Lighthouse Financial Corp. completed a $2,500,000 credit facility for a North Carolina-based manufacturer and distributor of athletic equipment. Since its inception in 1967, the company has never wavered from its primary mission: to provide...
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February 16, 2022, 08:00 AM
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INDUS Realty Trust announced that its wholly owned subsidiary, INDUS Realty Trust, LLC, entered into the fourth amendment to the Revolving Line of Credit Loan Agreement with Webster Bank. The Revolving Credit Line Amendment provides for an increase...
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March 25, 2021, 07:00 AM
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TAB Bank announced it has provided a $1 million asset-based credit facility for a transportation company located in Michigan. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs. In...
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December 08, 2020, 08:00 AM
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NGEx Resources Inc. announced that it has entered into a new $10,000,000 credit facility from Zebra Holdings and Investments S.à.r.l. a company controlled by a trust settled by the late Adolf H. Lundin, an insider of the Company.The Facility is...
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June 14, 2019, 08:30 AM
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Shawcor Ltd. announced that it has closed on the previously announced credit facility (the “Credit Facility”) with The Toronto-Dominion Bank and National Bank of Canada as co-lead arrangers and HSBC Bank Canada, JPMorgan Chase Bank, The Bank of Nova...
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March 14, 2019, 12:00 PM
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Keane Group, Inc. announced that on February 17, 2017 the Company entered into a new $150 million asset-based revolving credit facility to replace its existing $100 million asset-based revolving credit facility. The New ABL Facility will mature on...
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February 22, 2017, 08:10 AM
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (PMBC), announced that it has increased the credit facility for Neudesic to $5 million. The expanded line of credit was designed to support Neudesic’s rollout of...
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February 21, 2017, 07:18 AM
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Lighthouse Financial Corp. announced that it has provided a $2,500,000 revolving line of credit and a $321,000 term loan to a New Jersey based manufacturer of hair care products. Founded over 30 years ago, the company has been dedicated to serving...
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January 17, 2017, 07:00 AM
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Square 1 Bank, a division of Pacific Western Bank, today announced that it has provided a $7.5 million credit facility to new client ScaleArc, a leading provider of database load balancing software. Proceeds from the facility will help support the...
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January 11, 2017, 07:28 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $8 million senior credit facility to Arlington, Texas-based Lane Supply, Inc. Lane Supply designs, engineers, manufactures and installs metal structures...
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January 10, 2017, 08:00 AM
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Great Lakes Dredge & Dock Corporation, a provider of dredging services in the United States and a major provider of environmental and remediation services, announced it has closed on a $250 million three year revolving credit facility. PNC Bank...
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January 09, 2017, 08:05 AM
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BioScrip, Inc., a national provider of infusion and home care management solutions, announced that it has entered into an agreement to amend its existing Credit Agreement, dated July 31, 2013, among BioScrip, the guarantors, SunTrust Bank as...
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January 09, 2017, 08:03 AM
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Wheeler Real Estate Investment Trust has secured a $45 million revolving credit facility with KeyBank National Association. The company expects primarily to use the facility to acquire select grocery-anchored properties located in its targeted...
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June 02, 2015, 07:14 AM
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Square 1 Bank announced it has provided a $2 million credit facility to new client TaskEasy, an innovative SaaS platform that is changing how homeowners and rental property managers order and manage home exterior maintenance tasks. Proceeds of the...
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May 21, 2015, 07:32 AM
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Main Street Capital Corporation announced the expansion of total commitments under its five-year credit facility from $572.5 million to $597.5 million and an increase in the accordion feature of the Credit Facility from $650.0 million to $750.0...
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April 30, 2015, 07:51 AM
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Fresh Del Monte Produce Inc. entered into a new $800 million senior unsecured revolving credit facility with Bank of America, N.A. serving as the administrative agent and Merrill Lynch, Pierce, Fenner & Smith Inc. was sole lead arranger and sole book...
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April 17, 2015, 07:12 AM
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Sunoco LP announced today that it has amended its existing revolving credit facility and expanded aggregate credit commitments from $1.25 billion to $1.5 billion. The facility with a syndicate of banks matures in September 2019.The expansion will...
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April 13, 2015, 07:47 AM
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Huron Consulting Group, a leading provider of business consulting services, announced it has amended and restated its senior secured credit facility.Among other items, the amended and restated credit facility:
Eliminates the term loan and...
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April 03, 2015, 07:50 AM
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Square 1 Bank and Trinity Capital Investment announced their recent collaboration and closing of a $5 million credit facility to meet the debt financing needs of Sirrus, Inc., an industry leader in monomer and derivatives manufacturing.Sirrus was...
