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News Stories (165 Results) - Lender Finance

West Creek, a fast-growing fintech company that provides innovative point-of-sale financing, announced it secured a $150 million credit facility from Pollen Street Capital, bringing West Creek’s total credit facility capacity to $250 million. This... Read Story

October 21, 2019, 09:00 AM

Kabbage, Inc., a data and technology company offering automated cash flow solutions to small businesses, closed a $200 million revolving credit facility to support its rapid growth providing U.S. small businesses access to flexible, online... Read Story

July 03, 2019, 08:50 AM

ForwardLine Financial, a direct lender of small business loans, announced it has secured a new $100 million senior credit facility with Credit Suisse AG, Cayman Islands Branch, and Neuberger Berman private equity funds. Sector Financial Inc., an... Read Story

May 30, 2019, 09:05 AM

Mexican fintech Credijusto announced that it has closed a credit facility with Goldman Sachs for up to $100 million. The transaction provides Credijusto with the funding capacity to further expand its lending across Mexico and will support the... Read Story

March 25, 2019, 09:15 AM

36th Street Capital announced that it has expanded its three-year, expandable senior secured revolving credit facility to $100 million, an increase of $25 million. Los Angeles based City National Bank has agreed to participate in the syndicate... Read Story

February 04, 2019, 07:19 AM

Stonebriar Commercial Finance (Stonebriar), an independent large-ticket commercial finance and leasing company and an operating subsidiary of Eldridge Industries, announced the closing of a new $81.6 million term loan led by the Land Transport... Read Story

January 22, 2019, 07:50 AM

Divvy, the growing tech startup, announced they have secured a $250 million facility from Waterfall Asset Management. This new funding will help Divvy keep up with expected customer growth in 2019, facilitate easier access to the capital businesses... Read Story

January 18, 2019, 07:11 AM

Business Development Corporation of America, through a wholly-owned, consolidated special purpose financing subsidiary, BDCA Funding I, LLC, entered into an amendment to its revolving credit facility with the company, as the servicer, Wells Fargo... Read Story

December 27, 2018, 08:00 AM

LendingUSA, a leading financing provider specializing in point-of-need solutions for merchants, has announced the closing of a $50 million debt facility. Sector Financial, an affiliate of Credit Suisse, one of the world's leading financial services... Read Story

October 17, 2018, 07:14 AM

People's United Bank , N.A. a subsidiary of People's United Financial, Inc., announced its Commercial Banking division acted as Lead Arranger for a three-year, $60 Million expandable Senior Revolving Credit Facility for NS Leasing, LLC dba North Star... Read Story

October 02, 2018, 08:00 AM

Northleaf Capital Partners announced that it acted as the sole lead arranger of a $50 million senior secured credit facility and a separate preferred equity investment, the value of which was not disclosed, to support the recapitalization and growth... Read Story

September 27, 2018, 07:00 AM

Gibraltar Business Capital, an industry leader in providing small and mid-market businesses with capital to solve short-term challenges or seize growth opportunities, announced today an increase in its credit line with Wells Fargo Capital Finance... Read Story

September 26, 2018, 08:00 AM

Alterna Capital Solutions, a specialty and alternative financing lender to small businesses experiencing growth, announced a $30 million asset-based credit facility with Wells Fargo Capital Finance, a division of Wells Fargo & Company. The line will... Read Story

September 19, 2018, 08:15 AM

Flexiti, a private label credit card (PLCC) issuer, announced it has received an $80 million mezzanine debt facility from Credit Suisse Asset Management. The loan will provide Flexiti with capital to finance future originations and help its merchant... Read Story

September 07, 2018, 07:10 AM

CAN Capital, Inc., a technology-driven small business specialty finance company, announced that it has agreed to a financing transaction of up to $287 million to enhance its capital capacity with Varadero Capital, L.P., a New York-based alternative... Read Story

September 06, 2018, 08:00 AM

Worldfab, LLC, announced that it has established an Equipment Leasing Investment Program with alternative investment advisory firm Atalaya Capital Management LP to fund equipment leases and other transactions originated by Worldfab.“We are excited to... Read Story

September 05, 2018, 07:10 AM

Capital One announced that it has renewed and upsized the three-year, expandable senior secured revolving credit facility it originally provided 36th Street Capital Partners in June 2017. The revolver is now $75 million—an increase of $25 million.“We... Read Story

August 15, 2018, 08:20 AM

OnDeck®, a provider of online lending for small business, announced the closing of a $175 million asset-backed revolving credit facility consisting of funds provided by Liberty Mutual Insurance Company and certain of its affiliates, as well as funds... Read Story

August 09, 2018, 07:15 AM

Accord Financial Corp. announced that it has signed a new senior secured revolving credit facility totaling $292 million with a syndicate of banks. The three-year agreement was arranged by The Bank of Nova Scotia (Scotiabank), acting as... Read Story

August 02, 2018, 07:12 AM

Rise Line Business Credit, LLC (Rise Line), an asset based lender headquartered in New York, announced that they have completed a revolving leverage facility with Wells Fargo Capital Finance, a part of Wells Fargo & Company. “We are thrilled to work... Read Story

