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Encina Lender Finance Provides $22.5MM Senior Credit Facility to Indirect Auto Finance Platform
Encina Lender Finance closed a $22.5 million senior credit facility for an indirect auto finance platform with a long track record of success spanning over two decades.The borrower will use this facility to support its continued growth
Clarus Capital Increases Loan Facility to $35MM for Closely Held Aviation Services Provider
Clarus Capital completed an upsizing of its existing loan facility for an established, family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet management. Clarus CEO Steve O’Leary commented “Clarus’ increased...
Haversine Funding Announces Podcast Rebrand and Extension into 2025
Haversine Funding announced the rebranding of its thought-provoking and informative podcast. Originally launched as “OnDeck with Haversine” anticipating a limited run, the overwhelming viewer response has inspired its extension well into 2025. The show will now shift to a broader, in-depth...
Big Shoulders Capital Provides $1MM DIP Financing to Steel Fabricator to Fund Going-concern Sale
Big Shoulders Capital (BSC) recently provided a $1 million debtor-in-possession loan for a steel fabrication business in Texas. Funds will provide working capital and enable a going-concern sale process. Due to the fabricator’s high urgency needs, BSC closed the loan within two weeks of being...
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
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