LSQ originated a $15 million invoice finance facility for a Florida-based distributor of cellular phones and other personal electronic devices.The company will use the additional capital to support its growth trajectory since adding new product lines...
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April 18, 2024, 07:50 AM
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SLR Business Credit funded a $1,750,000 asset-based revolving line of credit for an electronic board assembler and manufacturer.The company had experienced losses, and the bank referred them to SLR Business Credit. SLRBC was able to provide a...
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April 11, 2024, 07:03 AM
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SLR Business Credit funded a $20,000,000 ABL RLOC for an eighty-eight-year-old electronics products manufacturer. The funds were used to provide additional working capital for growth.The company had experienced some losses due to supply chain...
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March 14, 2024, 07:24 AM
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Eclipse Business Capital (“EBC”) provided an $85 million senior secured ABL credit facility to an electronics retailer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing...
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March 05, 2024, 07:49 AM
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Daktronics announced it has enhanced its financial position by closing on a new 3-year $75 million senior secured credit facility (the “New Senior Debt Facility”) with JPMorgan Chase maturing on May 11, 2026. In addition, Daktronics announced it has...
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May 12, 2023, 07:45 AM
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Amerisource Business Capital announced the closing and funding of a $1,500,000 credit facility for a New York based manufacturer and distributor of electrical components. Proceeds of the facility are being used for growth capital.
Andy Allaire...
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February 28, 2019, 07:02 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $25 million asset-based revolving credit facility to an electronic device repair company. The credit facility consists of a working capital revolver secured primarily by accounts...
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February 21, 2019, 07:08 AM
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B. Riley FBR, Inc., a leading full service investment bank and wholly-owned subsidiary of B. Riley Financial, Inc., announced it served as the exclusive financial advisor and debt placement agent in support of SMTC Corporation’s announced acquisition...
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November 15, 2018, 07:30 AM
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iRobot Corporation entered into a First Amendment to Amended and Restated Credit Agreement to its existing unsecured revolving credit facility with Bank of America, N.A. dated December 20, 2013, and a First Amendment to Amended and Restated...
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July 06, 2018, 07:01 AM
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Celestica Inc., a provider of design, manufacturing and supply chain solutions, announced that it has entered into a new $800 million credit facility established pursuant to a credit agreement with a syndicate of lenders and Bank of America, N.A. as...
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June 28, 2018, 07:13 AM
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Applied Optoelectronics, Inc. entered into a three year, $50 million, revolving line of credit with Branch Banking and Trust Company (BB&T). Borrowings under the Credit Facility will be used for general corporate purposes, according to a regulatory...
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October 09, 2017, 07:07 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Eden Prairie, Minnesota-based Logic PD, Inc. Logic PD is an Electronics Manufacturing Services (EMS) and Product...
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September 06, 2017, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,000,000 senior credit facility to Eden Prairie, Minnesota-based Logic PD, Inc. Logic PD is an Electronics Manufacturing Services (EMS) and Product...
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August 30, 2017, 07:00 AM
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Nortech Systems Incorporated, a provider of full-service electronics manufacturing services (EMS), announced it has closed a new credit facility of up to $21 million with Bank of America Merrill Lynch with an additional $20 million accordion feature....
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June 16, 2017, 07:18 AM
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