United States.... Read Story

January 02, 2013, 07:51 AM

Main Street Capital Corporation completed two new lower middle market portfolio investments totaling $35.1 million in invested capital. Main Street recently closed a $21.1 million investment in Bond-Coat, Inc. Main Street's investment in Bond-Coat... Read Story

January 02, 2013, 07:24 AM

Universal Power Group, a Texas-based distributor and supplier of batteries and related power accessories, and a third-party logistics provider, announced the signing of a four-year credit agreement and term loan with Comerica Bank. The $30 million... Read Story

December 28, 2012, 08:08 AM

Babson Capital Management announced it provided subordinated debt and made an equity co-investment to support River Associates Investments’ investment in Rose City Printing & Packaging Inc. Babson Capital was the sole provider of subordinated debt... Read Story

December 28, 2012, 07:57 AM

SK Capital Partners, a US-based private investment firm, signed asset and share purchase agreements to acquire the Textile Chemicals, Paper Specialties, and Emulsions businesses of Clariant. Together, the businesses generate revenues of approximately... Read Story

December 28, 2012, 07:49 AM

Monroe Capital Corporation announced that current loan commitments on its syndicated credit facility led by ING Capital have increased by $10 million to $65 million. As previously disclosed, the company's revolving credit facility can expand up to a... Read Story

December 27, 2012, 08:12 AM

Phillips Edison–ARC Shopping Center REIT entered into a $40 million senior secured revolving credit facility with KeyBank National Association with an accordion feature up to $250 million, subject to the terms and conditions of the facility. This... Read Story

December 27, 2012, 07:52 AM

MicroFinancial Incorporated, a financial intermediary specializing in vendor-based leasing and finance programs for microticket transactions, announced that its operating subsidiary, TimePayment Corp., has increased its revolving line of credit from... Read Story

December 27, 2012, 07:48 AM

BMO Harris Bank’s Sponsor Finance group, a provider of middle market leveraged finance solutions, announced it was the sole lead arranger, sole bookrunner and is administrative agent for $102 million in credit facilities for Fieldbrook Foods... Read Story

December 24, 2012, 08:05 AM

Entravision Communications entered into a new $50 million credit facility, consisting of a $20 million term loan and a $30 million revolving credit facility. The new credit facility replaces the company's existing $50 million revolving credit... Read Story

December 24, 2012, 07:58 AM

Armtec Infrastructure completed a refinancing of its senior secured loan facility with a Brookfield Asset Management Company comprised of a $60 million revolving asset-based loan with Canadian Imperial Bank of Commerce and a $110 million term loan... Read Story

December 24, 2012, 07:57 AM

Xinergy Ltd., a Central Appalachian coal producer, entered into a credit agreement with Bayside Finance, providing for a $20 million senior secured term loan, as contemplated by the financing commitment entered into on October 27, 2012 with Bayside... Read Story

December 24, 2012, 07:49 AM

TriMas Corporation, a diversified global manufacturer of engineered and applied products, announced it entered into an amendment of its accounts receivable facility with Wells Fargo Bank, N.A. The amended facility has been extended until October 11... Read Story

December 24, 2012, 07:16 AM

FelCor Lodging Trust Incorporated amended and restated its $225 million secured line of credit facility. Pricing and other terms of the amended facility have been improved significantly. The facility now matures in June 2017 (extended from August... Read Story

December 21, 2012, 06:49 AM

SSG Capital Advisors acted as the exclusive investment banker to Advanced Communications, Inc. in the sale of substantially all of its assets to an affiliate of Resilience Capital Partners. The sale closed in October, 2012. Based in Canton, MI, ACI... Read Story

December 20, 2012, 09:05 AM

CIT Group Inc. arranged and syndicated $90 million in senior secured credit facilities to support Epic Health Services’ acquisitions of Santé Pediatric Services and AmeriCare. Epic Health Services is a portfolio company of Webster Capital, a... Read Story

December 20, 2012, 08:30 AM

Balboa Capital Corporation announced the acquisition of a revolving credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company. Balboa Capital will use this additional capacity to fund the company’s complete portfolio of... Read Story

December 20, 2012, 08:11 AM

PNC Riverarch Capital announced the acquisition of a controlling interest in Precision Aviation Group, Inc. (PAG), a leading provider of aviation maintenance, repair and overhaul services. Senior debt for the transaction was provided by Fifth Third... Read Story

December 20, 2012, 08:01 AM

Frozen Food Express Industries amended its $50 million secured asset-based credit agreement with Bank of America. The amendment allows additional availability of funds against the company's $50 million credit facility by lowering the availability... Read Story

December 19, 2012, 05:30 PM

Prospect Capital provided a $38.2 million first-lien senior secured loan to support the merger of Total Fleet Solutions (TFS), controlled by CI Capital Partners, with The Miner Corporation to form a top provider of facilities services and asset... Read Story

