Gordon Brothers has funded the management buyout of the OnDemand division's business and assets from the global e-commerce technology group and brand owner THG plc through a £5 million facility secured by multiple collateral classes, including...
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PFSweb, a premier eCommerce order fulfillment provider, closed a $25 million asset-based secured lending agreement with Texas Capital Bank.Under the credit agreement, and subject to the terms set forth therein, the lenders have agreed to provide...
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Eclipse Business Capital (“EBC”), provided a $135 million senior secured revolving credit facility to an e-commerce retailer.The credit facility is secured by accounts receivable and inventory with the proceeds being used to refinance the existing...
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February 28, 2023, 07:48 AM
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Tiger Finance and Pilot Wave E-Commerce Holdings (PWE) have closed on a flexible, $20 million credit facility — providing working capital to support PWE’s data-driven approach to acquiring, operating, and scaling ecommerce businesses. The credit...
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November 30, 2022, 07:51 AM
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Balance, a leader in B2B payments specializing in financing and ecommerce, announced a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital. This announcement comes on the heels of Balance’s $56M...
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November 23, 2022, 07:12 AM
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Iron Horse Credit (“IHC”), closed a $2,500,000 stand-alone inventory revolving line of credit to an e-commerce retailer and wholesaler of athletic mats and flooring tiles. Started by a husband and wife from their garage, the company’s product was...
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October 26, 2022, 07:09 AM
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Citizens is leading a new senior secured credit facility for Nashua, N.H.-based 1A Auto, Inc., a leading specialty e-tailer of automotive products. Citizens is Lead Left Arranger and Administrative Agent.The company, which provides aftermarket...
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Second Avenue Capital Partners closed on a $10,000,000 senior secured credit facility (which includes an accordion feature) for myGemma, a modern and professional alternative for consumers wanting to buy or sell high-end luxury goods. The credit...
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Iron Horse Credit (“IHC”) closed a $3,000,000 stand-alone inventory revolving line of credit to an e-commerce retailer of bedding and loungewear.As a fourth-generation family involved in the textile industry, the client has developed a product of...
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Victory Park Capital (“VPC”) provided a $100 million credit facility to Juvo+, one of the top private label product developers in e-commerce. The funding will primarily be used to launch innovative new products and fund strategic expansion as Juvo+...
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CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance arranged up to $47 million in financing for a leading e-commerce seller of branded consumer products.The financing consists of a $30 million revolving credit facility...
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Tiger Finance closed on $8.2 million in growth financing for Outdoor Adventure Brands (OAB)—an ecommerce and retail company known for its Austin Canoe & Kayak stores in Texas and Summit Sports locations in Michigan.Private-equity sponsor Digital Fuel...
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October 14, 2021, 08:00 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 leveraged buyout of GLD, LLC by H.I.G Growth Partners. Abacus made an equity co-investment in...
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October 12, 2021, 07:25 AM
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Boxed, an e-commerce grocery platform selling bulk consumables to households and businesses, and an e-commerce enabler selling software and services to enterprise retailers around the world, entered into a new $45 million secured credit facility...
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August 06, 2021, 07:05 AM
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Tech Capital, the asset-based finance company and wholly owned subsidiary of Tech CU, announced that it is participating in a $30 million term loan originated and led by Multiplier Capital. This loan will serve the growth capital needs of one of...
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Gordon Brothers partnered with the investment banking firm Consensus to provide a $13 million term loan to Moda Operandi to support the sale of its business.“The Gordon Brothers team was remarkable to work with,” said Stephanie Roberts, Interim Chief...
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Tiger Finance, an affiliate of Tiger Group provided financing to support the April 2021 acquisition of digitally native fashion retailer ModCloth by Nogin, the market leader in outsourced e-commerce for major fashion and consumer product...
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Horizon Technology Finance provided a $9 million venture loan facility to Primary Kids, Inc., of which $6 million has been initially funded. Primary is an online baby and children's clothing brand offering timeless styles in a rainbow of solid colors...