July 17, 2018, 07:09 AM

LendingPoint announced it closed an increase of its mezzanine financing, bringing the total of the facility to $52.5 million. Paragon Outcomes Management LLC provided the financing that closed earlier this month. Paragon and LendingPoint have been... Read Story

June 28, 2018, 07:12 AM

Stonebriar Commercial Finance, an independent large-ticket commercial finance and leasing company and an operating subsidiary of Eldridge Industries, announced the closing of a new $500 million revolving credit facility. The Facility will provide... Read Story

June 26, 2018, 08:00 AM

First Atlantic Capital, Ltd., a New York-based private investment firm specializing in acquiring and growing mid-size companies, announced that TPG Growth, the global middle market and growth equity platform of alternative asset firm TPG, has made a... Read Story

May 29, 2018, 07:00 AM

World Business Lenders (WBL), a provider of working capital to small businesses across the United States, announced that it has secured a new multi-draw credit facility to supplement its facilities with other institutions. The lender to this facility... Read Story

May 15, 2018, 07:12 AM

Capital One announced that it served as the administrative agent for a $420 million, five-year senior secured line of credit for PennantPark Senior Secured Loan Fund I, LLC, which is a portfolio company of PennantPark Floating Rate Capital, Ltd., a... Read Story

May 15, 2018, 07:00 AM

BlueVine  secured a $200 million asset-backed revolving credit facility with Credit Suisse, one of the world's leading financial services providers. BlueVine will use the capital to expand its highly-successful business line of credit... Read Story

May 01, 2018, 07:25 AM

FS Investments and KKR announced the closing of their previously announced transaction to create the market's largest business development company (BDC) platform, with $18 billion in combined assets under management. A new partnership, FS/KKR... Read Story

April 09, 2018, 08:00 AM

Capital One announced that it served as the administrative agent and sole lender for a $100 million five-year senior secured line of credit for MRCC Senior Loan Fund I, LLC, a joint venture between Monroe Capital Corporation (MRCC), the business... Read Story

March 27, 2018, 08:00 AM

FinFit Ops LLC, a FinTech company that provides over 80,000 American companies with a unique financial wellness benefit platform, announced the closing of a $35 million senior credit facility with Ares Management. FinFit has the ability to increase... Read Story

March 12, 2018, 07:00 AM

TriplePoint Venture Growth BDC Corp. announced it has amended and renewed its revolving credit facility. Deutsche Bank AG, New York Branch serves as administrative agent and as a lender together with existing lenders KeyBank National Association and... Read Story

January 26, 2018, 07:30 AM

Virgo Investment Group announced a significant $50 million equity investment in and partnership with Stonegate Capital Holdings, LLC, a private specialty finance company. Based in Chicago, Stonegate is focused on delivering sophisticated senior... Read Story

November 29, 2017, 07:35 AM

Capital Southwest Corporation, an internally managed Business Development Company focused on providing flexible financing solutions to support the acquisition and growth of middle market businesses, announced an amendment to its Senior Secured Credit... Read Story

November 21, 2017, 07:00 AM

Citizens Bank announced that Citizens Commercial Banking is providing a revolving line of credit for Stonegate Capital LLC, a Chicago-based commercial finance company serving lower middle market companies unable to obtain traditional bank financing.... Read Story

November 08, 2017, 07:26 AM

BlueVine is expanding its reach in online business lending with new debt financing of up to $130 million and a new additional line of credit product that allows business owners to make monthly, instead of weekly, payments, over 12 months.BlueVine... Read Story

October 18, 2017, 07:16 AM

Chesswood Group Limited announced that it has exercised the remaining $50 million accordion feature in its existing corporate revolving credit facility, increasing the facility to $250 million.The facility matures in December 2019 and Chesswood has... Read Story

August 30, 2017, 07:13 AM

HomEquity Bank announced that it has secured a $120 million senior revolving credit facility, secured by a portfolio of reverse mortgages. This Facility has been provided by a syndicate of five leading lenders and is renewable annually. CIBC served... Read Story

August 29, 2017, 07:00 AM

Capitala Finance, a business development company, said it has amended and extended its senior secured revolving credit facility led by ING Capital.The amended credit facility provides commitments of $114.5 million and an expansion of the accordion... Read Story

June 21, 2017, 07:17 AM

Patch of Land, a provider of online real estate lending using a technology-rich crowdfunding platform, has expanded its senior warehouse debt facility with SF Capital from $10 million to $30 million. SF Capital, a private investment firm with a... Read Story

June 15, 2017, 07:04 AM

Financeit, a market-leading point-of-sale financing platform, announced that it has signed a significant extension of its credit facility agreement with ClearFlow Commercial Finance Inc. This agreement provides further stability, adds additional... Read Story

June 09, 2017, 07:00 AM

Business Capital has structured and secured a $17 million asset based capital facility for Sol Acceptance, a finance company that has been purchasing automobile loans from approximately 30 dealerships in California since 2014.The management team has... Read Story

April 19, 2017, 07:18 AM

Great American Capital Partners, a wholly-owned subsidiary of B. Riley Financial, Inc., announced that a fund managed by GACP has entered into an agreement with General Finance Corporation to provide a $20 million term loan for certain subsidiaries... Read Story

