The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Artes Capital Acquires $25MM Warehouse Line of Credit from Western Alliance Bank
Lenders/Participants
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Western Alliance Bank [Lender]
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Structure
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Warehouse Credit Line
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Amount
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$25.000
Million
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Borrower(s)
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Artes Capital
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Description
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The credit line, which closed on June 18, 2021, will facilitate efficient capital management for Artes Capital as the fund executes its initial ramp-up. Western Alliance Bank provided an initial, two-year credit line for $25 million, with an option to grow. This line complements Artes Capital’s current $75 million in equity commitments, which were achieved within just 90 days of the company’s launch.
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Industry
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Lender Finance
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Related Tags |
Western Alliance Bank
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ABL Advisor
Deal Tables
2025
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