Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisitions of Ditron, and MSK Precision Products, by PrecisionX Group, an existing portfolio company of CORE Industrial...
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September 10, 2024, 07:12 AM
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MidCap Business Credit completed a $6 million asset-based credit facility for a manufacturer and distributor of power transfer equipment located in the Northeast. The opportunity was sourced and closed out of MidCap’s headquarters in West Hartford...
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September 04, 2024, 07:40 AM
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Ares Commercial Finance provided a $25 million senior secured revolving line of credit to Pegasus Home Fashions Inc. The Company is one of the largest manufacturers and distributors of bedding products in the United States. Specializing in the...
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September 04, 2024, 07:28 AM
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A distressed radiator component manufacturer based in Detroit Michigan with a primary manufacturing facility in Mexico became distressed as a result of delayed customer contracts and reduced demand in the 3rd party repair sector, which resulted in...
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August 23, 2024, 07:58 AM
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SSG Capital Advisors served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities in the private placement of a $25 million revolving credit facility with Ares Management, LLC. The financing enabled Pegasus to refinance...
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August 16, 2024, 07:56 AM
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TAB Bank provided a $27.8 million credit facility for a leading manufacturer of aluminum extrusions based in southern California. The facility includes a $20 million revolver and a $7.8 million term loan. This partnership marks a significant step...
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August 15, 2024, 07:55 AM
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MidCap Business Credit closed on a $5,000,000 asset-based credit facility for Premier Engineered Products, a portfolio company of Colfax Creek. Through its operating subsidiary, Appalachian Cast Products, the company produces superior die cast parts...
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August 12, 2024, 05:24 PM
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Great Rock Capital provided $75 million in total capital to three NWI affiliates. The NWI companies deliver high precision complex machined components, sub-assemblies, and complete major assemblies of aviation components, along with components for...
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Amerisource Business Capital closed and funded a $6,000,000 working capital facility for a manufacturer of truck bed covers and liners based in the Northeast. Jeff Dunbar, Market Manager at Amerisource, stated: “Amerisource was able to provide an ABL...
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Post Road Equipment Finance ("PREF") closed a $10 million lease line to a leading synthetic turf manufacturer. The company specializes in synthetic turf solutions across various sectors, including sports, landscaping, and recreational facilities.This...
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ATC Managers closed a $54,750,000 fixed-rate business acquisition and term loan. This deal facilitates the purchase of a division from a manufacturing company located 37 miles north of Downtown Cleveland, Ohio, while also refinancing a portion of...
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Utica Equipment Finance announced the completion of a transaction totaling $4,900,000 in the second week of July.
A $4,900,000 capital lease for a customer from California, focused on the development and manufacturing of electric vehicles. This...
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TAB Bank provided a new asset-based lending (ABL) facility to a premier international contract manufacturer based in Michigan. TAB’s flexible financial solutions will significantly accelerate the company’s growth and success.This ABL facility...
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of National Manufacturing Co. ("National" or the “Company”) by PrecisionX Group, an existing portfolio company...
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UMB Capital Finance closed a $33,000,000 senior credit facility for a Colorado-based metal manufacturing business. This credit facility enabled the company to refinance its existing debt and to position itself for a major capital equipment project....
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Culain Capital successfully structured of a $3 million accounts receivable financing facility for a prominent manufacturer of sustainable denim. This financing arrangement will provide the necessary working capital to support the company's ongoing...
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Culain Capital Funding provided a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.The...
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Celtic Capital Corporation announced its most recent new client relationship – a job shop manufacturer of lighting fixtures sold into the construction market for both commercial and residential use. This Company, acquired by an equity group in 2021...
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Mountain Ridge Capital ("MRC") closed a $30.8 million senior secured credit facility to a midwestern-based premier manufacturer and distributor of cabinet components and wood products for the Recreational Vehicle, cabinetry, and residential kitchen &...
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eCapital funded a $5 million asset-based lending facility for a leading fiberglass media company. This transaction exemplifies eCapital’s proficiency in supporting companies through ownership transitions, further solidifying its dedication to...
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Monroe Capital acted as administrative agent and joint lead arranger on the funding of a senior credit facility and equity co-investment to support the acquisition of Cam Tran Co. Ltd. (“Cam Tran”), by Central Moloney, Inc. (“CMI”). CMI is an...
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MidCap Financial and Great Rock Capital provided a $140 million senior secured revolving credit facility to a global manufacturer, distributor, and marketer of houseware products. The facility was used to refinance existing indebtedness and will...
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Eclipse Business Capital provided a $105.8 million senior secured credit facility, consisting of an asset-based revolving line of credit and term loan to a sporting goods manufacturer. The credit facility is secured by accounts receivable, inventory...
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FrontWell Capital Partners closed a USD$14.2 million secured credit facility with Uniroyal Engineered Products, a manufacturer of vinyl-coated fabrics and soft trim technologies.The facility, comprised of a revolver and a term loan, will be used by...
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Legacy Corporate Lending provided a $30 million asset-based credit facility to The Barton Group, a family-owned company that has produced the world’s highest-quality garnet abrasives for seven generations. The financing, finalized in April 2024...
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Aequum Capital funded $9,100,000 in credit facilities to a leading regional provider of metal stamping and fabrication solutions. The credit facilities support the company's ongoing working capital and future growth needs with a revolving line of...
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Celtic Capital Corporation announced its most recent new client relationship – a job shop manufacturer of large, high-quality metal gears used in various industries such as automotive and aerospace. This Company, in business since 1981, has suffered...
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Aequum Capital led a $45,000,000 revolving credit facility for a Midwest-based manufacturing and distribution company. The Facility will provide increased liquidity to the Company as it continues to execute its acquisition strategy. Helios Strategic...
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The Commercial Finance division of Pathward announced a $15 million asset-based line of credit facility to an LED lighting, headrest, and counterweight manufacturer company in Michigan. The financing provides the company with the funding to replace...
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Peapack-Gladstone Financial, the holding company for Peapack-Gladstone Bank and its Investment Banking division, Peapack Private Investment Banking, anounced its participation in the transition of Super Stud Building Products Inc. and affiliates...
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Celtic Capital announced its most recent new client relationship – a privately- owned manufacturer of precision manufactured components and assemblies in the Eastern Midwest. The Company, in business since 1957, approached Celtic Capital to provide...
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Allison Transmission announced that, on March 13, 2024, its wholly owned subsidiary, Allison Transmission, Inc. (the “Borrower”), entered into a fourth amendment to its credit agreement (the “Amendment”).Pursuant to the Amendment, the Borrower...
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Celtic Capital Corporation announced its most recent new client relationship – a manufacturer of prefinished doors, trim and custom millwork for residential builders. This Company was referred to Celtic Capital by a subordinated lender to the Company...
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February 23, 2024, 06:00 AM
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When a California-based fabric manufacturer sought a factoring partner that could fully approve its customers, they believed that Republic Business Credit would help safely grow their business. The company, established in 2020, is the most recent...
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February 21, 2024, 07:00 AM
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MidCap Financial provided a $35 million senior revolving credit facility to Arc International North American Holdings, Inc. The MidCap Financial credit facility is part of a successful refinancing of the Company’s capital structure which will help...
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February 14, 2024, 07:37 AM
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SAB Capital placed a $5 million industrial sale leaseback (“SLB”) in the South Bend–Mishawaka Metro. The SLB proceeds funded 100% of the capital required to purchase a label manufacturer + its plant. This provided the business acquirer with a...
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February 14, 2024, 06:00 AM
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Trinity Capital announced the commitment of $20 million in equipment financing to Formlogic, a provider of autonomous precision manufacturing services intended for space companies.Formlogic is changing how precision parts are sourced and manufactured...
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February 09, 2024, 05:00 AM
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LSQ recently originated a $3 million account receivable credit facility for a Georgia-based auto parts manufacturer. The company was referred to LSQ by a wealth management advisor. The additional working capital will be used to pay off an existing...
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February 02, 2024, 07:39 AM
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Lighthouse Financial completed a $6,500,000 credit facility with an Ohio-based manufacturer of precision machined components. The company's global expertise and capabilities in micro and high precision manufacturing has allowed it to uniquely serve a...