April 19, 2017, 07:14 AM

Lovell Minnick Partners, a private equity firm specializing in financial and related business services companies, today announced that it has completed a majority investment in Global Financial Credit, a commercial and consumer finance company that... Read Story

April 13, 2017, 07:12 AM

Ygrene Energy Fund, a national provider of residential, commercial and multifamily PACE (property assessed clean energy) financing, announced that it has upsized its warehouse credit line to $410 million. Deutsche Bank, SunTrust Robinson Humphrey... Read Story

April 07, 2017, 07:08 AM

OnDeck announced that it had amended its asset-backed revolving credit facility with Deutsche Bank to extend the facility's maturity date to March 2019 and to increase the facility's borrowing capacity by approximately $52 million to a total of up to... Read Story

March 23, 2017, 07:20 AM

Fundation Group LLC, a leading digitally-enabled lender and credit solutions provider, announced that it has secured an asset backed credit facility from MidCap Financial, a leading specialty finance firm focused on the middle market. This credit... Read Story

March 22, 2017, 07:16 AM

Breakout Capital, a technology-enabled small business lender, announced it obtained a new revolving credit facility from Drift Capital Partners, LLC, an alternative asset management company based in Charleston, South Carolina. The facility is... Read Story

February 08, 2017, 07:14 AM

Tree Line Capital Partners LLC announced the closing of a Senior Secured Revolving Credit Facility led by ING Capital LLC. ING Capital led an initial closing on Nov. 22 that included commitments from ING Capital, EverBank Commercial Finance Inc. and... Read Story

December 21, 2016, 07:05 AM

Tree Line Capital Partners LLC announced the closing of a Senior Secured Revolving Credit Facility led by ING Capital LLC.ING Capital led an initial closing on Nov. 22 that included commitments from ING Capital, EverBank Commercial Finance Inc. and... Read Story

December 14, 2016, 07:19 AM

OnDeck, a leader in online lending for small business, announced today the closing of a $200 million asset-backed revolving debt facility with Credit Suisse.In addition to its other funding sources, OnDeck may now obtain funding under the new credit... Read Story

December 09, 2016, 08:11 AM

Allegiant Partners Incorporated, dba AP Equipment Financing, closed an increase to $57 million of its senior credit facility with BMO Harris Bank. “AP Equipment Financing has grown quickly over the past several years. BMO Harris Bank has been very... Read Story

December 05, 2016, 07:45 AM

Chesswood Group Limited has expanded and renewed its corporate revolving credit facility for a term of three years, expiring in December 2019. The existing $150 million credit facility was due to mature in December 2017. The credit facility has been... Read Story

December 01, 2016, 07:21 AM

Mosaic, a leading provider of solar loan financing for homeowners, announced the closing of a $250 million warehouse facility with Deutsche Bank as the arranger and administrative agent. Together with recent upsizes to Mosaic's existing warehouse... Read Story

November 22, 2016, 07:11 AM

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of up to $100 million senior credit facility to support the growth of LiftForward, Inc. (“LiftForward”). Based in New York, New York, LiftForward... Read Story

November 18, 2016, 07:42 AM

i2B Capital, a provider of direct financing to niche-market financial entrepreneurs, is pleased to announce the closing of a $4 million asset-based revolving line of credit with an accordion to $6 million with CFG Merchant Solutions (CFGMS). CFGMS is... Read Story

November 09, 2016, 07:42 AM

Coral Capital Solutions, an innovative provider of financing solutions for North American medium sized enterprises, announced it has secured a $25 million senior credit facility from Wells Fargo Capital Finance, a leader in asset-based lending.  The... Read Story

November 03, 2016, 07:48 AM

Able Lending, an online lender to small businesses, announced that it received $100 million in debt financing from Community Investment Management (“CIM”), the first impact investment firm focused on marketplace lending. This investment allows Able... Read Story

September 28, 2016, 07:41 AM

Citizens Bank announced that Citizens Commercial Banking has led a new $300 million revolving credit facility for Nations Fund I, LLC, a wholly owned subsidiary of Nations Equipment Finance, LLC. Nations is a commercial finance company that provides... Read Story

September 22, 2016, 07:44 AM

InterNex Capital ("InterNex"), a digital asset-based lender announced today that it has secured a funding facility up to $100 million from 400 Capital Management ("400 Capital"), a structured credit asset management firm. The facility will allow the... Read Story

September 14, 2016, 07:45 AM

Capital Southwest Corporation announced the closing of a four-year syndicated revolving credit facility led by ING Capital LLC in the initial amount of $100 million, with an accordion feature that provides for expansion of the facility up to $150... Read Story

August 31, 2016, 07:36 AM

Regional Management Corp., a diversified consumer finance company, announced today that it has amended its senior revolving credit facility agreement. The committed line under the credit facility has increased to $585 million from its previous amount... Read Story

August 30, 2016, 07:17 AM

Solar Senior Capital Ltd. announced that a wholly owned subsidiary of its First Lien Loan Program ("FLLP"), a joint venture with Voya Investment Management to invest in first lien senior secured loans to U.S. middle- market companies, has amended its... Read Story

August 16, 2016, 07:28 AM

Investors Bank Asset Based Lending (ABL) Group recently arranged a $5 million revolving line of credit for the Plus Funding Group. Based in White Plains, New York, the Plus Funding Group, which serves small to medium-sized firms by providing... Read Story

