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News Stories (20 Results) - Line of Credit

Perceptron, Inc., a global provider of 3D automated metrology solutions and coordinate measuring machines, announced it has entered into a new loan agreement for an $8 million on-demand line of credit with Chemical Bank. The new credit line provides... Read Story
December 07, 2017, 07:01 AM


Gibraltar Business Capital recently closed on a new $6.75 million asset-based line of credit for St. Paul, Minn.-based Maple Island Inc., a manufacturer, processor and packager of quality food-powder products and one of the only vendors that is... Read Story
May 23, 2017, 07:25 AM


Motorola Solutions, Inc. entered into a new revolving credit agreement with JPMorgan Chase Bank, N.A., as administrative agent, and the several lenders and agents party thereto. The New Credit Agreement provides for a $2.2 billion revolving credit... Read Story
April 28, 2017, 07:19 AM


Xplore Technologies, a provider of rugged tablet PCs, announced that it has entered into a new $15 million three-year secured line of credit with Bank of America. The company will also move its commercial banking relationships to Bank of America.... Read Story
April 20, 2017, 07:22 AM


Gibraltar Business Capital closed a new $8.8 million asset-based line of credit for Greensboro, N.C.-based Elastic Fabrics of America, a manufacturer of warp-knitted and circular-elastomeric fabrics that are used to make lingerie, athletic apparel... Read Story
April 03, 2017, 07:17 AM


Gibraltar Business Capital closed a new $2 million asset-based line of credit for Custom Wood Products (CWP), a producer of fine custom wood cabinetry located in Roanoke, VA. Working with CWP and financial sponsor, Wafra Partners LP, an affiliate of... Read Story
February 01, 2017, 07:49 AM


Oxford Finance and Silicon Valley Bank announced the closing of a credit facility, including a $10 million senior secured term loan and a $7 million line of credit, with Labcyte Inc. Labcyte is a global biotechnology tools company that is... Read Story
May 06, 2015, 07:34 AM


US Capital Partners Inc. has provided a $30 million line of credit for LESS Institute, a network of surgery centers offering best-in-class outpatient and surgical care services across the United States. US Capital Partners is a private investment... Read Story
May 06, 2015, 07:20 AM


Aehr Test Systems, a worldwide supplier of semiconductor test and burn-in equipment, has completed a convertible debt financing with strategic investor QVT Financial LP consisting of a $4.1 million convertible note and a $2 million line of credit.The... Read Story
April 13, 2015, 07:20 AM


Bridge Capital Holdings, whose subsidiary is Bridge Bank, a full-service professional business bank headquartered in Silicon Valley and with offices located nationwide, has expanded its relationship with Certent, Inc., a client since 2008, with a... Read Story
April 13, 2015, 07:13 AM


MidCap Business Credit announced that it has completed a $7 million asset-based line of credit to Vertex Energy, Inc., headquartered in Houston, Texas. Vertex Energy, Inc. recycles industrial waste streams and off-specification commercial chemical... Read Story
April 02, 2015, 07:22 AM


GE Capital’s Healthcare Financial Services acted as administrative agent in a transaction that provided a $550 million revolving line of credit to Genesis Healthcare, Inc. GE Capital Markets served as sole bookrunner and lead arranger. Based in... Read Story
February 18, 2015, 07:49 AM


Privately held technology firm Zeeto announced that it has secured a $3 million working capital line of credit from Bridge Bank. The news comes on the heels of Zeeto’s recent announcement to diversify and expand upon its proprietary technology that... Read Story
February 03, 2015, 07:16 AM


ScripsAmerica, Inc. announced that the company has secured a $4 million line of credit from Triumph Healthcare Finance. The line of credit will be used by ScripsAmerica to fund the expansion of its specialty pharmacy operations in the US and pay off... Read Story
December 11, 2014, 07:41 AM


Bridge Capital Holdings has provided Hunter Technology, a leading provider of electronic design and manufacturing services for defense/aerospace, networking/telecom, and medical customers, with $8 million in financing in the form of a line of credit... Read Story
December 05, 2014, 07:27 AM


MyECheck, Inc., a leader in electronic check solutions for internet and mobile payments, secured a $5 million line of credit from TCA Fund Management Group, a U.S.-based investment management company that specializes in senior secured lending and... Read Story
October 31, 2014, 07:17 AM


National HealthCare Corporation, the nation’s oldest publicly traded senior health care company,has renewed its $75 million line of credit with Bank of America.Robert Adams, CEO, stated: “We are pleased to complete our seventh amendment to our Credit... Read Story
October 23, 2014, 07:11 AM


Marquette recently funded a $5 million working capital line of credit to Luke's Locker. The facility will provide future working capital requirements for the borrower as it continues to expand throughout Texas. This transaction was originated by... Read Story
October 16, 2014, 07:42 AM


Bridge Bank announced that it has provided Digital Trends, a leading consumer technology publisher headquartered in Portland, Oregon, a $2.5 million line of credit to support its working capital needs."We are pleased to support Digital Trends as they... Read Story
October 15, 2014, 06:54 AM


Yashi, an innovative location-focused advertising company, announced it has received a $4 million committed line of credit from PNC Bank. The new credit line will support the company's rapid growth."We are proud to announce that we have successfully... Read Story
September 17, 2014, 07:10 AM