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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Cambridge Savings Bank Provides $9MM Revolving Line of Credit to Auto Advance
Thursday, February 3, 2022
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Lenders/Participants
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Cambridge Savings Bank [Lender]
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Structure
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Revolving Line of Credit
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Amount
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$9.000
Million
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Borrower(s)
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Auto Advance, LLC
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Description
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The working capital supports its plans for expansion following the transition of ownership to the company’s President and CEO, Jorge Vinha, who is now also the majority shareholder.
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Industry
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Lender Finance
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| Related Tags |
Cambridge Savings Bank
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ABL Advisor
Deal Tables
2025
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