FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / News

ABL Advisor News


Latest News

Coach USA commenced voluntary Chapter 11 proceedings in the U.S. Bankruptcy Court for the District of Delaware to facilitate sale processes to preserve jobs, ensure continued service and maximize the value of its businesses. As part of the... Read Story

Filed Under: Bankruptcy
June 12, 2024 @ 08:00 AM

Wintrust Business Credit (WBC) announced a line increase to $11,000,000 for their existing client. This line increase was used by the client to support the acquisition of a Minnesota-based distributer of premium fresh seafood. WBC’s existing client... Read Story

Filed Under: Food Distribution
June 12, 2024 @ 07:52 AM

Rosenthal & Rosenthal completed a $2 million recourse factoring deal for a disabled veteran-owned business focused on providing staffing to local and state agencies. The New York-based firm was unable to increase its existing line of credit  to... Read Story

Filed Under: Staffing Services
June 12, 2024 @ 07:49 AM

PNC Bank closed a $500+ million senior secured credit facility for Seismic, a global leader in sales enablement software. PNC served as Administrative Agent and Collateral Agent for the credit facility and PNC Capital Markets LLC ("PNCCM") served as... Read Story

Filed Under: Technology
June 12, 2024 @ 07:47 AM

Tax Guard, a Cogency Global Company and the first provider of real-time IRS tax data services, has entered a partnership with San Diego-based Ventures Lending Technologies, a premier end-to-end lending software for banks and mission-based... Read Story

Filed Under: Industry News
June 12, 2024 @ 07:36 AM

Pritzker Private Capital (“PPC”), a leader in family direct investing, announced that Anna Edgcomb has rejoined the firm as Vice President – Manufactured Products and Alyson Brown has joined the firm as Vice President – Services. Ms. Edgcomb and Ms.... Read Story

June 12, 2024 @ 07:35 AM

eCapital Corp. funded a $15 million factoring facility for a world-leading technology firm in the transportation industry. This transaction underscores eCapital’s commitment to supporting high-growth companies facing the challenge of single-debtor... Read Story

Filed Under: Technology
June 12, 2024 @ 07:32 AM

First Citizens Bank announced that its Asset-Based Lending business will provide up to $400 million in combined financing to facilitate the investments of WhiteHawk Fund IV and WhiteHawk Evergreen Fund. Both funds are managed by WhiteHawk Capital... Read Story

Filed Under: Lender Finance
June 12, 2024 @ 07:02 AM

Barnes & Noble Education successfully closed its milestone equity and refinancing transactions with Immersion Corporation and certain of the Company’s existing stockholders and strategic partners. These transactions will significantly strengthen... Read Story

Filed Under: Education
June 11, 2024 @ 07:55 AM

Pipe, a modern capital platform for fast, frictionless, dilution-free funding, closed a $100 million credit facility from Victory Park Capital (“VPC”). The facility, which has the potential to upsize up to $200 million in the future, will support... Read Story

Filed Under: Lender Finance
June 11, 2024 @ 07:53 AM