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Encina Business Credit provided a $25 million senior revolving credit facility to an e-commerce retailer. The senior secured revolving line of credit, which is collateralized by accounts receivable, and inventory, was used to provide working capital...
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February 23, 2021, 07:42 AM
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Fifth Third Bank's Asset Based Lending Group, acting as sole lender, provided a $100 million asset-based revolving credit facility for a West Coast based e-commerce retailer. The company will use the facility to support growth and for ongoing working...
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February 11, 2021, 07:30 AM
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Victory Park Capital closed a multi-year credit facility with Cap Hill Brands, a technology-driven consumer goods platform that acquires and operates e-commerce brands with an initial focus on Amazon-first brands. The credit facility marks the third...
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February 04, 2021, 07:30 AM
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Walmart announced that sellers on its Marketplace e-commerce site will be able to apply for lines of credit offered by Marcus by Goldman Sachs. Access to affordable capital is more important than ever as businesses large and small work to adapt and...
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September 23, 2020, 09:10 AM
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Monroe Credit Advisors (“MCA”) announced the successful placement of $27.1 million in senior credit facilities on behalf of Viva5 Corporation (“Viva5” or “the Company”). MCA was the Company’s exclusive financial advisor and placement agent and ran...
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Second Avenue Capital Partners, LLC announced it has closed on a $17,000,000 senior secured credit facility to Crown & Caliber, an online marketplace leader in authenticated pre-owned luxury watches. The credit facility will be used to support growth...
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Byline Bank Sponsor Finance (BSF) announced that it has provided revolver and term credit facilities to finance Kian Capital’s recapitalization of The Eastwood Company (Eastwood). BSF was represented by Duane Morris, LLP.Founded in 1978, Eastwood is...
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August 30, 2019, 08:35 AM
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Hilco Streambank, a leading intellectual property advisory firm specializing in the valuation and sale of intangible assets, has been retained by Charming Charlie to solicit interest in the brand and related intellectual property assets, including...
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August 28, 2019, 08:50 AM
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Catalina, a market leader in shopper intelligence and personalized digital media that converts shoppers into buyers, announced that it has reached an agreement with over 90% of the company's first lien lenders and over 75% of the company's second...
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December 13, 2018, 08:13 AM
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Amazon.com has increased its corporate line of credit by $4 billion, raising its borrowing limit with lenders to $7 billion, according a filing with the SEC.
Bank of America, N.A.served as administrative agent to the syndicated facility, which...
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RumbleOn, Inc., a disruptive e-commerce platform facilitating, in one online location, the ability of consumers and dealers to buy, sell, trade, and finance pre-owned vehicles with an emphasis on motorcycles and other powersports, announced it has...
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Super G provided a $2.5 million second lien credit facility to a venture capital-backed subscription e-commerce brand.The funding will be used for working capital. The company is in growth mode, rolling out direct-to-consumer brands in addition to...
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Great American Capital Partners, a wholly owned subsidiary of B. Riley Financial, Inc. has entered into an agreement with EVINE Live Inc. to provide a $17 million senior secured term loan. Proceeds from the loan will be used for general corporate...
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Marquette Business Credit announced it has provided EBuys, Inc. (dba Shoe Metro) with a $17.5 million revolving line of credit to support its continued growth. Founded in 2004, EBuys is a rapidly growing on-line discount retailer of brand name...
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December 29, 2015, 07:55 AM
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Garrison Investment Group LP announced the funding of a $100.0 million term loan credit facility to Speed Commerce, Inc. Proceeds from the transaction will be used to refinance an existing term loan facility and finance the acquisition of Fifth Gear...
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November 26, 2014, 08:09 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., has provided a $9 million revolving credit facility to SureSource LLC. Headquartered in Shelton, CT, SureSource is a leading provider of direct-to-consumer e-commerce...
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Monroe Capital LLC announced the funding of a $20.8 million unitranche credit facility to support the growth of Gracelock Industries.Based in Los Angeles, Gracelock Industries is a privately held e-commerce provider to the marine, power sports, and...
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