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News Stories (36 Results) - Siena Lending

Siena Lending Group LLC announced the completion of a $12.0 million revolving credit facility for New Age Beverages Corporation (New Age). The facility was used to support the company’s inventory requirements and growth plans, and to refinance the... Read Story
October 10, 2018, 07:00 AM


Siena Lending Group LLC announced the completion of a $3.75 million asset-based revolving credit and term loan facility for MDT Holdings LLC, the owner of Michael Dusi Logistics (MD”). The facility will be used to support the company’s growth and... Read Story
September 06, 2018, 07:12 AM


Siena Lending Group LLC announced the completion of a three-year $10 million revolving credit facility for Shale Support Holdings, LLC to provide additional working capital to support the growth of their business. Headquartered in Picayune, MS, Shale... Read Story
May 01, 2018, 07:13 AM


Siena Lending Group LLC announced the completion of a three-year asset based revolving and term loan credit facility for Iceberg Enterprises LLC (Iceberg) to refinance their existing credit facility and to provide additional working capital for the... Read Story
March 13, 2018, 07:15 AM


Siena Lending Group LLC announced the completion of a $12 million revolving credit facility in conjunction with a $21 million term loan facility for PCX Aerostructures, LLC (PCX). The facilities were used to refinance the company's existing senior... Read Story
February 27, 2018, 07:19 AM


Super G Funding, LLC announces corporate name change to Super G Capital, LLC to reflect increased lending size, expanded deal team and push into the lower middle market. Super G Capital has transformed into the leading provider of second lien debt... Read Story
March 01, 2017, 07:10 AM


Super G Funding, a leading national provider of residual and cash flow based loans to lower middle market businesses, announced the hiring of Steve Bellah. Based in Dallas, Bellah is joining Super G to help scale the growing Cash Flow Lending... Read Story
October 18, 2016, 07:43 AM


Siena Lending Group announced Maria Palomino has joined as Senior Vice President New Business Originations -- Western Region, based out of Los Angeles. In this position, she will be focused on originating middle market transactions and new bank... Read Story
September 29, 2016, 07:42 AM


Siena Lending Group announced the completion of a three-year $4.5 million asset based revolving credit facility for Amstek Metal LLC to refinance their existing senior debt and to provide additional working capital for the business. Located in Joliet... Read Story
August 30, 2016, 07:42 AM


Gross & Janes Co. (G&J) has completed a recapitalization, including an asset-based revolving credit facility from Siena Lending Group LLC and a term loan provided by CapX Partners.  FocalPoint acted as exclusive financial advisor to G&J.Headquartered... Read Story
April 20, 2016, 07:58 AM


SSG Capital Advisors acted as the exclusive investment banker to ITG Communications, LLC ("ITG" or the "Company") in the placement of a financing package which enabled ITG to refinance existing indebtedness and generate additional liquidity for... Read Story
March 31, 2016, 07:38 AM


Siena Lending Group continues to expand its nationwide platform with today’s announcement of the hiring of Steve Bellah as the Southwest Regional Director. Bellah, a highly seasoned ABL veteran, will be focused on originating middle-market... Read Story
December 03, 2015, 08:17 AM


Siena Lending Group announced the completion of a $6.6 million debtor-in-possession revolving credit facility for Lincoln Paper and Tissue LLC (“Lincoln”). The facility will be used for working capital needs as a sale is completed through the 363... Read Story
October 06, 2015, 07:39 AM


Siena Lending Group announces the completion of a $7.25 million revolving and term loan facility for Don Rose Oil Company (“DRO”). The facility was used to refinance the existing lender as well as providing additional liquidity for working capital... Read Story
August 03, 2015, 07:53 AM


Siena Lending Group announced the completion of an $8 million revolving and term loan facility for Southern Parallel Forest Products Corp. The facility will be used to purchase a sawmill and planer mill as well as providing additional liquidity for... Read Story
July 28, 2015, 08:04 AM


Siena Lending Group announced the completion of a $14.5 million revolving and term loan facility for AmerTac Holdings, Inc. (AmerTac). The facility was used to refinance the existing lender as well as providing additional liquidity for working... Read Story
June 24, 2015, 08:01 AM


Siena Lending Group continues to expand its asset-based platform with today’s announcement of the hiring of Chris McKernan as Director New Business Originations – Western Region. McKernan, a highly seasoned ABL veteran, will be joining Scott Elliotto... Read Story
May 27, 2015, 08:02 AM


Siena Lending Group LLC  (‘Siena”) announced the completion of a $3.0 million revolving credit facility for The Smedley Company (“Smedley”). The facility was used to refinance Smedley’s existing credit facility and will be used for working capital... Read Story
January 12, 2015, 07:53 AM


