SR Alternative Credit (“SRAC”), formerly Old Hill Partners, announced a $4 million investment in a micro-securitization of tenant lease contracts originated by a leading proptech company dedicated to improving the residential lease market for both...
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January 25, 2023, 07:09 AM
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Spouting Rock Asset Management announced an agreement to merge with Old Hill Partners Inc. (Old Hill), an alternative asset manager focused on asset-based lending transactions with small- and medium-sized businesses. A newly formed subsidiary of...
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January 10, 2022, 08:06 AM
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Old Hill Partners recently provided a $7 million senior secured term loan secured by water rights in the Western U.S. Old Hill financed a real estate developer looking to warehouse water resources for a planned development project. The financing...
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July 13, 2021, 07:50 AM
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Old Hill Partners increased its committed credit facility to ByzFunder NY, a New York-based provider of working capital solutions in the form of merchant cash advances, to $12 million. The commitment increase will further accelerate the growth of the...
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March 31, 2021, 07:05 AM
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Old Hill provided an $8 million senior secured pre-export credit facility to a company in Latin America with whom it had a previous lending relationship. The company exports specialty agricultural products to top-tier global distributors. Old Hill’s...
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March 09, 2021, 08:05 AM
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Old Hill Partners provided $30 million in the form of a senior secured revolving-to-term credit facility to a specialty finance company that provides working capital to small businesses in the form of merchant cash advances. The facility was secured...
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January 06, 2021, 07:42 AM
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Old Hill Partners provided $8 million in the form of a senior secured revolving-to-term credit facility to a specialty finance company that provides working capital to small businesses in the form of merchant cash advances. The facility was secured...
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October 28, 2020, 08:40 AM
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HealthGrowth Capital, LLC, based in Austin, Texas, has closed a $16.8 million financing consisting of both debt and equity. "Our business has matured significantly since our founding nearly four years ago and we are pleased to have reached these...
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April 09, 2020, 09:00 AM
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Snap Capital LLC, a source of alternative funding to small business, announced that it has secured a significant revolving-to-term credit facility with Old Hill Partners. The proceeds will be used by Snap Capital to increase its ability to service...
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February 22, 2017, 07:08 AM
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Private debt specialist Old Hill Partners Inc. has brought former GE Capital executive Shila Ray aboard as Financial Officer. Ray will be responsible for overall finance and fund accounting functions at the company and has been named to the firm's...
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March 22, 2016, 07:41 AM
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Old Hill Partners has launched a new hedge fund to take advantage of rising interest in private debt among institutional investors. The new fund will seek to generate current income by originating and investing in the senior secured credit loans of...
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November 19, 2015, 07:15 AM
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The U.S. economic environment continues to be ideal for asset-backed lending, according to a new research report from Old Hill Partners Inc.In its 2015 midyear update, Old Hill Partners' CEO John Howe notes the private lending space continues to be...
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July 06, 2015, 07:28 AM
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As the Federal Reserve holds firm on keeping interest rates the lowest in decades, while ceasing to pump up stocks with quantitative easing – causing increased market fluctuations – enthusiasm will remain elevated for investors seeking a high...
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January 29, 2015, 07:13 AM
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Low interest rates, strong economic growth, strong balance sheets, and a lack of commitment from large banks will keep the market strong for asset-backed lending for small and medium-sized businesses in 2015, says Old Hill Partners Inc., in its 2015...
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December 23, 2014, 07:33 AM
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Large banks continue to eschew lower middle-market loans because of heightened regulatory scrutiny and unattractive risk-adjusted spreads as they concentrate on larger, more fertile customers, says Old Hill Partners Inc., in its latest market...
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November 25, 2014, 07:35 AM
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