Thrasio Holdings has entered into a restructuring support agreement with approximately 81% of its revolving credit facility lenders and approximately 88% of its term loan lenders that will eliminate approximately $495 million of the Company's...
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February 28, 2024, 07:49 AM
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Fifteen percent of consumers plan to spend more money this holiday season versus last year, with one-third of them doing so online. In fact, more consumers, almost one-third (31%), are expected to shop on Cyber Monday in 2018, according to a KPMG...
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November 19, 2018, 07:05 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $10 million senior secured credit facility to an online consumer products retailer. The credit facility consists of a revolver secured by accounts receivable and inventory, the...
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November 06, 2018, 07:04 AM
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According to the 8th annual CIT Retail Outlook, 80% of middle-market retailers rate their overall financial condition as healthy or very healthy. Many are cautiously optimistic about the upcoming holiday season and the near-term future. Sixty percent...
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November 23, 2016, 07:44 AM
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Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a credit facility to new client, Chubbies, Inc. an e-commerce apparel company. Proceeds from the facility will provide working capital to finance accelerated...
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February 04, 2016, 07:55 AM
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FTI Consulting, Inc., the global business advisory firm dedicated to helping organizations protect and enhance their enterprise value, today released its U.S. Online Retail Sales Forecast: Middle Aged but Still Looking Good, which projects U.S....
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October 23, 2015, 08:05 AM
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CapX Partners announced the closing of a $13 million senior loan facility to support the growth needs of Karmaloop, a multi-platform online retailer, community of style and media company specializing in global streetwear fashion and culture for men...
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July 23, 2014, 07:19 AM
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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...
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December 03, 2013, 07:13 AM
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