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January 31, 2024, 07:20 AM
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First National Capital provided a $35,000,000 debt refinance for a growing upstream oil & gas, machining, and forging Ccmpany.The company had been recovering from COVID-19 impacts, below average EBITDA, and compressed EBIT with high concentration in...
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January 30, 2024, 05:00 AM
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Huntington Business Credit closed a $10,000,000 new credit facility with American Nitrile Operations, LLC on December 12, 2023. Proceeds of the facility will be used to fund working capital and continued investment in glove production...
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January 26, 2024, 07:48 AM
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MidFirst Business Credit provided a working capital facility to Custom Equipment, LLC. Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size and weight can accommodate...
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January 26, 2024, 07:00 AM
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In its second deal for 2024, Sallyport provided an existing client with $2,000,000 accounts receivable finance providing the ongoing working capital required to trade successfully.The client was originally referred to Sallyport over 3 years ago by a...
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January 25, 2024, 07:00 AM
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eCapital funded a $12 million asset-based lending facility tailored to support a US-based manufacturing company experiencing financial stress.The manufacturing company faced difficulties in meeting the covenants of their existing bank loan, which...
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January 17, 2024, 07:55 AM
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Iron Horse Credit (“IHC”) closed a $4,000,000 stand-alone inventory revolving line of credit to a fleet parts manufacturer, sister company to a forging manufacturer currently being financed by IHC.Given the lending relationship with its sister...
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January 17, 2024, 07:32 AM
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Garrington Capital closed a $1.2 million senior secured term loan to the U.S. subsidiary of a multi-national manufacturer of spare parts for heavy-duty commercial vehicles.
The loan helped the borrower complete the build-out of new warehouses in the...
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January 11, 2024, 07:00 AM
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As the summer of 2023 ended, the number of economists predicting a recession dwindled nearly as fast as the amount of sunlight each day. Despite the generally more optimistic outlook, orders for manufacturing technology, measured by the U.S....
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December 28, 2023, 07:04 AM
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Amerisource Business Capital announced the closing and funding of a $5,000,000 working capital facility for a Texas-based manufacturer of outdoor recreational products. The proceeds were used to refinance the company's existing bank line and support...
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December 22, 2023, 07:57 AM
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SSG Capital Advisors served as the investment banker to Pegasus Home Fashions, Inc. and its affiliated entities in the sale of substantially all its assets to an affiliate of Blue Torch Capital LP. The sale was effectuated through a Chapter 11...
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December 14, 2023, 07:40 AM
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nFusion Capital provided a $7 million asset-based line of credit to Land & Sea Industries, LLC, a full-service Heavy Metal Fabrication and Manufacturing Solutions Company located in Texas. They provide a wide range of services, including commercial...
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December 01, 2023, 08:02 AM
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Citizens M&A Advisory served as the exclusive financial advisor to Engineered Solutions Group on its previously announced acquisition by The Timken Company.Headquartered in Houston, Texas, ESG specializes in the design and manufacturing of...
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November 22, 2023, 07:00 AM
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MidCap Business Credit completed a $23,700,000 million asset based credit facility to a manufacturing company in Cleveland, Ohio. The facility was comprised of an $18 million revolving line of credit and a $5.7 million real estate term loan. The...
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November 14, 2023, 07:53 AM
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Briar Capital Real Estate Fund and Pathward announced they each simultaneously closed new loan facilities totaling $23.9MM to a precast concrete company with manufacturing facilities in Houston and San Antonio, Texas. Briar Capital provided a $8.9MM...
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November 14, 2023, 07:36 AM
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Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the acquisition of Central Moloney (“CMI”) by private equity sponsor, Wind Point Partners. Founded in 1949 and based in Pine...
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November 07, 2023, 07:49 AM
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SG Credit Partners provided a commitment for up to $10 million in debtor-in-possession (“DIP”) financing to Water Gremlin, the world’s technological and market leader in battery terminals, to support ongoing manufacturing and distribution as it...
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November 06, 2023, 08:05 AM
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LSQ originated a $1.5 million credit facility for a manufacturer of custom glass and insulated glass units. The company needed the liquidity boost to continue its strategic growth.“This group has a very exciting trajectory with some new accounts on...
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November 02, 2023, 07:00 AM
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MidFirst Business Credit (MFBC) provided a $25 million working capital facility to LDC Stone, Inc. (“LDC”). Headquartered in Addison, TX, LDC provides design, manufacturing and installation of kitchen and bath cabinet solutions to...
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November 01, 2023, 07:44 AM
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Graham Corporation, a global leader in the design and manufacture of mission critical fluid, power, heat transfer and vacuum technologies for the defense, space, energy, and process industries, successfully closed on a new, five-year $50 million...
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October 17, 2023, 07:50 AM
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Accord Financial closed a $40 million equipment lease line to a leading pet supply manufacturer and distributor. This financing has enabled the company to purchase new mission-critical equipment for its primary manufacturing plant as it expands its...
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October 11, 2023, 07:40 AM
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Mountain Ridge Capital ("MRC") closed a $25 million senior secured credit facility for a west coast-based leading manufacturer and distributor of action sports products. MRC's facility was used to refinance the debt of a national commercial bank and...
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October 10, 2023, 07:53 AM
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Clarus Capital completed a new $7 million lease facility for a sponsor-backed manufacturer of specialized land management equipment. The funding will support strategic capital investments to expand capacity, drive production efficiency, and optimize...
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October 10, 2023, 07:00 AM
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When an Oregon-based private equity-owned metal injection molding company sought a new partner to replace their bank line of credit, they chose Republic Business Credit. Republic extended a $3.5 million asset-based loan revolver with an additional...
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October 03, 2023, 07:15 AM
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MidCap Business Credit completed an $8 million asset-based credit facility to a manufacturing company located in Pittsburgh, PA. The company was established in 1954 and makes machinery and equipment for various industrial applications, for its...
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September 28, 2023, 07:45 AM
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LSQ, a leading provider of working capital and payments management solutions, recently originated a $5 million credit facility for an automotive parts producer. The manufacturer had been struggling to meet its obligations to its suppliers and had to...
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September 21, 2023, 06:00 AM
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Santander Bank announced that its Commercial Bank closed a $250 million asset-based revolving credit facility on behalf of Wind Turbine & Energy Cables Corp (WTEC). Santander acted as administrative agent, joint lead arranger and joint bookrunner on...
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September 15, 2023, 08:00 AM
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Zions Bancorporation, through its Utah division, Zions Bank closed and funded a $4,000,000 credit facility for a client in design, manufacture, and logistics. The credit facility consisted of a multi-year revolving line of credit. Proceeds of the...
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September 15, 2023, 07:54 AM
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TradeCap Partners provided a $9 million production finance facility structured for an industrial equipment manufacturer. The facility will be used to help finance release orders issued under a large contract the company received from the US...
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September 14, 2023, 07:08 AM
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Utica Equipment Finance announced an additional funding of $1,500,000 to an existing customer in the month of August.
$1,500,000 capital lease for a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on...
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September 11, 2023, 07:30 AM
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Amerisource Business Capital closed and funded a $2,000,000 working capital facility for a California-based manufacturer and distributor of designer bathroom vanity units, sinks, toilets, and bidets. The proceeds were used to provide ongoing working...
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September 05, 2023, 07:52 AM
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Aequum Capital closed a $7,300,000 credit facility to a premier Texas-based manufacturer. The Company is widely respected for the development and manufacturing of specialty nonwoven product solutions for the automotive, industrial and consumer...
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August 30, 2023, 07:36 AM
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Oxford Commercial Finance provided a $2.5MM asset-based line of credit to a spring manufacturer based in Michigan. The company specializes in the manufacturing of springs for automotive, agricultural, construction, appliance, aerospace, and military...
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August 30, 2023, 06:21 AM
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MidCap Business Credit closed on a $16,000,000 asset-based credit facility for E.R. Wagner Manufacturing Company, with locations in Menomonee Falls, WI., and Chicago, IL. E.R Wagner is a 120+ year old family held business which manufactures metal...
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August 24, 2023, 07:40 AM
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Briar Capital Real Estate Fund closed a new $3.8MM+ commercial real estate loan in Georgia to a manufacturer of wood products for the arts and craft industry. The initial transaction was an owner buyout of a family member with a simultaneous new...