December 19, 2012, 08:02 AM

Monroe Capital announced the funding of a $21 million unitranche credit facility to support the recapitalization of a retail consumer products company of private equity sponsor Blackstreet Capital. Monroe Capital LLC is a leading provider of senior... Read Story

December 19, 2012, 07:26 AM

Amerisource Funding announced the closing and funding of a $1 million credit facility for a business consulting and inspections firm in New York, with proceeds of the facility used to refinance higher cost debt and to provide additional growth... Read Story

December 19, 2012, 06:59 AM

Star Funding provided a $15 million financing to a growing manufacturer and distributor of consumer electronics.  The facility will be used to provide purchase order finance and accounts receivable factoring, enabling the company to expand its... Read Story

December 18, 2012, 10:00 AM

Babson Capital provided subordinated debt and equity to support One Rock Capital Partners’ acquisition of Petroplex Acidizing Inc. Babson Capital co-led the subordinated debt on the transaction. Petroplex, headquartered in Midland, TX is a leading... Read Story

December 18, 2012, 08:11 AM

Cenveo Corporation has completed the steps necessary to refinance the remainder of its 7.875% senior subordinated notes due 2013. The company received the necessary consents to amend and supplement its existing senior secured credit agreement to... Read Story

December 18, 2012, 08:03 AM

Metals USA entered into a new seven year senior secured term loan in the amount of $225 million and has redeemed all $226.3 million of its outstanding 11 1/8% Senior Secured Notes due 2015. The new term loan bears interest at LIBOR plus 5.0%, and... Read Story

December 18, 2012, 07:47 AM

FirstMerit Bank Business Credit announced it closed a new $35 million revolving credit loan facility to Ervin Equipment, Inc., on November 21, 2012. Proceeds of the facility were used to refinance existing debt and provide ongoing working... Read Story

December 17, 2012, 08:07 AM

MGM Resorts International priced its $4 billion senior secured credit facilities, which includes a $1.2 billion revolving facility, a $1.05 billion term loan  A facility and a $1.75 billion term loan B facility. The revolving and term loan A... Read Story

December 17, 2012, 07:36 AM

MedAssets, Inc. announced the completion of a new $750 million senior secured credit facility. Proceeds were used to extinguish the company’s existing $484 million Term Loan B due 2016 and $150 million revolving credit facility due 2015, of which $90... Read Story

December 14, 2012, 07:34 AM

Curis, Inc. a drug development company seeking to develop next generation targeted small molecule drug candidates for cancer treatment, closed the previously announced $30 million debt transaction with BioPharma Secured Debt Fund II Sub, an... Read Story

December 14, 2012, 07:30 AM

CanWel Building Materials Group announced the renewal of its credit facility with its lender, Wells Fargo Capital Finance Corporation (Canada). CanWel has renewed its $275 million senior revolving facility, along with its additional $50 million... Read Story

December 13, 2012, 08:09 AM

Square 1 Bank, a banking partner to entrepreneurs and the venture capital community, provided a credit facility to RTP-based Heat Biologics, Inc., a clinical-stage immunotherapy company. Proceeds of the credit facility will be used to support ongoing... Read Story

December 13, 2012, 07:48 AM

SaaS Capital, the pioneer provider of debt financing for SaaS businesses, today announced that it has provided a $1.5 million line of credit to MBA Focus. Based in Columbus, OH, MBA Focus is a provider of advanced recruitment technology that... Read Story

December 13, 2012, 07:31 AM

GE Capital, Franchise Finance recently provided a $7.17 million loan to The Cain Holding Group, a Panera Bread franchisee. The loan will be used to refinance existing debt, remodel two existing locations, and fund new construction of three locations.... Read Story

December 12, 2012, 08:11 AM

SSG Capital Advisors acted as the exclusive investment banker to Lower Bucks Hospital (LBH) in the sale of substantially all of its and certain of its affiliates' assets to Prime Healthcare Services (Prime). The sale closed in October 2012. Founded... Read Story

December 12, 2012, 07:59 AM

First Capital provided a $4 million asset-based credit facility to a provider product marketing services to big box retailers. The senior credit facility consists of a working capital revolver secured by accounts receivable and inventory. First... Read Story

December 12, 2012, 07:53 AM

First Capital, a specialized commercial finance company, announced that it has provided a $6,000,000 Asset-Based lending facility to a producer and distributor of frozen pies and baked goods located in Southern California.  The credit facility is... Read Story

December 10, 2012, 08:37 AM

Vance Street Capital, a Los Angeles-based private equity firm, sold Micross Components, a global provider of specialty electronic components, to Insight Equity, a private equity firm. Terms of the transaction were not disclosed.Vance Street acquired... Read Story