August 15, 2016, 07:56 AM

Elevate, a leading provider of innovative online credit solutions for non-prime consumers, has increased its credit facility with Victory Park Capital (VPC), a privately held registered investment advisor dedicated to alternative investing, by an... Read Story

July 27, 2016, 07:58 AM

Victory Park Capital (VPC), an investment firm focused on private middle-market debt and equity investments, announced that it has provided a $25 million senior secured credit facility to West Creek Financial, Inc. (West Creek), a point-of-sale lease... Read Story

July 22, 2016, 07:35 AM

Banco Latinoamericano de Comercio Exterior, S.A. ("Bladex" or the "Bank") announced the recent closing of a three year, U.S.$73.5 million, senior secured syndicated facility, comprising a U.S. Dollar tranche and a Mexican Peso tranche, in favor of... Read Story

July 06, 2016, 07:24 AM

Middlemarch Partners announces its role as a financial and strategic advisor in the completion of an up to $60 million debt facility raise for CapFusion, an online provider of small business loans. The financing will enable CapFusion to accelerate... Read Story

June 06, 2016, 07:29 AM

Fora Financial, a provider of flexible working capital solutions to small businesses, announced the closing of a $52.5 million senior revolving credit facility. A group of four financial institutions will participate in the new facility, with AloStar... Read Story

May 20, 2016, 07:55 AM

IOU Financial Inc., an online lender to small businesses, is pleased to announce that it has entered into a $50 million credit facility with MidCap Financial. The facility will have an initial commitment amount of $25 million and will be expandable... Read Story

April 25, 2016, 08:11 AM

On April 18, 2016, Ares Capital Corporation entered into an agreement to amend and restate its senior secured revolving credit facility (as amended and restated, the “A&R Revolving Credit Facility”).  The A&R Revolving Credit Facility, among other... Read Story

April 21, 2016, 07:43 AM

Hercules Capital, Inc., a leading specialty financing provider to innovative venture growth stage companies backed by leading venture capital firms, today announced that effective April 7, 2016, it has expanded its credit facility with Wells Fargo... Read Story

April 08, 2016, 07:52 AM

Victory Park Capital, an investment firm focused on private middle-market debt and equity investments, has provided a $100 million senior secured credit facility to Wheels Financial Group, LLC (d/b/a “LoanMart”), an auto title lender. The credit... Read Story

March 16, 2016, 08:01 AM

Ally Financial Inc. announced that it has completed the renewal of $11 billion in credit facilities to fund consumer and commercial automotive assets at both the parent company and at its banking subsidiary, Ally Bank, with a syndicate of 16 lenders.... Read Story

March 11, 2016, 07:20 AM

Rifco National Auto Finance Corporation, subsidiary of Rifco Inc. has extended its $100 million bank line of credit from the Wells Fargo lead banking syndicate.The facility will now be a three-year committed facility with a maturity date of Feb 17... Read Story

February 19, 2016, 07:53 AM

AloStar provided a $10 million commitment to CapFlow Funding Group Managers LLC (“CapFlow”), a commercial finance company based in Rutherford, N.J. CapFlow specializes in factoring, purchase order funding, refactoring and small, cash flow-based loans... Read Story

February 16, 2016, 08:02 AM

AloStar provided $10.7 million in capital to a new client through its lender finance unit, AloStar Lender Finance. AloStar continues to support this vertical, which has committed more than $500 million to its partners to date. “AloStar Lender Finance... Read Story

February 09, 2016, 07:33 AM

BFS Capital Inc., a leading small business financing platform, has entered into a $165 million Amended and Restated Loan and Security Agreement with Wells Fargo Capital Finance as administrative agent. The agreement provides for additional increases... Read Story

February 05, 2016, 07:27 AM

Veritas Autofinance, LLC announced that it has entered into a new one year revolving credit agreement with Credit Suisse AG.Loans under the credit facility were rated by DBRS, Inc. and will be secured by automobile receivables that Veritas now holds... Read Story

February 02, 2016, 07:26 AM

Finacity Corporation served as advisor to a loan origination program recently closed between General Financial, Inc. of Atlanta, Georgia and a federally chartered regional bank. The program facilitates the future origination of internet marketed... Read Story

December 28, 2015, 07:28 AM

Comvest Partners, through its Comvest Capital lending platform, and Crystal Financial LLC, a provider of debt capital solutions to middle-market businesses, announced that they have acted as Co-Agents in providing a term loan to Crest Financial.... Read Story

December 22, 2015, 07:51 AM

Ares Commercial Real Estate Corporation announced has closed a new $155.0 million secured term loan. The loan has a term of three years and proceeds will be used to fund new loan originations as well as for other general corporate purposes. The... Read Story

December 14, 2015, 07:29 AM

Consumer Portfolio Services, Inc. has entered into a new two-year revolving credit agreement with Credit Suisse AG and Ares Agent Services, L.P.Loans under the new credit agreement will be secured by automobile receivables that CPS now holds or will... Read Story

December 01, 2015, 07:33 AM

AloStar provided a $15 million commitment to Stonemark Holdings, Inc. of Frisco, Texas.Founded in 1983, Stonemark Holdings, Inc. provides insurance premium financing for companies operating in 16 different states. AloStar’s commitment was funded... Read Story