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August 24, 2023, 07:27 AM
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MidFirst Business Credit (MFBC) recently provided a working capital and term facility to Anthony Machine (Anthony). Headquartered in San Antonio, Texas, Anthony provides design and high-precision fabrication services, specializing in small to large...
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August 15, 2023, 07:33 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Coining Manufacturing, LLC (“Coining”) and Precision Machine Products, Inc. (“PMP”), by GEM Manufacturing...
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August 15, 2023, 07:10 AM
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Michael Doyle, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $11 million revolving line of credit, equipment term loan, and equipment CapEx line...
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August 03, 2023, 07:22 AM
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Lighthouse Financial Corp. completed a $4,500,000 credit facility for a North Carolina based premier fabricator of hard surfaces, glass, and accessories. Founded in 1990, the company is one of the largest manufacturers and installers of natural and...
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Great Rock Capital closed a $23.8 million senior secured term loan facility with Madison-Kipp Corporation, a company owned by PineBridge Investments and other investors. Madison-Kipp is a leading producer of high-pressure aluminum die castings...
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SSG Capital Advisors acted as the investment banker to Custom Alloy Corporation and certain affiliates, in the sale of substantially all of its assets to an affiliate of Trident Maritime Systems, a portfolio company of J.F. Lehman & Company. The...
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Huntington Business Credit closed a $40,000,000 new credit facility with Tex-Tube Company on May 25, 2023. Proceeds of the facility were used to refinance existing debt and provide ongoing working capital financing.Tex-Tube Company, headquartered in...
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The Eastern Company, an industrial manufacturer of unique engineered solutions serving commercial transportation, logistics, and other industrial markets, established of a new $90 million 5-year senior secured credit facility. The new facility...
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Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $7 million revolving line of credit, equipment term loan, and real estate term loan...
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White Oak ABL, White Oak Commercial Finance, and other affiliates of White Oak Global Advisors, provided a $67 million ABL credit facility to a leading manufacturer of healthcare and food safety products.The transaction includes a $55 million...
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Growth Lending closed a $2.5 million, single-customer concentration working capital facility for a manufacturer of baby blankets and swaddling products. The manufacturing firm, which primarily sells to Amazon.com and has invoice terms of net 60 and...
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Commercial Finance Partners (“CFP”) facilitated the closing of $5,235,000 Conventional Term Loan and $4,000,000 Revolving AR Line of Credit to support the acquisition of a Metal Stamping and Plating Company located in Texas. Engaged by the sponsor...
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Lighthouse Financial completed a $4,250,000 credit facility for a South Carolina based manufacturer and distributor of a wide array of Tier 1 and Tier 2 solutions, including ISO-certified soundproofing components, adhesives, custom manufacturing...
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Post Road Equipment Finance (formerly known as Encina Equipment Finance) announced it has provided a $15 million lease to an international precision components manufacturer, supplying the commercial aerospace, industrial gas turbine and auto markets...
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the Ad-On of I&I Sling, Inc. and Slingmax, Inc. by Yale Cordage, a River Associates Investments, LP...
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Citizens is leading a $750 million senior credit facility for Stamford, CT-based Hexcel Corporation.Founded in 1948, Hexcel is a leading advanced composites company specializing in the development, manufacturing, and marketing of lightweight...
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the acquisition of Workplace Modular Systems LLC by Accelevation LLC, an LFM Capital portfolio...
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Mike Colloton, Vice President – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $16 million revolving line of credit and equipment term loan for a metal...
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Stellus Capital Management announced its affiliates provided senior debt financing and an equity co-investment to support Graham Partners’ acquisition of Rhythmlink International, LLC.Headquartered in Columbia, South Carolina, Rhythmlink designs...
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Republic Business Credit provided a $6.75 million factoring legered line of credit facility to a women and minority-owned government contractor, with an accordion up to $10 million.When the women and minority-owned government contractor secured an...
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In early March, Big Shoulders Capital provided a $1 million term loan for a plastic injection molder with an automotive customer concentration. The loan was secured by machinery, equipment, and real estate. Funds were used to pay off the customer’s...
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Ares Commercial Finance provided a $31.2 million senior secured credit facility for a family-owned and operated manufacturer and distributor of high-quality home and garden equipment for professional and consumer use. The credit facility consists of...
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Post Road Equipment Finance provided a $21 million loan to a leading heavy machinery manufacturer to finance new and existing assets.“After building a relationship with the company and working hand-in-hand with their sponsor over the past year, Post...
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Sallyport Commercial Finance announced $1,750,000 in financing for an office furniture manufacturer. Manufacturing high quality office furniture from their factory in LA, the client was referred to Sallyport via a contact in the banking industry.The...
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LSQ originated an $8 million credit facility for a Texas-based paint and paint products manufacturer and distributor. The company, which also has retail operations, will use the additional working capital to manage seasonality within their industry...
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Utica Equipment Finance announced the completion of a $1,800,000 transaction in the month of February. The capital lease was for a licensed wholesale manufacturer of small caliber ammunition, small arms, and tactical equipment on an international and...
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February 24, 2023, 07:35 AM
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Mike Colloton, Vice President II – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $18 million revolving line of credit and equipment term loan for a plastic...
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February 23, 2023, 07:35 AM
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MidCap Business Credit closed on an $12,000,000 senior secured credit facility for a manufacturer and assembler of mattresses and foundations. The asset- based credit facility is comprised of a working capital line of credit with advances against...
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February 22, 2023, 07:16 AM
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Culain Capital Funding closed a $3,000,000 accounts receivable factoring facility along with a $1,500,000 acquisition term note for a manufacturing company specializing in custom steel bar and bolting products.Culain Capital was well positioned and...
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February 09, 2023, 07:46 AM
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Eclipse Business Capital (“EBC”) financed a $125 million senior secured debtor-in-possession (“DIP”) revolving credit facility to a mattress manufacturer.The credit facility is secured by accounts receivable and inventory. The transaction facilitates...
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February 07, 2023, 07:43 AM
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MidCap Financial provided a $15 million senior revolving credit facility to Kewaunee Scientific Corporation. The MidCap Financial credit facility includes an uncommitted option to increase the total facility size up to $30 million. Proceeds from the...
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February 01, 2023, 07:45 AM
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MidCap Business Credit closed on an $5,000,000 asset based credit facility to a manufacturer and supplier of coated and bonded abrasive products throughout North America, Canada, and Mexico. The credit facility is supported by advances against...
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February 01, 2023, 07:16 AM
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Huntington Business Credit closed $16,000,000 in new credit facilities with Polymerica Limited Company & Subsidiaries on December 8, 2022. Proceeds of the facility were used to refinance existing debt, support a partial recapitalization of the...
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January 24, 2023, 07:56 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $17.5 million in senior secured credit facilities to support the leveraged buyout of Caster Connection, LLC. by River Associates Investments....
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January 10, 2023, 07:50 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the recapitalization of Accelevation, LLC by LFM Capital. Based in Springboro, OH, Accelevation...
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January 09, 2023, 07:29 AM
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Amerisource Business Capital closed and funded a $3,000,000 working capital facility for a Maryland-based manufacturer of hermetic packages, microelectronic housings, and assemblies. The proceeds were used to support the company’s growth and working...
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January 06, 2023, 07:48 AM
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New orders of manufacturing technology totaled $457.7 million in October 2022, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. October 2022 orders were 20 percent...
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December 28, 2022, 07:08 AM
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Monroe Capital acted as administrative agent and sole lead arranger on the funding of a senior credit facility to support the refinancing of Prototek Holdings LLC, an existing portfolio company of TruArc Partners. Based in Contoocook, New Hampshire...
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December 20, 2022, 07:45 AM
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MidCap Financial provided a $10 million revolving line of credit and $5 million senior secured term loan to Mervin Manufacturing, Inc. Proceeds from MidCap Financial were used to refinance the Company’s prior credit facilities and will provide for...
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December 19, 2022, 07:51 AM
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Mike Colloton, Vice President II – Asset-Based Lending at First Business Specialty Finance, LLC, a subsidiary of First Business Bank, announced a recently closed and funded $9.2 million revolving line of credit, equipment term loan, and structured...
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December 19, 2022, 07:30 AM
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Lighthouse Financial completed a $3,675,000 credit facility to a North Carolina-based manufacturer of metal, tubular products. The company was originally set up to produce diesel injection lines and has since expanded to produce a full range of...
