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News Stories (3 Results) - CIBC US Asset-Based Lending

CIBC US Asset Based Lending recently provided NW Automotive Group, LLC, a portfolio company of New Water Capital, dba LUXIT, with a new Senior Credit Facility to support working capital and growth needs, as well as provide a full suite of banking... Read Story
December 12, 2025, 07:00 AM


CIBC U.S. Asset Based Lending closed an upsized credit facility to further support and strengthen long-term client, World’s Finest Chocolate Inc., and its conversion from a family-owned business to a partial ESOP, as well as provide working capital... Read Story
November 20, 2025, 08:05 AM


CIBC ABL closed four new transactions, totaling $107 million, in November and December 2024. The momentum and strong growth late in 2024 signals a positive outlook for the upcoming fiscal year with a depth of new deal flow still to come.The... Read Story
January 24, 2025, 08:10 AM