November 25, 2015, 07:56 AM

ACC Mortgage, Inc. a provider of real estate loans signed a $100 Million forward flow commitment to provide real estate loans, including residential and commercial mortgages.The Maryland based company said it signed the commitment with Seer Capital... Read Story

November 23, 2015, 08:00 AM

Goldman Sachs BDC, Inc. has favorably amended its senior secured revolving credit agreement, resulting in a reduction of the stated interest rate and an extension of the maturity date. Aggregate commitments under the revolving credit facility... Read Story

November 06, 2015, 07:18 AM

Capital Southwest committed $7.5 million to lead the last-out portion of a unitranche asset-based credit facility for Freedom Truck Finance, a Dallas-based secondary truck finance company specializing in the acquisition and management of sub-prime... Read Story

October 14, 2015, 07:51 AM

National Funding announced that it has secured additional funding from its longtime bank partner, Wells Fargo. Wells Fargo Capital Finance will increase its line of credit up to $75 million, which will help fund small business, working capital and... Read Story

October 13, 2015, 07:56 AM

CIT Group announced that CIT Energy Finance served as lead arranger in a senior secured credit facility of up to $120 million for Sunlight Financial LLC, a provider of financing for the residential solar market. Sunlight Financial is backed by... Read Story

September 25, 2015, 08:07 AM

Harvest Capital Credit Corporation has amended its senior secured revolving credit facility with CapitalSource, a division of Pacific Western Bank, and City National Bank to, among other things, extend the revolving period and reduce pricing under... Read Story

September 24, 2015, 07:13 AM

Regional Management Corp., a diversified specialty consumer finance company, has amended and restated its senior revolving credit facility agreement, receiving an increase in the committed line under the credit facility to $538 million from its... Read Story

September 21, 2015, 07:38 AM

Victory Park Capital (VPC), an asset management firm focused on middle-market debt and equity investments, announced it will invest up to 230 million euro in loans originated by Zencap over a three year period, under an exclusive agreement. The... Read Story

September 01, 2015, 07:36 AM

Elevate, a provider of innovative online credit solutions for non-prime consumers, announced it has increased its credit facility with Victory Park Capital (VPC) by an additional $70 million to a total of $385 million. The company will use the... Read Story

August 28, 2015, 07:38 AM

Avant, a marketplace lending platform, announced two newly secured transactions totaling $339 million in debt financing. These recently minted deals bring Avant's funding total to $1.1 billion in debt financing, $334 million in equity financing and... Read Story

August 21, 2015, 07:19 AM

THL Credit, Inc., a direct lender to middle market companies, announced an amendment, extension and the reduction of pricing of its existing term loan credit facility and an amendment and extension of its revolving credit facility. The financing was... Read Story

August 20, 2015, 07:27 AM

Fifth Street Finance Corp. announced that it has finalized an amendment to extend the maturity and reduce pricing on its existing $125 million revolving credit facility with Sumitomo Mitsui Banking Corporation ("SMBC").  The reinvestment period was... Read Story

August 19, 2015, 07:52 AM

Channel Partners LLC announced today a new, broad-based funding partnership with Chicago-based Monroe Capital LLC. Under the terms of the deal, affiliate Channel Partners Capital secured a minority equity investment from Monroe and closed a new three... Read Story

August 13, 2015, 08:07 AM

Horizon Technology Finance Corporation announced that its wholly owned subsidiary, Horizon Credit II LLC, has amended its syndicated revolving credit facility led by KeyBank National Association.The amendment increases the size of the credit facility... Read Story

August 13, 2015, 07:56 AM

Strategic Funding Source, Inc., a provider of direct financing to small and midsize businesses, announced that it has closed on a $90 million revolving credit facility. Led by CapitalSource, a division of Pacific Western Bank, the loan agreement... Read Story

July 16, 2015, 07:54 AM

LSQ Funding Group, a leading technology-enabled provider of invoice (receivables) financing for small- and midsized businesses, announced that it has received $40 million of capital from Ares Capital Corporation, the largest business development... Read Story

July 07, 2015, 08:02 AM

Ares Capital Corporation (ARCC) extended the maturity and reduced pricing on its existing $400 million revolving funding facility with Sumitomo Mitsui Banking Corporation. ARCC extended the reinvestment period by one year to September 14, 2017 and... Read Story

July 02, 2015, 07:38 AM

FLOCK Specialty Finance is a leading specialty finance company that provides capital for businesses in the subprime consumer finance markets as well as for debt buyers of distressed and subprime consumer credit obligations. The announced agreement... Read Story

June 10, 2015, 07:11 AM

Wells Fargo Capital Finance announced that its Lender Finance division was administrative agent and lead arranger for a $450 million senior revolver for Ares Commercial Finance LP (“ACF”), a fund managed by the commercial finance platform of Ares... Read Story

May 19, 2015, 07:39 AM

NewStar Financial Inc., an internally-managed commercial finance company, announced that it has formed a new financing subsidiary, NewStar Warehouse Funding I, which has entered into a $175 million revolving warehouse financing arrangement with... Read Story