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December 15, 2022, 07:00 AM
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Rosenthal & Rosenthal announced the completion of a six-figure trade receivables finance program for a manufacturing company that sells thermal products into the Asia-Pacific region. The new financing program is being used to free up working capital...
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December 13, 2022, 07:07 AM
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Gibraltar Industries, a leading manufacturer and provider of products and services for the renewable energy, residential, agtech and infrastructure markets, closed on a $400 million five-year revolving credit facility. The new facility replaces a...
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December 09, 2022, 08:08 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and $6 billion in assets, today announced that it has provided $16 million in funding to support the expansion of Tropical Products, a private label manufacturer...
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November 10, 2022, 07:58 AM
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Gordon Brothers completed the purchase of a substantial portion of Armstrong Flooring Inc.’s assets.Gordon Brothers purchased a majority of the flooring products manufacturer’s existing inventory and partnered with Vion Investments to purchase the...
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October 27, 2022, 07:52 AM
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Great Rock Capital announced the upsizing of their senior secured credit facility with WinCup, Inc., a leading manufacturer of traditional and sustainable disposable foodservice to-go ware, including phade® PHA straws. WinCup is a portfolio company...
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October 25, 2022, 07:30 AM
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Lighthouse Financial completed a $5,000,000 credit facility for an importer and distributor of electronic diagnostic and measurement equipment. The company designs and manufactures tools utilized in the automotive, commercial, industrial, and DIY...
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October 12, 2022, 07:30 AM
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Clarus Capital announced it has completed a new loan facility for a specialty industrial manufacturer. Clarus’ financing will support the company’s multi-year commitment to upgrade its existing production equipment and drive efficiency.Clarus’...
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October 10, 2022, 07:44 AM
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Unique Fabricating, a leader in engineering and manufacturing multi-material foam, rubber, and plastic components utilized in noise, vibration, and harshness management and air/water sealing applications for the transportation, appliance, medical...
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October 06, 2022, 07:37 AM
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Briar Capital Real Estate Fund ("Briar") closed a new $1 million real estate loan facility to a Detroit area manufacturer of high precision cutting tools used across multiple industries around the country. After a rough 2019 which saw them lose...
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September 07, 2022, 05:00 AM
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Huntington Business Credit closed a $35,000,000 new credit facility with Sunbelt Modular, Inc. on August 15, 2022. Sunbelt Modular, Inc. is a new portfolio investment for MSouth Equity Partners, a private equity investment firm located in Atlanta...
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August 31, 2022, 07:45 AM
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Huntington Business Credit closed $53,500,000 new credit facilities with Mol-Son, LLC and combined companies on July 29, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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August 24, 2022, 07:55 AM
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Fifth Third Business Capital provided a $43 milllion capital expenditure facility, revolving credit facility and term loan to support Precision Marshall on the acquisition of Kinetic Co., Inc. Kinetic was founded in 1948 and is recognized as one of...
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August 15, 2022, 07:34 AM
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Broadwind completed a $35 million senior secured asset-based revolving loan facility and a $7.578 million senior secured term loan facility with Wells Fargo Bank as lender. The five year facilities mature on August 4, 2027 and replace the Company’s...
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August 09, 2022, 07:00 AM
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With outdoor spaces and upscale gardens a consistent but seasonal consumer demand across the country, a Midwest-based manufacturer of unique outdoor products knew it needed to find a flexible partner to react to dynamic and volatile market conditions...
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Stellus Capital Management announced that its affiliates provided senior debt financing and an equity co-investment to support Blue Sage Capital’s (“Blue Sage”) acquisition of Baker Manufacturing Company, LLC. Founded in 1873 and headquartered in...
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Huntington Business Credit closed $63,200,000 in new credit facilities with Ardisam, Inc. on June 22, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth financing. ...
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Varagon Capital Partners is serving as Administrative Agent, Joint Lead Arranger and Bookrunner on a senior secured credit facility to support Knox Lane’s investment in Elevation Labs.Elevation Labs is a leading formulator and manufacturer of premium...
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LSQ recently originated a $1 million credit facility and accounts receivable management program for an international manufacturer and distributor of private label bath, body and home fragrance products.The company will use the additional capital to...
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TAB Bank funded a $15 million asset-based line of credit for a new client that manufacturers and distributes consumer-packaged goods throughout North America and beginning to expand internationally. Since 1993 this client has been focused on...
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Huntington Business Credit closed $24,000,000 in new credit facilities with McGregor Metal Holdings LLC on June 10, 2022. Proceeds of the facility were used to refinance existing indebtedness and provide ongoing working capital growth...
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When a Texas-based manufacturing company needed a working capital facility to meet increased demand in the energy sector, they sought a trusted and reliable partner to fuel their growth plans. Republic Business Credit collaborated with private equity...
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Huntington Business Credit closed $13,536,000 in new credit facilities with Mills Products, LLC on May 24, 2022. Proceeds of the facility were used to provide acquisition financing and to provide ongoing working capital growth financing. ...
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Fifth Third Business Capital provided $19,500,000 in credit facilities including a revolving credit facility and term loan to Canton, OH-based Metaltec Steel Abrasive Company.Founded in 1981, Metaltec Steel Abrasive ('Metaltec') is a top-three...
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MidCap Business Credit completed a $5 Million asset-based credit facility for Crozier Welding LLC. Founded in 1980 and headquartered in Coshocton, OH, the company specializes in the design and manufacturing of oil and gas production equipment.The...
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Amerisource Business Capital closed and funded a $10,000,000 credit facility for a Texas-based design, engineering, and manufacturing firm. The proceeds were used to provide working capital for the company’s expected growth. Joseph Petri, Regional...
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MidCap Business Credit completed a $15 million asset-based credit facility to Walker Midwest, LLC and Walker West, LLC formed to acquire the assets of Millenia Products Group Inc., and WAC LLC, pursuant to an Article 9 UCC sale. The Company...
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Brian Banning, Vice President – Asset-Based Lending at First Business Specialty Finance, a subsidiary of First Business Bank, announced a recently closed and funded $7 million revolving credit facility for an auto industry die manufacturer seeking to...
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CIT Northbridge Credit, as advised by CIT Asset Management, served as sole lead arranger on a $65 million credit facility for Hello Bello, a manufacturer and marketer of baby, child and adult care products. "This financing will provide additional...
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Fifth Third Business Capital provided a $27.8 Million revolving Line of credit to Comfort Research, LLC to support the acquisition of the North Carolina operations of Spin Master. Comfort Research is a manufacturer of affordable furniture, pool...
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Clarus Corporation, a global company focused on the outdoor and consumer enthusiast markets, amended and upsized its existing senior secured credit facility jointly led by JPMorgan Chase Bank and Bank of America, with U.S. Bank, Regions Bank, Wells...
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NXT Capital closed a unitranche credit facility in support of Gridiron Capital’s acquisition of Vertical Supply Group. NXT Capital acted as the Administrative Agent, Joint Lead Arranger, and Joint Bookrunner on this transaction.“We are happy to...
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LSQ recently originated a $1.5 million credit facility for a Pennsylvania- based manufacturer of briquettes for the steel industry.The company will utilize the proceeds to increase current production and support future growth.In addition to the...
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Power Solutions International, a leader in the design, engineering and manufacture of emission-certified engines and power systems, entered into an amended $130.0 million uncommitted senior secured revolving credit agreement with Standard Chartered...
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Big Shoulders Capital and Iroquois Industrial Group have formed a partnership to acquire the assets of Benda Manufacturing, a leader in conveyor and product handling systems for the food industry and other industries requiring integrated production...
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Horizon Technology Finance closed a $10 million venture loan facility to Aerobiotix, LLC, of which Horizon funded $5 million, and a private investment vehicle managed by Horizon Technology Finance Management LLC, Horizon's adviser, funded $5...
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ABC Technologies, a leading manufacturer and supplier of custom, highly engineered technical plastics and lightweighting innovations to the global automotive industry, announced that its wholly-owned indirect subsidiaries, ABC Technologies Inc. and...
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February 25, 2022, 07:44 AM
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Amerisource Business Capital announced the closing and funding of a $3,000,000 real estate term loan facility for a Texas-based custom pool and tiny home manufacturer. The proceeds were used to provide working capital to support the Canadian...