Siena Lending Group LLC announces the completion of a three-year $25 million asset-based revolving credit facility for Universal Lubricants, LLC, a portfolio company of Pegasus Capital Advisors. Universal Lubricants, LLC will utilize the facility to... Read Story
December 15, 2014, 09:03 AM


Siena Lending Group LLC announced the completion of a $15.0 million revolving credit facility for Pacific Steel Casting Company, LLC (“Pacific”). The facility was used to fund the acquisition of Pacific Steel Casting Company by Speyside Equity out of... Read Story
September 15, 2014, 07:38 AM


Siena Lending Group announced the completion of a three-year $10 million senior secured revolving credit facility as part of a $25 million refinancing for Horizon Coach Lines (“HCL”). The financing was completed in conjunction with a capital lease... Read Story
September 10, 2014, 07:51 AM


Swisher Hygiene Inc. has closed on a $20 million revolving credit facility with Siena Lending Group LLC. Interest on borrowings under the credit facility will accrue at the Base Rate plus 2.00%. Base Rate is defined as the greater of (1) the Prime... Read Story
September 03, 2014, 07:41 AM


Siena Lending Group LLC (“Siena”) announced the completion of a three year, $10 million senior secured revolving credit facility for Hudson Global Resources Management, Inc. (“Hudson”). The facility will be used to repay the company’s existing lender... Read Story
August 13, 2014, 07:17 AM


Siena Lending Group announced the completion of a three-year $1.5 million asset-based revolving credit facility for Progressive Products, LLC.  Proceeds from Siena’s facility were used in conjunction with an SBA loan provided by a nationally... Read Story
July 14, 2014, 07:33 AM


Siena Lending Group announced the completion of a $8.5 million debtor-in-possession revolving credit facility for Pacific Steel Casting Company. The facility will be used to repay the existing lender and for working capital needs as the sale of the... Read Story
April 16, 2014, 07:19 AM


Siena Lending Group LLC (Siena) announced the completion of a three-year $3 million senior secured revolving credit facility for Trigger Point Performance, Inc.  (Trigger Point).  The facility will be used for working capital needs as Trigger Point... Read Story
February 03, 2014, 07:25 AM


Siena Lending Group announced the completion of a one-year $1.5 million senior secured revolving credit facility for Vinturi, Inc.  The facility will be used to support Vinturi’s working capital and seasonal requirements. Headquartered in Carlsbad... Read Story
January 15, 2014, 07:29 AM


Siena Lending Group announced of the hiring of Barry A. Kastner as Executive Vice President and Southeast Regional Manager. Kastner, a highly seasoned ABL veteran, will be focused on originating transactions and new banking partners, primarily in the... Read Story
December 10, 2013, 07:22 AM


Siena Lending Group LLC  announces the completion of a three-year $10 million senior secured revolving credit facility for Temp-Tations, LLC.  Proceeds from Siena’s facility will be used to allow the company to pay down higher priced subordinated... Read Story
December 03, 2013, 07:13 AM


Siena Lending Group (“SLG”) announced the closing of a servicing arrangement with Tenax Credit Opportunities Fund Ireland Limited (“Tenax”), in regards to a $10 million U.S. ABL facility. SLG worked closely with Tenax prior to closing to select the... Read Story
November 26, 2013, 07:13 AM


Siena Lending Group announced the completion of a three-year $2.425 million senior secured credit facility for Southern Tier Pet Nutrition LLC on October 17, 2013. The facility will be used to support the company’s working capital and capital... Read Story
October 25, 2013, 07:39 AM


Siena Lending Group LLC announced the completion of a senior secured revolving credit facility for New York City-based Kevyn Aucoin Beauty, Inc. (“Kevyn Aucoin”). The facility will be used to support the company’s working capital and rapid domestic... Read Story
August 21, 2013, 07:51 AM


Siena Lending Group and its affiliates announced the completion of a revolving credit facility with Wells Fargo Capital Finance. Siena will use this credit facility to expand its balance sheet and continue funding small and medium sized businesses... Read Story
August 08, 2013, 07:37 AM


Siena Lending Group announced the hiring of Steve Fuscaldo as director of new business originations.  With close to 30 years of asset based lending experience, Fuscaldo adds to the senior credit talent at Siena, while broadening its origination... Read Story
July 26, 2013, 07:56 AM


Siena Lending Group announced the completion of a $7 million senior secured revolving credit facility for Lovesac, an omni-channel retailer of revolutionary furniture products and accessories.  The facility will be used to support the company’s... Read Story
May 29, 2013, 07:26 AM


Siena Lending Group LLC announced its formal launch and the completion of its developmental phase. Siena's creation, engineered by operating financier Michael Carrazza, is the latest portfolio company sponsored by Solaia Capital, a private investment... Read Story
April 26, 2013, 07:48 AM