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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Credit Suisse's Sector Financial Arranges $50M Debt Facility for LendingUSA
Wednesday, October 17, 2018
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Lenders/Participants
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Sector Financial [Lender]
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Structure
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Debt Facility w/ $50MM Accordion
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Amount
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$50.000
Million
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Borrower(s)
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LendingUSA
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Description
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Company announced the closing of a $50 million debt facility. Sector Financial, an affiliate of Credit Suisse, provided access to the Credit Suisse debt facility, with an accordion for up to an additional $50 million.The announcement follows a previous $60 million debt facility provided by CapitalSource, a division of Pacific Western Bank, in November 2017. The company has also received funding from OLP and DLI for a total of over $320 million in debt and equity investments. Transaction details not disclosed.
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Industry
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Lender Finance
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| Related Tags |
Credit Suisse
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ABL Advisor
Deal Tables
2025
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