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February 24, 2022, 07:33 AM
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BankFinancial established a Convertible Accounts Receivable Financing/ABL Credit Facility to a Minnesota based leader in metal fabrication, sheet metal and stamping serving global industrial, agricultural, and commercial equipment customers. The...
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February 16, 2022, 07:37 AM
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Huntington Business Credit closed a new $20,000,000 credit facility with Atlas Wire, LLC on December 31, 2021. Proceeds of the facility were used to assist an acquisition and to provide ongoing working capital growth financing. Atlas...
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February 04, 2022, 07:39 AM
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Fifth Third Business Capital provided a $9,000,000 credit facility consisting of a revolving line of credit, term loan and capital expediture facility for a management buyout to Armored Republic Holdings.Armored Republic Holdings manufactures body...
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February 03, 2022, 08:00 AM
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Great Rock Capital closed a $28.8 million senior secured term loan facility with PTC Alliance (“PTC”), a leading global manufacturer and marketer of drawn over mandrel and electrical resistance welded steel tubing and precision components.The term...
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January 25, 2022, 07:57 AM
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The Asset-Based Lending Group at First Business Specialty Finance closed and funded $10 million revolving line of credit facility for a Florida-based signage manufacturer and installer.The Asset-Based Lending team provides asset-based loans to...
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January 18, 2022, 07:00 AM
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Amerisource Business Capital closed and funded a $2,000,000 real estate term loan for a Pennsylvania agriculture and snow removal equipment manufacturer. The proceeds were used to provide working capital for the company’s expected growth. Doug...
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January 10, 2022, 07:09 AM
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Veeco Instruments entered into a senior secured revolving credit facility. The Facility enables the company to borrow up to $150 million over a 5-year term which expires in December of 2026. HSBC Bank USA is acting as administrative agent and...
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December 17, 2021, 07:50 AM
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Marathon Asset Management announced the closing of a $155 million credit facility for Brown Jordan Inc., a leading designer, manufacturer, distributor and retailer of outdoor and indoor furniture for the commercial and residential markets in the U.S....
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December 17, 2021, 07:31 AM
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Great Rock Capital closed a $27.9 million senior secured term loan facility with GT Technologies (“GTT”), a manufacturer of custom-engineered valvetrain components and assemblies for the global automotive, heavy-duty truck, and off-road vehicle...
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December 16, 2021, 08:00 AM
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MidCap Business Credit closed on a $9,000,000 asset-based credit facility for Titan Production Equipment, LLC, headquartered in The Woodlands, TX. Titan Production Equipment designs, engineers, and manufactures surface production equipment, focused...
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December 15, 2021, 07:55 AM
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Abacus Finance Group served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for senior secured credit facilities to support the refinancing of Rainshadow Labs by Westhook Capital Partners. Founded in 1983 and headquartered...
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December 13, 2021, 07:24 AM
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NXT Capital closed a senior credit facility in support of ShoreView Industries’ refinancing of Molded Dimensions and add-on acquisition of PCO Urethane. NXT Capital acted as the Administrative Agent, Sole Lead Arranger and Sole Bookrunner on this...
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December 10, 2021, 07:24 AM
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Amerisource Business Capital closed and funded a $500,000 senior credit facility for a Texas-based filtration unit manufacturer. The proceeds were used to fund working capital and significant projected growth.Allison Billings, Regional Market Manager...
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December 07, 2021, 07:00 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of System 3 by CMI Group (“CMI”). CMI is an existing portfolio company of Gallant Capital Partners. Founded in...
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December 01, 2021, 07:39 AM
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MidCap Business Credit closed on a $6,000,000 asset-based credit facility for a Camwood Capital Group portfolio company, Texas Contract Manufacturing Group (“TCMG”), and TCMG’s wholly owned subsidiaries, Lor-Van Manufacturing, Inc., and Apex...
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November 30, 2021, 07:48 AM
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Samuel, Son & Co., a leading metals distributor and industrial products manufacturer, entered into its first sustainability-linked revolving credit facility agreement. This amendment to the company's bank credit facility underlines the confidence its...
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November 24, 2021, 07:45 AM
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Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a $4M credit facility to GWA Auto Parts (GWA), an importer, distributor...
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November 23, 2021, 08:01 AM
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Great Rock Capital closed a senior secured credit facility with WinCup, Inc., a leading manufacturer of traditional and sustainable disposable foodservice to-go ware, including phade® PHA straws. The new capital refinanced the company’s existing...
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November 19, 2021, 07:30 AM
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Upon learning its current bank-owned factoring company had sold, the foreign-owned US subsidiary operating as a Tier 1 Auto Parts Manufacturer was told to find a new factor. As a rapidly growing manufacturing business doing $50MM in revenue, the...
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November 18, 2021, 07:40 AM
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Sound Point Capital Management acted as Administrative Agent on a first lien senior secured credit facility to Lindsay Precast, a premier North American concrete manufacturer specializing in precast concrete products. Funding provided by Sound Point...
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November 18, 2021, 06:44 AM
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Tecnoglass, a leading manufacturer of architectural glass, windows, and associated aluminum products for the global residential and commercial construction industries, amended its senior secured revolving credit facility to (i) increase the borrowing...
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November 15, 2021, 07:55 AM
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Phoenix Management Services acted as the financial advisor to a mid-west manufacturing metal coatings provider in arranging, structuring, and negotiating a $2.75 million loan package with Rosenthal & Rosenthal. Proceeds from the financing will be...
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November 09, 2021, 07:30 AM
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for an Illinois based manufacturer of nickel and cobalt alloy. Daniel Martinez, Regional Market Manager for Amerisource, stated: “We are pleased to welcome this new...
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October 28, 2021, 07:11 AM
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Amerisource Business Capital closed and funded a $3,000,000 senior credit facility for a Florida-based clothing apparel manufacturer. The proceeds were used to support ongoing working capital needs. Andy Allaire, Senior Vice President for...
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October 27, 2021, 07:55 AM
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Audax Private Debt, as Joint Lead Arranger and Bookrunner, provided a unitranche credit facility to support the acquisition of Genesee Scientific (“Genesee” or the “Company”) by LLR Partners, a Philadelphia-based private equity firm focused on...
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October 25, 2021, 07:06 AM
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Briar Capital Real Estate Fund provided a new $6.75MM real estate term loan to a toy manufacturer and distribution company located in the Northeast United States. The COVID Pandemic had created challenges with the company’s retail distribution...
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October 14, 2021, 07:00 AM
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Rosenthal & Rosenthal completed a $5 million joint factoring, inventory funding and purchase order financing facility to support the growth capital needs of a Georgia-based manufacturer and distributor of office furniture and products. Founded in...
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October 13, 2021, 07:20 AM
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LBC Credit Partners provided a senior secured credit facility to support the acquisition of Profile Custom Extrusions, LLC, by KPS Mid-Cap Investments, an affiliate of KPS Capital Partners, LP.Profile is a U.S. manufacturer of custom extruded...
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October 06, 2021, 07:30 AM
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AirBoss of America updated its senior secured credit facilities with an expanded syndicate of major banks to increase the available size, extend the maturity date, and provide the Company with improved terms, lower pricing and increased flexibility....
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September 24, 2021, 07:51 AM
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LBC Credit Partners provided a senior secured credit facility to support the recapitalization of Unirac, Inc. by Tenex Capital Management. LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.Unirac is North America’s...
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September 22, 2021, 07:42 AM
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Antares served as sole lead arranger and is acting as administrative agent on senior secured credit facilities to support the acquisition of AEM (Holdings) Inc. and AEM Group Limited by Industrial Growth Partners (“IGP”).Headquartered in San Diego...
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September 17, 2021, 07:14 AM
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Gerber Finance, announced a $10 million line of credit to NorthCape International, a prominent manufacturer and wholesale distributor of outdoor furniture. The deal was made under Gerber Finance’s Gerber+ division, which provides customized services...
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September 15, 2021, 08:00 AM
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Amerisource Business Capital closed and funded a $2,000,000 real estate loan for an Ohio-based metal stamping and machining firm. The proceeds were used to re-finance the company’s bank loan that was maturing. Andy Allaire, Senior Vice President for...
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September 09, 2021, 07:45 AM
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Huntington Business Credit closed a new $15,000,000 credit facility with Bayloff Stamped Products Detroit on August 12, 2021. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth...