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March 31, 2015, 07:53 AM
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Stereotaxis, Inc., a global leader in innovative technologies for the treatment of cardiac arrhythmias, announced it has extended the maturity of its revolving credit facility with Silicon Valley Bank (SVB) by three years to March 31, 2018. The...
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March 30, 2015, 07:21 AM
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Capital One Bank announced it has provided a senior revolving line of credit to LOUD Security Systems. The line of credit will be used to fund growth opportunities including potential acquisitions that match their commitment to customer care along...
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March 27, 2015, 07:46 AM
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Fundbox, leading cash flow optimization tool for small businesses, announced today that it has raised $40 million in Series B financing led by General Catalyst Partners. Existing Fundbox investors Khosla Ventures, Shlomo Kramer, Blumberg Capital and...
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March 20, 2015, 07:54 AM
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RREEF Property Trust, Inc. announced the closing of a $75 million secured revolving credit facility with Wells Fargo Bank, National Association on March 6, 2015. At closing, RREEF Property Trust borrowed approximately $43.4 million under the facility...
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March 19, 2015, 07:24 AM
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Pacific Mercantile Bank announced that it has provided approximately $6 million to Otay Mesa Sales, Inc. for the refinancing of equipment loans. The recent equipment refinancing expands Pacific Mercantile's ongoing relationship with Otay Mesa Sales...
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March 12, 2015, 07:46 AM
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Ares Capital Corporation is providing additional details on its financing commitments closed during the fourth quarter of 2014, which were included in Ares Capital’s earnings announcement released on February 26, 2015. Financing commitments made by...
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March 09, 2015, 07:31 AM
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First Financial Business Capital, a division of First Financial Bank, announced the completion of a $2.815 million structured cash-flow credit facility that includes a revolving line of credit and term loan for a metal finishing company in Dayton, OH...
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March 03, 2015, 07:23 AM
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GA Telesis, LLC has closed on a new syndicated $150 million credit facility. Led by HSBC Bank USA, N.A., and with an increased commitment from four global and regional banks involved in the company's previous facility, the new credit facility has a...
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March 02, 2015, 07:33 AM
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GemCap has funded a $9 million loan facility to an Iowa based iron casting foundry, the facility is secured by accounts receivable, inventory, machinery, and equipment. In its capacity as chief restructuring officer, Huron Consulting Group selected...
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February 26, 2015, 07:32 AM
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Overnite Capital recently entered into a $200,000 credit facility, providing growth capital, with Blue Sky Wireless, L.L.C., a Florida based wholesale agent.Overnite Capital offers over three decades of commercial factoring experience in a wide range...
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February 18, 2015, 07:09 AM
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Exterran Partners, L.P. announced the execution of an amendment to its senior secured credit facility which, among other things, gives effect to revolving credit commitments from three new lenders and increases the revolving credit commitments of...
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February 05, 2015, 08:01 AM
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Monroe Capital LLC announced an increase in the credit facility to Data Physics Corporation to support the addition of Lansmont Corporation and Team Corporation. Both companies will join Data Physics, a portfolio company of Battery Ventures, as...
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February 04, 2015, 07:47 AM
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Square 1 Bank has provided a $3 million credit facility to Distil Networks, Inc., the global leader in bot detection and mitigation. Proceeds of the credit facility will help to support Distil's recent expansion to the West Coast as well as the...
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January 29, 2015, 07:22 AM
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BIND Therapeutics, a clinical-stage nanomedicine platform company developing targeted and programmable therapeutics called Accurins, announced that it has entered into an amendment of its existing credit facility from Hercules Technology III, L.P....
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January 27, 2015, 07:06 AM
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Patriot National, Inc., a national provider of comprehensive outsourcing solutions within the workers' compensation marketplace for insurance companies, employers, local governments and reinsurance captives, announced that it finalized a five-year...
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January 23, 2015, 07:53 AM
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Prospect Capital Corporation announced it has increased total commitments to its recently renewed 5.5-year $1.5 billion revolving credit facility by $75 million to $885 million in the aggregate.The facility was extended to March 2020 and pricing was...
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January 20, 2015, 07:52 AM
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CIT Group Inc., a leading provider of commercial lending and leasing services, announced that it served as lead arranger and administrative agent for a senior secured credit facility for Winchester Electronics Corp. (Winchester), a portfolio company...
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January 07, 2015, 07:16 AM
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Resolute Energy Corporation announced that it has entered into definitive agreements with respect to a $150 million second lien secured term loan with Highbridge Principal Strategies and has also amended its senior revolving credit facility. The...
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January 05, 2015, 07:47 AM
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Alcentra Capital Corporation increased its revolving credit facility to $115 million. The revolver was increased by $35 million via an amendment. There is an accordion feature that allows the facility to increase to $160 million. ING Capital LLC is...
