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By:
ABL Advisor Staff Writer
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Great Rock Capital Agents $130MM Revolver for Panavision
Great Rock Capital agented a $130 million senior secured revolving credit facility for Panavision Inc. Panavision, a sponsor-owned company, is a premier global provider of high-precision cinema lenses, cameras, lighting equipment, and post-production services for the motion picture, television, and...
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Hark Capital Provides $85MM Term Loan to Fusion Connect
Fusion Connect, a leader in cloud communications services, announced that the company has entered into a new NAV-based loan agreement with Hark Capital, providing Fusion Connect with a term loan of $85 million. The proceeds will be used for operating capital, to pay down existing debt, and to drive...
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Gibraltar Expands Business Development Team, Adds Gustin as SVP in Midwest
Gibraltar Business Capital announced that Andrew Gustin has joined as SVP of the Midwest Region. gustin will lead origination activities across the Midwest to support GBC’s strategic expansion, offering asset-based loans between $10MM and $100MM to businesses looking for non-dilutive capital.Gustin...
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Utica Funds $3.1MM Capital Lease for Oilfield Services and Aggregates Provider
Utica closed a $3,100,000 capital lease for a Permian Basin oilfield services and aggregates provider. Secured by heavy construction machinery, site development equipment, and aggregate processing assets, this transaction enables the company to refinance existing debt and strengthen its working...
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A guide you can share with borrowers to protect them from false promises...
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Merchant Cash Advances (MCAs) offer quick funds to struggling businesses, but...
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