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September 09, 2021, 07:35 AM
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Iron Horse Credit closed a $4,000,000 stand-alone inventory revolving line of credit to a leading manufacturer and developer of advanced alloys for the global market with a focus on specialty copper alloys and high-performance beryllium aluminum...
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August 31, 2021, 07:05 AM
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Wells Fargo Commercial Capital provided an integrated working capital financing solution to Southwire Company, LLC, one of North America’s leading manufacturers of wire and cable.The capital structure provided by Wells Fargo includes a $1 billion...
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August 27, 2021, 07:41 AM
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Monroe Capital acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the acquisition of Liberty Safe Holding Corporation (“Liberty Safe”) by private equity sponsor Monomoy Capital Partners. Founded...
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August 26, 2021, 07:55 AM
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Fifth Third Business Capital provided a $7 million revolving credit facility and $9 million real estate term loan to CA-based Orly International, Inc.Founded in 1975 by Mr. Jeff Pink, Orly International is a manufacturer of branded professional nail...
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August 26, 2021, 07:37 AM
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Tiger Finance has closed on a $15.5 million in debtor-in-possession financing to facilitate the Chapter 11 restructuring of Pennsauken, N.J.-based Aluminum Shapes LLC, a fully integrated manufacturer and distributor of aluminum products serving...
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August 20, 2021, 08:00 AM
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LBC Credit Partners provided a senior secured credit facility to support Morgenthaler Private Equity’s (“MPE Partners” or “MPE”) investment in Ideal Aluminum, LLC. LBC served as Agent and Sole Lender for the senior secured credit...
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August 18, 2021, 07:55 AM
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Chase Corporation entered into a new amended and restated credit agreement with Bank of America, as administrative agent, and with participation from Wells Fargo Bank, PNC Bank and JPMorgan Chase Bank.The new credit agreement was entered into to...
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August 13, 2021, 07:13 AM
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The Lion Electric Company, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, entered into a credit agreement providing for a new revolving credit facility in the maximum principal amount of US$100,000,000, with a syndicate...
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August 12, 2021, 07:30 AM
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Carl Marks Advisors advised Mount Vernon Mills, throughout the difficult business environment created by the COVID-19 pandemic. During its engagement with the Company, Carl Marks Advisors primarily assisted with bank relations and cash and debt...
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August 04, 2021, 07:00 AM
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TILT Holdings, a global provider of cannabis business solutions that include inhalation technologies, cultivation, manufacturing, processing, brand development and retail, announced that its subsidiary, Jupiter Research, has entered into a new...
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Abacus Finance Group served as Administrative Agent and Lead Arranger for senior secured credit facilities to support the leveraged buyout of Traco Packaging by LongueVue Capital. Traco Packaging, based in Orem, Utah, is a leading U.S. manufacturer...
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Tornado Global Hydrovacs entered into a $3,000,000 revolving operating line of credit and a $4,875,000 term loan with The Toronto-Dominion Bank (“TD”). A portion of the TD Facility will be used to repay the balance of a non-interest bearing vendor...
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Lakeland Industries, a leading global manufacturer of protective clothing for industry, healthcare and to first responders on the federal, state and local levels, significantly expanded its credit facility with Bank of America in support of its...
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Fifth Third Business Capital provided a $19.3 million senior credit facility for VIRA Insight. The credit facilty includes a revolving credit facility, term loan and capital expenditure facility. VIRA Insight designs and manufactures custom solutions...
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Huntington Business Credit announced it closed $8,000,000 in new credit facilities with Executive Cabinetry on May 4, 2021. Executive Cabinetry, LLC is a portfolio company of Gridiron Capital, a middle market private equity firm headquartered in New...
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Fifth Third Business Capital provided $4.5 million in new working capital for World Classs Technology Corp. The financing includes a revolving line of credit and term loan.World Class Technology Corporation (WCT) designs, manufactures, and markets a...
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Wingspire Capital provided a $40 million senior secured revolving credit facility to Corsicana Mattress Company as the mattress manufacturer repositions itself for growth.The revolver is part of a broader recapitalization that included the...
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Intertape Polymer Group entered into a new five-year $600 million credit facility pursuant to an amendment to its existing credit agreement with a syndicated lending group led by Bank of America as Administrative Agent, and BofA Securities, BMO...
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Douglas Dynamics refinanced its existing $375 million in senior secured credit facilities with a new $225 million Term Loan A facility and $100 million senior secured revolving credit facility due June 2026. JPMorgan Chase Bank acted as...
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CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions. Based in Youngstown, Ohio, Hynes Industries manufactures...
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California Bank of Commerce completed a $5 million asset-based revolving credit facility with a rubber product manufacturer. After experiencing recent losses and an exit from its existing bank, CBC was able to provide financing structured against the...
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Fifth Third Business Capital provided a $16,500,000 revolving credit facility and real estate term loan to Houston-based Tricon Precast, Ltd. Tricon Precast manufactures concrete structures, such as retaining walls, traffic barriers, bridge systems...
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for an Indiana-based contract manufacturing firm which provides powder coating, industrial painting, and related tubing products. The proceeds were used to fund the...
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Horizon Technology Finance led a $30 million venture loan facility to TemperPack Technologies, Inc., of which Horizon funded $7.5 million of the intial $15 million draw and an investment vehicle managed by Horizon Technology Finance Management LLC...
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LSQ announced the origination of an $11 million credit facility for an award-winning manufacturing company located in the Lone Star State. The manufacturer is scaling and requires a reliable source of working capital via accounts receivable and...
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SSG Capital Advisors acted as the investment banker to VVF Intervest in the placement of a financing package which enabled VVF to refinance existing indebtedness and generate additional liquidity. The transaction closed in April 2021.Founded in 2007...
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Fifth Third Business Capital provided new $35 million revolving line of credit and term loan for Alabama Metal Industries Corporation (AMICO). Alabama Metal Industries Corporation (“AMICO”) was founded in 1939 in Birmingham, AL as a manufacturer of...
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Amerisource Business Capital closed and funded a $2,000,000 senior credit facility for a Louisiana-based manufacturer of component parts. The proceeds were used to support the company’s recent rapid growth. Andy Allaire, Senior Vice President for...
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Antares acted as administrative agent on senior secured credit facilities to support the acquisition of 80/20 Inc. by MPE Partners.Based in Columbia City, IN, 80/20 Inc. is the originator and manufacturer of “The Industrial Erector Set,” a modular...
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Standard Chartered Bank provided a $130 million uncommitted senior secured revolving credit facility pursuant to an amended and restated uncommitted revolving credit agreement dated March 26, 2021, to Power Solutions International, Inc. Among other...
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MidCap Business Credit closed an $8,000,000 asset-based credit facility for a manufacturer of precision components and assemblies in the aerospace and defense industry. The opportunity was sourced out of MidCap’s office located in West Hartford...
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MidCap Business Credit closed a $5,000,000 asset based revolving line of credit for a designer and extruder of foam products and components used in a variety of industries.The opportunity was sourced out of MidCap’s office located in Atlanta, GA....
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Citizens provided a new $325 million senior credit facility to Orangeburg, N.Y.-based Nice-Pak, the leading global producer of wet wipes. Citizens is the Lead Left Arranger. The new credit facility will be used to refinance existing debt and enhance...
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February 23, 2021, 08:00 AM
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CCA Industries entered into a new credit facility with M&T Bank, on January 21, 2021 to replace the line of credit with PNC Bank and for general working capital purposes. The credit facility provides a term loan in an amount of $500,000 (the "Term...
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February 10, 2021, 07:44 AM
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Cadence Business Finance provided a $16.25 million lending commitment to 118-year-old knife manufacturer Buck Knives. A term loan helped restructure an existing lending facility, and a revolving line of credit provides the company with greater...
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February 09, 2021, 08:21 AM
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Horizon Global, one of the leading manufacturers of branded towing and trailering equipment, closed a new financing agreement with Atlantic Park Strategic Capital Fund, L.P. The six-year agreement addresses all of the Company’s near-term maturities...
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February 04, 2021, 07:45 AM
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WhiteHawk Capital Partners entered into an agreement with Challenge Mfg. Company, LLC (“Challenge”) to provide a senior term loan facility that is in excess of $100 million. The term loan facility supported a refinancing of Challenge’s indebtedness...
