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Eclipse Business Capital Closes $170MM ABL Credit Facility for Specialty Retailer
Eclipse Business Capital provided a $170 million senior secured ABL credit facility to a specialty retailer.  The credit facility is secured by accounts receivable and inventory.  The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working...
5/28/2024
Wells Fargo Arranges Senior Secured Term Loan Repricing, Upsize for Wyndham Hotel & Resorts
Wyndham Hotels & Resorts successfully completed the repricing of its existing $1.1 billion Senior Secured Term Loan B Facility due May 2030. The Term Loan B garnered significant investor demand, resulting in an upsize of $400 million while in market and an attractive interest rate of Secured...
5/28/2024
First Citizens Middle Market Banking Names Langeland RM and Market Leader for Northern California
First Citizens Bank's Middle Market Banking group named Erik Langeland as a relationship manager and market leader focused on building new business in Northern California.Langeland will be responsible for developing and maintaining a portfolio of middle market banking relationships, as well as...
Oxford Commercial Finance Provides $2.5MM Ledgered LOC to Logistics Company
Oxford Commercial Finance provided a $2.5 million Ledgered Line of Credit to an Ohio-based Logistics company, specializing in 3PL supply chain services.
5/28/2024
 
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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