May 13, 2015, 07:59 AM

Victory Park Capital (VPC), an asset management firm focused on middle market debt and equity investments, announced it has provided a $50 million credit facility to The Credit Junction, an online provider of working capital financing to small and... Read Story

May 06, 2015, 08:07 AM

Kilowatt Financial, a leading clean energy consumer finance company, today announced that it recently closed a $200 million debt warehouse facility with Citi to finance residential solar power systems for homeowners. The transaction expands Kilowatt... Read Story

April 30, 2015, 07:25 AM

North Mill Equipment Finance has increased the size of its senior loan facility with Wells Fargo Capital Finance to $75 million. The increased loan facility will enable North Mill to expand its business of originating small-ticket equipment leases... Read Story

April 22, 2015, 07:46 AM

LendKey announced it has secured a financing commitment from MidCap Financial, a leading specialty finance firm that is managed pursuant to an investment management agreement by a subsidiary of Apollo Global Management, one of the world's leading... Read Story

April 15, 2015, 07:43 AM

Online direct lender Dealstruck has secured a new $50 million credit facility led by Brevet Capital Management, LLC and $8.3 million in equity funding led by Trinity Ventures. This latest round of funding will allow Dealstruck to provide growth... Read Story

April 09, 2015, 07:16 AM

Victory Park Capital (VPC) announced it will increase its investment in Upstart loans from $100 million to $500 million. Based in Palo Alto, Calif. Upstart is a lending platform that goes beyond the FICO score to finance people based on signals of... Read Story

April 07, 2015, 07:40 AM

CAN Capital, a leading player in alternative small business finance, announced today that it secured a $650 million credit facility from a dozen leading lenders. Led by Wells Fargo Capital Finance, the transaction includes new commitments from Morgan... Read Story

April 03, 2015, 07:44 AM

NXT Capital, announced that its Equipment Finance Group has increased its revolving credit facility from $150 million to $325 million. This credit facility increase provides additional financing to support the growth of NXT’s equipment loan and lease... Read Story

February 11, 2015, 07:27 AM

Fifth Street Senior Floating Rate Corp., an affiliate of Fifth Street Asset Management Inc., announced the closing of a $175 million senior secured revolving credit facility with Citibank, N.A. The facility has a three-year reinvestment period and a... Read Story

January 21, 2015, 07:52 AM

United Capital Funding Corp., a leading provider of professional Accounts Receivable based funding and credit management solutions in the United States, announced it has finalized a renewal of its current financing facility with Memphis, Tenn.-based... Read Story

December 24, 2014, 07:55 AM

Veritas Financial Partners, a leading national financial services firm providing senior-secured loans to small-and middle-market businesses, has raised $125 million in debt and equity to provide for future growth. The company recently entered into a... Read Story

December 16, 2014, 07:37 AM

Chesswood Group Limited has entered into a new three year, $150 million, revolving senior secured credit facility. The facility also includes a $50 million accordion feature which would expand the facility to $200 million, if exercised.The credit... Read Story

December 09, 2014, 07:29 AM

Victory Park Capital, an asset management firm focused on middle market debt and equity investments, announced that it has increased its existing credit facility to $500 million for AvantCredit, one of the nation’s fastest growing online providers of... Read Story

December 08, 2014, 07:57 AM

Newtek Business Services, The Small Business Authority, announced its lending subsidiary, Newtek Small Business Finance, Inc., closed an additional $23 million in financing, which will increase its existing revolving credit facility to $50 million... Read Story

October 31, 2014, 07:29 AM

TICC Capital Corp. announced TICC Funding, a special purpose vehicle and wholly-owned subsidiary of TICC Capital Corp., entered into a revolving credit facility with Citibank, N.A. The company also announced that it used part of the proceeds from the... Read Story

October 29, 2014, 07:07 AM

Element Financial Corporation has expanded the company's existing senior credit facility to $1.6 billion with the addition of a further $100 million commitment from a U.S.-based bank. The company's senior banking facility is led by Bank of Montreal... Read Story

October 24, 2014, 07:11 AM

Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Towne Mortgage Corporation (“Towne”) by American Community Homes, Inc. a platform... Read Story

October 20, 2014, 07:54 AM

TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided $13 million of secured financing to support the acquisition of eCommission Financial Services... Read Story

September 15, 2014, 07:51 AM

National Funding, one of the country’s largest private lenders of small business loans, announced that on July 31, 2014, the company entered into a Loan and Security Agreement deal with CapitalSource, a division of Pacific Western Bank. CapitalSource... Read Story

September 09, 2014, 07:34 AM

Business Financial Services announced a $125 million credit line with Wells Fargo Capital Finance, a part of Wells Fargo & Company. The new credit line is an increase from the existing $82 million credit line that the company announced last... Read Story

August 28, 2014, 08:08 AM

easyhome Ltd., the Canadian leader in providing goods and financial services to the cash and credit constrained consumer, has entered into a new $200 million credit facility, replacing the company’s current debt facilities and providing $115 million... Read Story

July 29, 2014, 07:42 AM

AvantCredit, the fastest growing national online provider of consumer loans, announced the completion of a $75 million round of Series C funding led by Tiger Global Management and a $200 million credit facility led by Victory Park Capital. The... Read Story

