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Eclipse Business Capital Closes $170MM ABL Credit Facility for Specialty Retailer
Tuesday, May 28, 2024

Lenders/Participants Eclipse Business Capital [Lender]
Structure Senior Secured Asset-Based Loan Facility
Amount $170.000 Million
Borrower(s) Undisclosed - Specialty Retailer
Description The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working capital purposes.
Industry Retail
Related Tags Eclipse Business Capital, Retail

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