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February 03, 2021, 07:00 AM
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Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for a steel fabricator based in Texas. The proceeds are being used to support the Company’s growth and development plans.Doug Forbes, Regional Market...
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January 22, 2021, 07:00 AM
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Wingspire Capital provided a $50 million senior secured revolving credit facility to Vantage Mobility International (“VMI”), a leading manufacturer of wheelchair accessible vans with in-floor ramp systems.VMI is using the proceeds to finance its...
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January 21, 2021, 08:26 AM
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Porter Capital funded a $20 million facility in just three weeks. The client is a publicly-traded company who specializes in manufacturing machine tools and machines. The company sought a $20,000,000 line to be drawn down to enhance the balance sheet...
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January 20, 2021, 06:15 AM
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Amerisource Business Capital closed and funded a direct equity co-investment alongside a Houston-based private equity firm for an industrial coatings plant which will support the underserved steel product OEMs and fabricators in Texas. Bill...
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January 08, 2021, 07:50 AM
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Wingspire Capital provided a $30 million senior secured credit facility to a leading manufacturer and distributor of specialty concrete production and handling equipment that are integral in the construction of large buildings, stadiums, roads...
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December 09, 2020, 08:14 AM
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Ares Commercial Finance announced that it has provided a $100 million senior secured credit facility to Pace Industries, LLC, an entity owned by funds and accounts managed by TCW Asset Management Company and by affiliated funds and accounts of...
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November 16, 2020, 08:35 AM
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Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a Texas-based fabricator of membranes used in water treatment facilities. The Company, owned by a foreign parent, was seeking an asset based facility...
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November 12, 2020, 08:10 AM
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Tecnoglass, Inc., a manufacturer of architectural glass, windows, and associated aluminum products for the global commercial and residential construction industries, today announced it has entered into a new $300 million Senior Secured Credit...
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November 02, 2020, 09:15 AM
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Fifth Third Business Capital closed a $14.8 million secured credit facility for ARC Group Worldwide, Inc., a provider of advanced manufacturing technologies and cutting-edge capabilities to improve the efficiency of traditional manufacturing...
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November 02, 2020, 09:00 AM
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White Oak Commercial Finance announced it provided a $20 million Receivables Financing Facility to a global manufacturing company that provides innovative product components to the healthcare and consumer goods industries. The transaction was...
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October 29, 2020, 08:20 AM
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Graycliff Partners and Five Points Capital announced an investment in support of Alitus Partners’ acquisition of ATRO Engineered Systems. Graycliff and Five Points each invested unitranche debt and equity co-investment through their dedicated credit...
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October 05, 2020, 09:05 AM
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North Mill Capital provided an $18 million revolving line of credit to Optical Cable Corporation.The funds were used to refinance the prior lender and provide additional working capital for the company. Optical Cable Corporation is a leading...
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September 14, 2020, 09:00 AM
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Sterling National Bank's Asset Based Lending Group provided senior secured credit facilities to von Drehle Corp. The credit facilities will provide refinancing of existing debt and equip the Company with working capital going forward.Founded in 1974...
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September 11, 2020, 08:50 AM
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Fifth Third Business Capital served as lead lender and administrative agent on a $25 million refinancing credit Facility for Performance Designed Products (PDP).Performance Designed Products (PDP) is an industry leader in designing and manufacturing...
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September 09, 2020, 08:56 AM
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Monroe Capital LLC announced an increase in the credit facility to FATHOM to support the acquisition of GPI Prototype & Manufacturing Services (GPI). FATHOM is an existing portfolio company of CORE Industrial Partners.Founded in 2007 as one of the...
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September 01, 2020, 09:05 AM
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Amerisource Business Capital announced the closing and funding of a $5,500,000 credit facility for a metal stamping firm based in Ohio. The proceeds are being used to refinance their existing bank debt. Andy Allaire, Senior Vice President for...
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August 24, 2020, 08:15 AM
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Key Tronic Corporation, a provider of electronic manufacturing services (EMS), announced the closing of a new credit facility to aid with expected growth.On August 14, 2020, Key Tronic Corporation and certain of its domestic subsidiaries entered into...
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August 18, 2020, 08:50 AM
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Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate loan to a flow meter manufacturer based in Texas. Doug Forbes, Regional Market Manager for Amerisource, stated: “We were able to quickly provide the funds...
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August 11, 2020, 08:00 AM
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SSG Capital Advisors, LLC ("SSG") and Statesman Corporate Finance, LLC ("Statesman"), acted as the investment bankers to Watson Valve Services, Inc. ("Watson Valve") in the sale of substantially all of its assets to MOGAS Industries, Inc. The sale...
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August 07, 2020, 09:05 AM
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Amerisource Business Capital announced the closing and funding of a $2,500,000 credit facility for a power generation component part manufacturer and distributor based in Connecticut. The company is recapitalizing its balance sheet and needed a...
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August 05, 2020, 08:50 AM
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North Mill Capital closed a $900,000 Accounts Receivable Credit Facility for Sic Lazaro US Incorporated, a manufacturer of larger metal fabrications and counterweights for heavy machinery and elevators.The funds will be used to provide additional...
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August 03, 2020, 08:00 AM
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Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, today announced the close of a $20 million senior secured credit facility with Horsburgh & Scott, a manufacturer of mission critical, custom...
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SSG Capital Advisors, LLC ("SSG") acted as the investment banker to Latex Foam International d/b/a Talalay Global ("Talalay Global" or the "Company") in the sale of substantially all of its assets to Artilat NV ("Artilat"). The sale was effectuated...
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A Haynes and Boone, LLP deal team represented Austin-based AYRO, Inc., a manufacturer of light-duty, emissions-free electric vehicles, in a $15 million registered direct offering of its common stock, which closed July 9, 2020.Founded in 2017, AYRO...
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Pathlight Capital LP (Pathlight) announced it is serving as the Administrative Agent on the recently funded $70,000,000 Senior Secured Term Loan facility for Armstrong Flooring, Inc., a global manufacturer of innovative flooring solutions serving...
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SC&H Capital, a leading investment bank specializing in M&A advisory, announced it acted as the exclusive investment banker to P-D Valmiera Glass USA Corp. (“Valmiera”) in the sale of substantially all of its assets to Saint-Gobain Adfors America...
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IBM entered into a new $2.5 billion 364-Day Credit Agreement with the several banks and other financial institutions from time to time parties thereto (the “364-Day Lenders”) and (ii) entered into the First Amendment (the “Three-Year Amendment”) to...
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Santander Bank announced that its Commercial Banking division acted as joint lead arranger for a $175 million term loan and $50 million revolver to Purolite Corporation ("Purolite") to facilitate additional spending on capital projects and enhance...
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Willow Access Capital announced a series-A financing round of $9 million for a CO-based manufacturer of environmental solutions from biomass products; the funds will be used for working capital purposes."Willow Access Capital is committed to growing...
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Douglas Dynamics, Inc., North America's premier manufacturer and upfitter of work truck attachments and equipment, today announced it has refinanced its existing senior secured credit facilities with $375 million of new credit facilities, consisting...
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Tempur Sealy International, Inc. announced that it has successfully obtained an incremental borrowing of $200 million.The Company entered into an incremental 364-day $200 million term loan (the "364-Day Loan") among several banks and other financial...
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Economic activity in the manufacturing sector contracted in April, and the overall economy contracted after 131 consecutive months of expansion, according to the nation’s supply executives in the latest Manufacturing ISM Report On Business.The report...
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U.S. manufacturing technology orders increased 3 percent in February from the previous month to $277.9 million, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The Association for Manufacturing Technology. New...
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Amerisource Business Capital announced the closing and funding of a $5,000,000 credit facility for a steel fabricator based in Montana. The proceeds were used to refinance existing bank debt and to support the company’s continued growth.Andy Allaire...
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Gibraltar Business Capital recently closed on a new $5,000,000 credit facility with a Missouri-based manufacturer.Headquartered in Kansas City, MO, the new client has been in business since 1952, manufacturing, supplying, designing, marketing...
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Fifth Third Business Capital, a division of Fifth Third Bank, National Association, announced it acted as lead lender and administrative agent on the closing of a new $70,000,000 Senior Credit Facility for Lignetics, Inc. and its various subsidiaries...