July 24, 2014, 07:19 AM

Newtek Business Services, Inc., The Small Business Authority, announced today that it has entered into a $20 million credit agreement with Capital One, N.A., which consists of  a $10 million term loan and a $10 million revolving credit facility. ... Read Story

July 02, 2014, 07:04 AM

AloStar Business Credit announced that it has provided a $20 million line of credit to Lenders Funding, LLC (the Company) a private funding source for factors and asset-based lenders with offices in California, Virginia and New Jersey. Established in... Read Story

June 27, 2014, 07:42 AM

Quick Bridge Funding recently closed a $35 million credit facility with a Southern California bank. The financing will be used to expand Quick Bridge Funding’s short-term working capital loan programs.Quick Bridge Funding provides short-term term... Read Story

June 16, 2014, 07:26 AM

Wells Fargo Capital Finance, part of Wells Fargo & Company, announced its Lender Finance group was administrative agent and lead arranger for a $150 million senior revolver for ACF FinCo I LP, an affiliate of Ares Management, L.P. (“Ares”). Ares is a... Read Story

June 06, 2014, 07:46 AM

AloStar Business Credit has provided a $15 million term loan facility to fund the growth of Atlanticus Holding Corporation’s subsidiaries, Fortiva Financial and YBUY, Inc.  Atlanticus, through its subsidiaries, provides financial services primarily... Read Story

June 04, 2014, 07:43 AM

Firestone Financial Corp. a leader in equipment financing, signed a $225 million, multi-year revolving credit facility at the end of last year; this is an increase from the prior facility of $125 Million. The bank group is led by RBS Citizens, N.A.... Read Story

June 02, 2014, 07:48 AM

Aequitas Capital, an alternative asset management company specializing in private credit and private equity strategies, today announced that it has reached an agreement with Bank of America Merrill Lynch for a three-year credit facility of up to $60... Read Story

May 14, 2014, 07:34 AM

Fifth Street Finance Corp. announced the addition of a new lender and an incremental commitment from an existing lender to its syndicated bank credit facility led by ING Capital LLC. As a result, the committed facility size increased by $20 million... Read Story

May 07, 2014, 08:03 AM

Kabbage, Inc., the leading online provider of working capital for small businesses, announced that it has closed a revolving, three-year, $270 million credit facility. Top tier institutional investors participated in the oversubscribed initial debt... Read Story

April 10, 2014, 07:31 AM

Merchant Cash and Capital (MCC), a pioneer and leader in the small business financing industry, announced that it has expanded its secured term loan to $75 million through a consortium led by Comvest Partners’ Comvest Capital II debt fund. Coupled... Read Story

March 27, 2014, 07:09 AM

Business Development Corporation of America ("BDCA"), a business development company primarily focused on senior debt investments in middle market private companies, announced that on February 21, 2014, it entered into a $60 million senior secured... Read Story

February 28, 2014, 08:04 AM

TCP Capital Corp., a business development company, announced that it has amended its revolving credit facility with Deutsche Bank AG to extend the maturity date from May 15, 2016 to May 15, 2017 and expand the credit facility from $100 million to... Read Story

February 24, 2014, 07:28 AM

North Mill Capital, LLC (North Mill), a leading ABL lender and factor for small businesses, announced it has secured a new, three-year, $90 million credit facility led by  Wells Fargo Capital Finance, part of Wells Fargo & Company, BMO Harris Bank... Read Story

January 28, 2014, 09:00 AM

Kilowatt Financial, a leading clean energy consumer finance company, announced that it recently closed a $100 million debt facility from Citi to finance energy efficiency loans for homeowners.With facility proceeds, Kilowatt will enable homeowners... Read Story

January 23, 2014, 08:03 AM

CAN Capital announced $33 million in funding led by Meritech Capital Partners (Meritech) with increased participation and ownership from existing investor Accel Partners (Accel). Meritech and Accel were joined in the funding round by Ribbit Capital... Read Story

January 10, 2014, 07:21 AM

RCN Capital, LLC (RCN), a South Windsor, CT based specialty lender, has closed on a $25 million revolving credit facility with BofI Federal Bank (BofI). RCN is a private lender, assisting real estate investors and developers in the purchase and... Read Story

January 03, 2014, 07:59 AM

Monroe Capital Corporation, a business development company announced the successful amendment of its bank revolving credit facility led by ING Capital LLC.The amended facility includes an increase in the size of the current revolver commitments to... Read Story

December 20, 2013, 07:33 AM

Prospect Capital announced it has entered into a definitive agreement to acquire 100% of the common stock of Nicholas Financial, Inc. for $16.00 per share. Subject to certain conditions, the transaction is currently contemplated to close in April... Read Story

December 19, 2013, 07:21 AM

Sierra Income Corporation announced the closing of a Senior Secured Revolving Credit Facility led by ING Capital LLC with an initial commitment of $50 million from ING Capital and EverBank Commercial Finance, Inc. The credit facility has an accordion... Read Story

December 10, 2013, 07:46 AM

Prospect Capital Corporation announced that Prospect has increased total commitments to its five-year $650 million revolving credit facility (the "Facility") by $62.5 million to the target of $650 million, filling the accordion feature of the... Read Story

