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News Stories (14 Results) - Agriculture

CIT Group Inc. announced that its Asset-Based Lending team served as administrative agent for a new $185 million senior secured, asset-based credit facility for Orscheln Farm and Home LLC, a leading retailer of farm supplies, home improvement... Read Story

June 04, 2020, 08:55 AM

Ares Management Corporation announced  that funds managed by its Alternative Credit strategy have provided a $450 million revolving asset-backed credit facility secured by agricultural production loans originated by Ag Resource Management (“ARM”).ARM... Read Story

February 11, 2020, 09:00 AM

Ceres Global Ag Corp. announced that it has entered into a fourth amended and restated credit agreement led by Macquarie Bank Limited, as administrative agent on behalf of a syndicate group of lenders which includes Bank of Montreal and Cooperatieve... Read Story

February 15, 2019, 07:19 AM

Great Rock Capital, an asset-focused commercial finance company specializing in middle market lending, announced the completion of a $25 million secured term loan for Zacky & Sons Poultry, a vertically integrated grower, processor, and distributor of... Read Story

June 07, 2018, 07:07 AM

Alliance One has entered into an ABL credit agreement with certain bank lenders establishing a senior secured revolving asset-based lending facility (the "ABL Facility") of $60.0 million subject to a borrowing base composed of its eligible accounts... Read Story

October 17, 2016, 07:44 AM

S&W Seed Company has signed and closed a $20 million asset-based credit facility with KeyBank National Association. The new credit facility is being utilized to refinance the company's existing Export-Import Bank-backed senior debt and provides... Read Story

September 24, 2015, 07:39 AM

Siena Lending Group LLC (“Siena”) announced the completion of an $8.0 million revolving credit facility for Wayne Bailey, Inc. (“Wayne Bailey”). The facility will be used to support on-going working capital needs.  Founded in 1935 and headquartered... Read Story

March 17, 2015, 07:17 AM

Minneapolis-based agri-business firm AgMotion has closed on a $45 million asset-based revolving credit facility with U.S. Bank to support the company’s continued growth. "We are very pleased to establish this new relationship with AgMotion. We were... Read Story

February 10, 2015, 07:51 AM

Rockland Trust announced on September 29 that it provided a $22.66 million asset-based credit facility to Decas Cranberry Sales. The credit facility to the Carver, MA-based cranberry processor includes a $15 million working capital line of credit, a... Read Story

October 06, 2014, 07:13 AM

Chromatin, Inc., a leading agriculture technology company, announced it has closed a three-year, $12.5 million credit facility with The PrivateBank.The credit facility represents Chromatin’s first financing with a commercial lender and provides... Read Story

July 10, 2014, 07:44 AM

Green Plains Inc. announced the completion of a $225 million senior secured credit facility due 2020 (the "Credit Facility") by its wholly-owned subsidiary, Green Plains Processing LLC (the "Borrower"). The proceeds of the Credit Facility will be... Read Story

June 11, 2014, 07:12 AM

First Capital announced it has provided a $5 million asset-based credit facility to Bushman Organic Farms, Inc., a producer of organic soy meal and related products primarily for sale to the organic poultry industry. The senior credit facility... Read Story

April 29, 2014, 07:53 AM

American Vanguard Corporation announced that its wholly owned subsidiary, Amvac Chemical Corporation, as borrower, and affiliates (including American Vanguard), as borrowers/guarantors, have entered into an amended and restated credit facility which... Read Story

June 19, 2013, 07:32 AM

Ascendant Consulting Partners has completed a capital restructuring for Saint Joseph, Mo.-based LifeLine Foods LLC. The capital restructuring consisted of a $25 million equity raise of preferred stock from existing shareholders and the extension of a... Read Story

January 04, 2013, 07:52 AM