Great Elm Capital, a business development company, amended its existing $25 million revolving line of credit. City National Bank is the lender according to an 8K filed with the Securities and Exchange Commission.The amendment provides for a...
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November 28, 2023, 07:53 AM
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Great Elm Capital Corp. (GECC), a business development company, today announced that it has launched Great Elm Healthcare Finance, LLC (“GEHF”) with an affiliate of Berkadia Commercial Mortgage, LLC (“Berkadia”) as its strategic minority partner. Led...
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November 14, 2022, 08:00 AM
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Lenders Funding, a Great Elm Capital Corp. specialty finance company, announced that Chief Operating Officer and Chief Credit Officer, Harvey Friedman, will be retiring after leading its credit operations and overall administration for 18 years. In...
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September 23, 2022, 08:00 AM
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Great Elm Capital Corp. (GECC), a business development company, launched Great Elm Utica, LLC (“GEU”), a joint venture between GECC and Utica Leaseco (“Utica”), to co-invest in proprietary equipment financing transactions sourced by Utica.Founded in...
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March 07, 2022, 07:59 AM
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Great Elm Capital (GECC), a business development company, acquired a majority equity interest in Sterling Commercial Credit, LLC (“Sterling”) a leading asset-based lender.Established in 2004, Sterling provides asset-based loans to middle market...
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February 04, 2022, 08:00 AM
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Great Elm Specialty Finance, a newly formed, wholly owned subsidiary of Great Elm Capital Corp., a business development company, announced a new leadership appointment intended to foster the company’s private direct lending solutions to middle market...
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November 19, 2021, 08:00 AM
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Great Elm Capital Corp. (GECC), a business development company, has acquired a majority equity interest in Lenders Funding, LLC (Lenders) a private funding and risk sharing source for factors and asset-based lenders.Established in 2000, Lenders...
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September 21, 2021, 08:04 AM
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Great Elm Capital, a business development company, announced the Company has entered into a Loan, Guarantee and Security Agreement with City National Bank.The Loan Agreement provides for a senior secured revolving line of credit of up to $25 million...
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May 07, 2021, 07:57 AM
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Full Circle Capital Corporation ("Full Circle") announced that it has entered into a merger agreement with Great Elm Capital Corp., a company formed by Great Elm Capital Group, Inc. ("GEC", formerly Unwired Planet, Inc.) and funds managed by MAST...
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June 24, 2016, 07:30 AM
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