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December 23, 2014, 07:44 AM
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GE Capital, Canada announced it has increased Van-Rob Inc. senior secured credit facility to $91 million. GE Capital, Canada served as lead arranger and administrative agent. The proceeds of the facility will be used for general working capital...
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December 22, 2014, 08:11 AM
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First Niagara Commercial Finance, Inc., a subsidiary of First Niagara Bank, N.A., recently closed on a new credit facility for Utica, New York-based R.L.E. Corporation, which goes to market as Casa Import, Atlantic International Products and...
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December 19, 2014, 07:49 AM
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Access Capital has closed a $1 million credit facility to a New York based professional recruitment agency specializing in the placement of candidates in permanent, contract and temporary positions within the financial services industry. The...
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December 16, 2014, 07:16 AM
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MB Business Capital, a division of MB Financial Bank, N.A.,announced it recently provided a new senior credit facility to Indianapolis, IN based Saran Acquisition, LLC. The company is a provider of industrial finishing and custom processing of...
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December 10, 2014, 07:40 AM
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Osisko Gold Royalties Ltd closed the previously announced $100 million revolving credit facility with National Bank of Canada. The credit facility will be used for investments in the mineral industry, including the acquisition of royalties and the...
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December 01, 2014, 07:54 AM
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Access Capital has closed a $650,000 credit facility to a Connecticut based security software company. The borrower has developed a network app that ensures secure transmissions between a laptop, smart phone or a tablet and another computer. ...
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November 21, 2014, 07:19 AM
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GE Capital’s Telecom, Media and Technology (TMT) financing business announced that it served as administrative agent on a $117.3 million senior secured credit facility to support ABRY Partners’ majority ownership position in KORE Wireless Group, Inc....
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November 18, 2014, 07:12 AM
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Overnite Capital recently entered into a $250,000 credit facility with Fabulous Floors Magazine, L.L.C., the leading consumer publisher in the floorcovering industry that publishes the quarterly Fabulous Floors and specialty publications for the...
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November 12, 2014, 07:16 AM
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Victory Park Capital, an asset management firm focused on middle-market debt and equity investments, announced it has provided a $20 million credit facility to Social Reality, Inc. Based in Los Angeles, Calif., Social Reality is a leader in automated...
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November 04, 2014, 07:33 AM
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American Capital, Ltd. announced the closing of a $500 million senior secured revolving credit facility, provided by Deutsche Bank AG. The facility, which matures in October 2016, currently bears interest at a rate of LIBOR plus 1.60%. Certain...
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October 31, 2014, 07:39 AM
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Chart Industries, Inc. has amended its senior secured credit facility. The amendment combines the company's prior term loan and revolving credit facility into a single revolving credit facility and increases it by $150 million, up to $450 million...
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October 30, 2014, 07:23 AM
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Golub Capital announced that as sole lead arranger and administrative agent, it provided a senior credit facility to support the acquisition of C.B. Fleet Company, Inc. d/b/a Fleet Laboratories ("Fleet Laboratories" or "the Company") by Gryphon...
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October 28, 2014, 07:59 AM
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Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, announced a recently closed accounts receivable and inventory credit facility, in the amount of $3 million. The facility was extended to a...
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October 28, 2014, 07:16 AM
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Exelon arranged $123 million in credit lines with 31 community and minority-owned banks in Illinois, Pennsylvania, Maryland and New Jersey, reinforcing the company’s commitment to invest in the diverse communities it serves. The minority and...
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October 24, 2014, 07:17 AM
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Century Communities, a leading builder of upscale single-family homes, townhomes and flats in select markets, today announced, that it has entered into a new three year, $120 million senior unsecured credit facility with an accordion feature allowing...
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October 22, 2014, 07:29 AM
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TAB Bank announced it has provided a $500 thousand revolving credit facility for an internet and telecommunications company located in the Southeast. The company provides Wifi, telephone, and design services for retail properties throughout the...
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October 22, 2014, 07:02 AM
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Prospect Capital Corporation has upsized its existing credit facilities to Onyx Payments (“Onyx”), an H.I.G. Capital portfolio company, by $86.1 million to facilitate Onyx's recapitalization and acquisitions of Net Trans Services AS (“Net Trans”) and...
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October 20, 2014, 08:08 AM
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General Motors Co. announced the execution of an unsecured $12.5 billion revolving credit facility consisting of a $5 billion three-year facility and a $7.5 billion five-year facility. The facility amends and extends GM's existing $11 billion credit...