December 10, 2012, 07:00 AM

StoneCastle Securities LLC, a leading provider of private equity and debt capital placement services, announced that it was the exclusive placement agent in securing a $50 million line of credit for Veritas Financial Partners ("Veritas")... Read Story

December 07, 2012, 07:36 AM

Gibraltar Business Capital (GBC) recently closed on two new asset-based lines of credit for Michigan-based businesses. The first transaction is a $900,000 asset-based line of credit to a wholesale distributor of plumbing, heating, & water well... Read Story

December 06, 2012, 08:07 AM

AloStar Business Credit has provided a $5 million senior secured revolving credit facility to Distinctive Apparel, an online and catalog retailer of affordable and trend-driven women’s apparel. Headquartered in Randolph, MA, Distinctive Apparel is... Read Story

December 05, 2012, 08:15 AM

Crossroads Financial is pleased to announce that it has provided a $1 million purchase order financing facility for the benefit of a nutritional products manufacturer and distributor.  The PO financing facility is being utilized to acquire raw... Read Story

December 05, 2012, 08:12 AM

Walter Investment Management Corp. ("Walter Investment" or the "Company") announced that it completed the refinancing of its senior secured debt.Credit Suisse Securities (USA) LLC, Morgan Stanley Senior Funding, Inc. and BofA Merrill Lynch assisted... Read Story

December 04, 2012, 08:00 AM

Starwood Hotels & Resorts Worldwide closed a new $1.75 billion senior credit facility on November 30, 2012. The new facility matures on February 28, 2018, or such later date as may be adjusted from time to time, and replaces its existing $1.5 billion... Read Story

December 03, 2012, 08:22 AM

Fifth Street Finance announced the successful amendment of the terms of its syndicated bank credit facility led by ING Capital. The amended facility includes an increase in size to $380 million from $230 million and an increase in the accordion... Read Story

December 03, 2012, 08:03 AM

Fulcrum Capital Partners announced it has provided mezzanine financing to Helical Pier Systems., an Edmonton, Alberta-based provider of foundation products and services. The debt financing, which will support Helical’s continued growth, was done in... Read Story

December 03, 2012, 07:49 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the sole lead arranger, sole bookrunner and is administrative agent for $24 million in senior credit facilities to Fosbel Inc.... Read Story

November 29, 2012, 08:13 AM

NewStar Business Credit provided $10MM senior secured financing to McCollister's Transportation Group, a privately-owned full service moving and storage company. The credit facilities consisted of a $10 million revolving line of credit, which will be... Read Story

November 29, 2012, 08:04 AM

Babson Capital Management provided a combination of senior debt and subordinated debt and equity to support River Capital’s purchase of Blue Wave Products Inc. Babson Capital served as the sole provider of senior and subordinated debt on the... Read Story

November 29, 2012, 08:03 AM

FTI Consulting, a global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today announced that it has entered into a new five-year, $350.0 million senior secured revolving line of credit, which... Read Story

November 28, 2012, 08:11 AM

Veritas Financial Partners, a financial services firm providing senior secured loans to middle-market businesses, entered into a $50 million credit facility with an affiliate of The Goldman Sachs Group. Veritas will utilize the proceeds from the... Read Story

November 28, 2012, 07:59 AM

Bibby Financial Services provided a $1 million factoring facility to an Illinois-based manufacturer and distributor of multi-media tools. The company needed improved cash flow after a major customer reduced their yearly orders. Although the company... Read Story

November 28, 2012, 07:48 AM

SSG Capital Advisors acted as the exclusive investment banker to Blitz U.S.A., Inc. in the sale of substantially all of its assets to Scepter Holdings Inc. The sale was effectuated through a Chapter 11 Section 363 process and was approved by the... Read Story

November 27, 2012, 03:00 PM

MCG Capital entered into an unsecured revolving credit facility with Bank of America in the principal amount of $20 million. The revolving credit facility has a two year revolving period and draws under the facility will be used to provide financing... Read Story

November 27, 2012, 07:46 AM

National CineMedia closed on an amended and restated senior secured credit facility. The amended and restated seven-year senior secured credit facility increases NCM LLC's borrowings under its term loans from $225 million to $265 million in order to... Read Story

November 27, 2012, 07:33 AM

NPC International refinanced its outstanding $368 million term loan and $100 million revolving credit facility. The refinancing resulted in a 75 basis point reduction in the spread over LIBOR on the company's term loan borrowings and a 175 basis... Read Story

November 26, 2012, 08:02 AM

Kansas City Southern announced its subsidiary, The Kansas City Southern Railway Company, has completed an amendment to its credit facilities, which consist of a $200 million revolving credit facility and two term loans with a total outstanding amount... Read Story