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Amerisource Business Capital announced the closing and funding of a $4,000,000 credit facility for a manufacturer of lift and power management systems in Texas. The proceeds were used to refinance existing bank debt and to provide additional growth...
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Encina Business Credit, LLC (EBC) announces the completion of a $75.0 million revolving credit facility for Horizon Global Corporation (Horizon). The facility will be used to replace an existing facility and will provide for ongoing working...
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Comvest Credit Partners (Comvest) has acted as Administrative Agent and Lender in providing a $92.2 million Senior Secured Credit Facility (the “Financing”) to Cassavant Holdings, LLC (“Cassavant”), a vertically-integrated manufacturer of...
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Allied Motion Technologies Inc., a designer and manufacturer that sells precision and specialty controlled motion products and solutions to the global market, announced that it has obtained a new senior secured revolving credit facility of $225...
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February 13, 2020, 09:07 AM
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Wingspire Capital Holdings (“Wingspire”) today announced that it has provided a $36.5 million senior secured loan to R.W. Sidley (“RWS”). Loan proceeds were used to refinance its existing bank facility, while providing a more patient and flexible...
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February 05, 2020, 09:00 AM
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Ares Commercial Finance announced that it has provided a $17.3 million senior secured credit facility to Cox Interior, Inc. comprised of a revolving line of credit and a term loan secured by real estate, machinery and equipment. Proceeds from the...
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January 17, 2020, 09:00 AM
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SSG Capital Advisors, LLC and Saxenhammer & Co. Corporate Finance, GmbH acted as investment bankers to Alexander Technologies Europe Ltd. ("ATEL" or the "Company"), a portfolio company of Woodside Capital Partners, in the sale of its equity shares to...
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January 17, 2020, 08:00 AM
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Ares Commercial Finance announced that it has provided an $11.2 million senior secured credit facility to NHI Mechanical Motion, LLC comprised of a revolving line of credit, a real estate term loan and a term loan secured by machinery and equipment. ...
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December 17, 2019, 08:55 AM
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UMB Capital Finance, through Marquette Business Credit, LLC, continues to fund millions in senior debt capital needs with the recent closings of two asset based credit facilities. These new, secured lines provide further financing resources for...
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November 12, 2019, 09:00 AM
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Kaiser Aluminum Corporation announced that it has entered into a $375 million, five-year senior secured revolving credit facility replacing its previously existing facility from Wells Fargo that was due to mature in December 2020. The new facility...
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November 01, 2019, 08:40 AM
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Amerisource Business Capital announced the closing and funding of a $1,000,000 senior credit facility for a component parts manufacturer based in New York. Proceeds of the facility are being used to support working capital and sales growth.Andy...
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October 31, 2019, 08:00 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a new $21,500,000 senior credit facility to Conshohocken, Pennsylvania-based Spray Products Corporation and...
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October 14, 2019, 08:50 AM
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Charter Growth Capital Fund (CGCF) announced its investment into its first portfolio company, Keystone Solutions Group. The targeted $100 million fund was launched earlier this year by Charter Capital Partners, a Grand Rapids, Michigan-based...
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October 10, 2019, 08:35 AM
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Amerisource Business Capital announced the closing and funding of a $2,000,000 senior credit facility for a hardware manufacturing company based in California. Proceeds of the facility are being used to support working capital and sales...
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October 01, 2019, 08:55 AM
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MidCap Business Credit announced it has closed on an Asset Based Credit Facility for Global Tissue Group, Inc. Headquartered in Medford, NY, Global Tissue Group is a leading private label paper manufacturer for paper towels, napkins, bath and facial...
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September 19, 2019, 08:40 AM
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Siena Lending Group LLC closed a $17.7 million revolving line of credit and term loan for Greenfiber LLC. The facility was used to refinance Greenfiber’s existing senior debt and support the company's working capital needs.Greenfiber, headquartered...
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September 18, 2019, 08:35 AM
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PNC Bank, National Association, announced the closing of a $42.38 million senior secured credit facility for Madison-Kipp Corporation (MKC), a portfolio company of Dallas, TX-based Trive Capital. PNC Bank, N.A., served as administrative agent.The...
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September 17, 2019, 08:55 AM
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Amerisource Business Capital announced the closing and funding of a $500,000 credit facility for a custom equipment fabrication company based in Texas. Proceeds of the facility are being used to support their working capital growth.Allison Billings...
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September 17, 2019, 08:50 AM
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Calumet Specialty Products Partners, L.P., a producer of specialty hydrocarbon and fuels products, announced that it has successfully amended the terms of its existing asset-based loan facility to increase the borrowing base on the facility by...
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September 09, 2019, 08:50 AM
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Stonegate Capital announced it has made a senior debt investment in Zevia, LLC. Headquartered in Los Angeles, CA, Zevia is a rapidly-growing premier manufacturer and distributor of a wide variety of zero calorie, non-GMO verified, stevia-sweetened...
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September 03, 2019, 08:55 AM
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Fifth Third Business Capital, a division of Fifth Third Bank, announced it acted as sole lender and administrative agent on the funding of a $9,500,000 senior credit facility to Leola, Pennsylvania-based Ross Technology Corporation (“Ross”).“We are...
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August 26, 2019, 08:50 AM
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Amerisource Business Capital announced the closing and funding of a $3,500,000 credit facility for a speciality manufacturing company based in New York. Proceeds of the facility are being used to support their growth.Andy Allaire, Regional Market...
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August 13, 2019, 08:05 AM
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MidCap Business Credit announced they have closed on a $5,500,000 Asset Based Credit Facility for Mitchell Rubber Products, LLC. Headquartered in Mira Loma, CA, Mitchell Rubber Products provides molded rubber components and other branded elastomeric...
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August 12, 2019, 08:50 AM
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Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6.1 million credit facility including a revolving line of credit, equipment term loan and a real estate term loan for a commercial door manufacturer...
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August 12, 2019, 08:00 AM
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Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a precision parts design and manufacturing company based in New York. The company was recently acquired by a private equity firm and proceeds of the...
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Stonegate Capital is pleased to announce it has made a senior debt investment into JSI Store Fixtures, a portfolio company of RFE Investment Partners. Headquartered in Maine, JSI designs and manufactures high-quality merchandising displays for the...
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Phoenix Capital Resources (“Phoenix Capital”), a leading middle market special situations investment bank, acted as the financial advisor and investment banker to Spray Products Corporation (the “Company”) in arranging, structuring, and negotiating a...
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Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company committed to providing equipment and process controls to the water treatment and manufacturing sectors.This Original Equipment Manufacturer is in the pursuit...
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Stonegate Capital announced it has closed a $10.5 million senior credit facility with PureTek Corporation. Headquartered in Panorama City, CA, PureTek manufactures a variety of branded and private label pharmaceutical, nutritional and personal care...
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MidCap Business Credit announced they have closed on an $8,500,000 Asset Based Credit Facility for ProFusion Industries, LLC, a portfolio company of Peak Rock Capital, a leading middle-market private equity fund. Headquartered in Fairlawn, OH...
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Siena Lending Group LLC announced the completion of a $7.5 million revolving credit facility for Seitz LLC (Seitz). The facility was used to refinance Seitz’s existing senior debt and support their working capital needs. Siena’s facility was done in...
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Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for a design and manufacturing company based in upstate New York. Proceeds of the facility are being used to support their growth.Andy Allaire...
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White Oak Global Advisors, LLC (White Oak) announced it acted as sole lender and administrative agent to provide a $30 million senior credit facility to Danimer Scientific Holdings, LLC (Danimer), a manufacturer of specialty compostable and...
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MB Business Capital, a division of MB Financial Bank, N.A., announced it acted as sole lender and administrative agent on the funding of a $6,500,000 senior credit facility to Moxee, Washington-based Farwest Operating, LLC (“Farwest” or the...
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February 20, 2019, 09:00 AM
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Economic activity in the manufacturing sector expanded in January, and the overall economy grew for the 117th consecutive month, according to the nation’s supply executives in the latest Manufacturing ISM Report on Business.
The report was issued by...
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February 05, 2019, 07:00 AM
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Citizens Commercial Banking is leading a $60 million senior secured credit facility for API Heat Transfer Company, which through its operating subsidiaries, designs and manufactures a wide range of specialty heat exchangers and heat transfer...
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January 25, 2019, 07:10 AM
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