|
The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Capital One Bolsters Newtek Credit Facility
Wednesday, January 18, 2017
|
Lenders/Participants
|
Capital One [Lender]
|
|
Structure
|
Revolver Increase
|
|
Amount
|
$75.000
Million
|
|
Borrower(s)
|
Newtek Small Business Finance, LLC
|
|
Description
|
An increase its existing revolving credit facility through Capital One, N.A. by $25 million to $75 million, as well as reduce the borrowing rate. The upsize of the credit facility and rate reduction are subject to final documentation and approval from the U.S. Small Business Administration.
|
|
Industry
|
Lender Finance
|
| Related Tags |
Capital One, Newtek Business Services, Newtek Small Business Finance
|
ABL Advisor
Deal Tables
2025
|
|
|
|