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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...
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...
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.
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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