December 09, 2013, 07:10 AM

NewStar Financial, Inc., a specialized commercial finance company, announced that it has amended an existing credit facility with Wells Fargo Bank N.A., increasing the commitment amount by $100 million to $275 million with an accordion feature that... Read Story

December 04, 2013, 07:55 AM

BofI Federal Bank Lender Finance division announces it recently completed a $15MM asset-based credit facility for CapFlow Funding Group Managers, a specialty finance lender located in Rutherford, NJ.  In addition to replacing an existing lender, the... Read Story

November 14, 2013, 07:16 AM

Fifth Street Senior Floating Rate Corp. announced that it has closed a $100 million credit facility with Natixis, New York Branch. Pricing on the new facility is set at the applicable commercial paper rate plus 1.9% per annum. The interest rate would... Read Story

November 08, 2013, 07:16 AM

Golub Capital BDC, Inc., a business development company, today announced that its wholly owned subsidiary, Golub Capital BDC Funding LLC ("Funding"), increased the size of its senior secured revolving credit facility from $100 million to $250 million... Read Story

November 05, 2013, 07:51 AM

loanDepot.com, LLC (loanDepot), one of the largest retail mortgage lenders in the U.S., announced it closed a new $80 million credit facility on Oct. 18, 2013. loanDepot intends to use the net proceeds of the offering, along with cash on hand, to... Read Story

November 05, 2013, 07:27 AM

Harvest Capital Credit Corporation closed a five-year senior secured credit facility with an initial commitment of $55 million. The credit facility was arranged by CapitalSource Bank, and both CapitalSource Bank and City National Bank are lenders... Read Story

November 01, 2013, 08:03 AM

MidCap Financial, the nation’s leading independent commercial finance company focused exclusively on middle market healthcare companies, announced that it has favorably negotiated the extension of its credit facility led by Wells Fargo Capital... Read Story

October 23, 2013, 08:02 AM

Gemino Healthcare Finance, provider of asset-based and term financing solutions for small to mid-size healthcare companies, announced the closing of a $100 million four-year revolving credit facility with an accordion feature that allows for the... Read Story

October 17, 2013, 08:04 AM

Medley Capital Corporation announced the closing of an additional $20 million of commitments to its senior secured revolving and term loan credit facilities. Total commitments to the credit facility are $365 million, comprised of $245 million... Read Story

September 27, 2013, 07:14 AM

TCP Capital Corp., a business development company, announced that it has expanded its revolving credit facility with Deutsche Bank AG from $50 million to $100 million. The accordion feature of the credit facility was also expanded up to $200 million.... Read Story

September 11, 2013, 07:31 AM

First Capital, a specialized commercial finance company, announced that it extended the maturity of its $150 million senior secured credit facility with a group of lenders, including Key Equipment Finance, through October 2014. “This transaction... Read Story

August 13, 2013, 08:02 AM

City Loan, a Larsen MacColl Partners portfolio company, announces the close of a $30 million term loan with Comvest Partners. Based in Long Beach, CA, City Title Loan, is a specialty finance company that provides direct-to-consumer loans.“We are... Read Story

July 30, 2013, 07:28 AM

BlueTarp Financial, a leading trade credit provider for the building supply industry, announced it recently closed a $15 million equity round led by new investor Long Ridge Equity Partners. BlueTarp's existing investor group, including Highland... Read Story

July 24, 2013, 08:01 AM

CIT Group announced that it provided a $42 million senior secured loan to Garrison Investment Group, a leading middle market credit, asset-based and real estate investor located in New York City. The facility will be used to purchase seven community... Read Story

July 09, 2013, 08:32 AM

The makers of Zebit, a Big Data underwriting solution that powers financial products that bridge the gap between payday loans and traditional bank credit, announced that Crystal Financial LLC has underwritten and funded a $30 million term debt... Read Story

July 08, 2013, 07:09 AM

Triangle Capital, a provider of capital to lower middle market companies, has amended its $165 million senior secured credit facility jointly arranged by BB&T Capital Markets and Fifth Third Bank. Key provisions of the amendment include extending the... Read Story

June 27, 2013, 07:13 AM

Main Street Capital Corporation announced the expansion of total commitments under its five-year credit facility from $352.5 million to $372.5 million. The $20.0 million increase in total commitments was the result of the addition of one new lender... Read Story

May 31, 2013, 07:08 AM

Veritas Financial Partners successfully closed a $4 million revolving line of credit for a factoring and purchase order company in order to support its continued growth and leverage its equity base. The company is a national factor and purchase order... Read Story

May 30, 2013, 07:22 AM

Horizon Technology Finance, a specialty finance company that provides secured loans to venture capital and private equity backed development-stage companies in the technology, life science, healthcare information and services, and clean-tech... Read Story

May 29, 2013, 07:49 AM

Capital Access Network, Inc. (CAN) has added $165 million to its line of credit from a syndicate of premier financial institutions, now including Capital One, Amalgamated Bank, Regions Bank, Capital Source and AloStar. These banks join Wells Fargo... Read Story

May 22, 2013, 08:04 AM

NewStar Financial Inc. announced that it has amended and restated its senior secured notes to increase the amount to $200 million, extend the term to five years and reduce the interest rate among other things. The notes were rated BB- by Standard &... Read Story

May 17, 2013, 07:18 AM