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Express, Inc. Files Chapter 11, Receives New $35MM Financing Commitment to Support Ongoing Operations
Express, Inc. has received a non-binding letter of intent from a consortium led by WHP Global (“WHP”), and participants including a wholly owned indirect subsidiary of Simon Property Group, L. P. (“Simon”) and Brookfield Properties (“Brookfield”) for the potential sale of a substantial majority of...
Eclipse Business Capital Provides $100MM Credit Facility to Kent Outdoors
Kent Outdoors announced a $100 million credit facility from asset-based lender (ABL) Eclipse Business Capital. The new ABL facility follows recent investments from Goldman Sachs and Comvest Partners. These investments are critical to the Company's efforts to implement a strategy for future growth...
Encina Lender Finance Provides $22.5MM Senior Credit Facility to Indirect Auto Finance Platform
Encina Lender Finance closed a $22.5 million senior credit facility for an indirect auto finance platform with a long track record of success spanning over two decades.The borrower will use this facility to support its continued growth.
Clarus Capital Increases Loan Facility to $35MM for Closely Held Aviation Services Provider
Clarus Capital completed an upsizing of its existing loan facility for an established, family office backed private aviation platform. The facility, now totaling $35 million, will continue to support the company’s ongoing fleet management. Clarus CEO Steve O’Leary commented “Clarus’ increased...
Upcoming Commercial Financing Regulations: Insights from Florida, Connecticut, and Georgia
Dan Taylor
Regulators have introduced regulations that require financial disclosures to small businesses that seek commercial...
2/6/2024 Topic: Regulatory
The pullback of super regional banks gives smaller regional and community banks...
Topic: Banking
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