November 26, 2012, 07:33 AM

First Capital provided a $3 million asset-based credit facility to Transportation Agent Grip, LLP “T.A.G.”, a package and freight delivery service provider. The senior credit facility consists of a $3 million working capital revolver secured by... Read Story

November 26, 2012, 07:13 AM

Hawke Aerospace announced the closing of a new revolving credit facility provided by Gibraltar Business Capital, based in Northbrook, IL. Hawke Aerospace is the parent company of helicopter maintenance provider Uniflight, air medical operator... Read Story

November 20, 2012, 08:14 AM

Spruce Media, a provider of enterprise-class marketing solutions for Facebook ads, announced it has secured $15 million in debt financing from Square 1 Bank. Spruce Media continues to grow its market share by helping the most successful advertisers... Read Story

November 19, 2012, 08:13 AM

Intarcia Therapeutics Inc., a privately held biotech company, has completed two financings totaling $210 million. The financing includes $160 million in preferred stock private placement and $50 million in debt financing. Investors include New... Read Story

November 19, 2012, 07:36 AM

Vicente Capital Partners, a growth equity investment firm, announced an affiliate of its Growth Equity Fund acquired a controlling interest in Intellectual Technology, Inc. (ITI), a provider of technology solutions and outsourced services to motor... Read Story

November 19, 2012, 07:31 AM

GE Capital, Corporate Finance announced it is administrative agent on a $300 million cash flow credit facility for Rentech Nitrogen, a manufacturer and distributor of nitrogen fertilizer products, and Rentech Nitrogen Partners. The financing funded... Read Story

November 16, 2012, 08:08 AM

AloStar Business credit has provided a $6 million senior secured revolving credit facility to Mobile, Ala.-based, Offshore Inland Marine & Oilfield Services  (OIMO), a support service provider for the oil and gas industry. Funds will be used to... Read Story

November 16, 2012, 08:02 AM

Pernix Therapeutics Holdings has agreed to acquire Cypress Pharmaceuticals Inc., a privately-owned generic pharmaceutical company, and Hawthorn Pharmaceuticals Inc., a privately-held branded pharmaceutical company. Under the terms, Pernix will pay... Read Story

November 15, 2012, 07:49 AM

QMX Gold received a commitment for a fully secured bridge financing from Third Eye Capital, a special situations investor based in Toronto, Canada with established expertise in complex secured lending. The financing consists of a senior, secured... Read Story

November 13, 2012, 08:00 AM

Arch Coal launched a $250 million incremental, senior secured term loan due 2018, pursuant to an uncommitted accordion provision in the company's existing revolving credit agreement. Completion of the new term loan offering would reduce the size of... Read Story

November 13, 2012, 07:56 AM

SSG Capital Advisors acted as the exclusive investment banker to Watermill Group in the placement of a financing package to fund its acquisition of Superior Tube Company and Fine Tubes Ltd. The transaction closed in September 2012. Watermill is a... Read Story

November 12, 2012, 05:11 PM

First Capital has provided an $8 million asset-based lending facility to a service provider to the oil field services industry. The senior credit facility consists of an $8 million working capital revolver collateralized by accounts... Read Story

November 12, 2012, 06:47 AM

GemCap announced it closed $18 million in credit facilities for the month of October. The deals include: A $10 million DIP (Debtor-in-Possession) facility to a Texas manufacturer of lithium phosphate rechargeable batteries A $2.23 million... Read Story

November 09, 2012, 08:30 AM

North Mill Capital announced the funding of the following transactions: $1 Million accounts receivable credit facility to a long haul trucking company located in Michigan $4 Million accounts receivable credit facility to a chrome polishing and... Read Story

November 06, 2012, 02:00 PM

Salus Capital Partners provided an additional $1.5 million of working capital to Frontera Investment, Inc.’s existing $5 million senior-secured credit facility. This represents the first transaction under an Investment Account Agreement with MRC... Read Story

September 25, 2012, 08:00 AM

Salus Capital Partners provided a $30 million senior-secured working capital facility to China Pearl, Inc., a  seller of a diverse catalog of pearls to nearly 10,000 retailers across the United States. The financing will be used to provide working... Read Story

August 13, 2012, 07:00 AM

BMO Harris Bank’s Corporate Finance group, a leading provider of middle market leveraged finance solutions, announced it is the administrative agent on a $47 million senior secured credit facility to Home Products International (HPI).HPI is a leading... Read Story

August 13, 2012, 07:00 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner, documentation agent and is administrative agent for $75 million in credit facilities... Read Story

August 07, 2012, 09:00 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner and is administrative agent for $59 million in credit facilities to support the... Read Story

July 31, 2012, 07:00 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner and is administrative agent for $73 million in credit facilities to support the... Read Story

July 30, 2012, 10:00 AM