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News Stories (7 Results) - ecommerce

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... Read Story
June 22, 2023, 07:48 AM

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... Read Story
February 28, 2023, 07:48 AM

Runway Growth Capital closed a senior secured term loan of $80 million to Extensiv, a leader in omnichannel fulfillment solutions. The funding will be used to refinance existing debt and provide additional working capital, while also enhancing... Read Story
December 07, 2022, 07:50 AM

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... Read Story
October 26, 2022, 07:09 AM

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... Read Story
April 26, 2022, 07:58 AM

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+... Read Story
April 07, 2022, 07:41 AM

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... Read Story
October 14, 2021, 08:00 AM