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October 17, 2014, 03:13 PM
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Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, is pleased to announce that it has provided a $20 million credit facility for an existing industrial client in the Southeast.Founded in 1981...
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October 17, 2014, 07:04 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it has provided a $7.37 million senior credit facility for Wexco Incorporated and its operating subsidiaries, Fox Pool Corporation and Marquis Corp.“We are happy to partner with MB...
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October 16, 2014, 07:47 AM
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TAB Bank announced it has provided a $3.5 million asset-based revolving credit facility for a metal forging company located in Texas. The company forges and machines aluminum and steel into mission critical aircraft components for the aerospace...
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October 16, 2014, 07:33 AM
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First Capital, a specialized commercial finance company, announced that it has provided a $4 million asset-based senior credit facility to a provider of IT staffing personnel. The senior credit facility consists of a $4 million working capital...
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October 15, 2014, 07:42 AM
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Latisys, a leading international provider of hybrid cloud hosting and data center solutions, announced the expansion of its credit facility with RBC Capital Markets and TD Securities (USA) and funded by a consortium of over 20 leading financial...
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October 14, 2014, 07:27 AM
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MyHealthDirect announced today its next round of growth funding to continue rapid expansion of its patient access solutions. Current partners, Chrysalis Ventures and Arboretum Ventures provided equity funding, and new partner, Ares Capital...
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October 10, 2014, 07:48 AM
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RadioShack Corporation announced that it has entered into definitive agreements to restructure a portion of its existing debt, providing additional near-term liquidity and serving as a first step in a stronger foundation for the Company's continued...
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October 06, 2014, 07:28 AM
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Fresh Produce, a leading apparel brand for women, has secured a new senior credit facility via incumbent lender Wells Fargo Capital Finance, part of Wells Fargo & Company. This three-year facility more than doubles the company's available financing...
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October 06, 2014, 07:07 AM
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Team Health Holdings, Inc. has completed the amendment and restatement of its senior credit facility. J.P. Morgan Securities LLC, Bank of America Merrill Lynch, Fifth Third Bank, Citizens Commercial Banking, and Regions Capital Markets, a division of...
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October 03, 2014, 07:21 AM
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Fifth Street Finance Corp. announced additional commitments from one new and one existing lender to its syndicated credit facility led by ING Capital LLC. As a result, the committed facility size increased by $25 million to $705 million. The facility...
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October 01, 2014, 08:11 AM
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Angie's List announced that on September 26, 2014, it entered into a new $85 million credit agreement to provide increased financial flexibility for investments in growth. The new debt agreement consists of a five-year, $60 million senior secured...
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September 30, 2014, 08:07 AM
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SECURE Energy Services Inc. announced it has entered into an amended and restated $700 million syndicated credit facility ("Syndicated Facility") with a syndicate of ten financial institutions and Canadian Chartered banks.The Syndicated Facility...
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September 30, 2014, 07:06 AM
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Dundee Corporation announced that it has secured a $300 million, three-year revolving term credit facility with a syndicate of Canadian Schedule I Chartered Banks, led by National Bank of Canada as lead arranger and administrative agent."Securing...
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September 29, 2014, 07:19 AM
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InterCloud Systems, Inc. announced it has secured a new senior credit facility from Forward Investments. This new $8 million facility is secured by the consolidated accounts receivable of InterCloud and its subsidiaries."This new facility further...
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September 26, 2014, 07:19 AM
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Physicians Realty Trust, a self-managed healthcare real estate company, announced it has closed on a new unsecured revolving credit facility and paid off its secured revolving credit facility. The Unsecured Revolving Credit Facility increases the...
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September 19, 2014, 07:44 AM
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First Capital announced that it has provided a $7 million asset-based senior credit facility to a manufacturer of stand-up paddleboards and surf accessories. The senior credit facility consists of a $7 million working capital revolver collateralized...
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September 18, 2014, 06:09 AM
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GE Antares, a unit of GE Capital, served as administrative agent on a $170 million U.S. credit facility and $10 million Canadian credit facility supporting the acquisition of Innovative XCessories & Services, LLC (“IXS”) by Olympus Partners. GE...
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September 18, 2014, 06:01 AM
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AmTrust Financial Services, Inc. has entered into a $350 million credit agreement. The credit facility is a revolving credit facility with a letter of credit sublimit of $175 million and an expansion feature of not more than an additional $150...
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September 16, 2014, 07:28 AM
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Papa Murphy's Holdings, Inc. has successfully closed on a new $132 million senior secured credit facility. The new five year facility, consisting of a $112 million senior secured term loan and a $20 million revolving credit facility, replaces the...
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August 29, 2014, 07:46 AM
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Federal National Commercial Credit recently announced it closed a $6 million asset-based credit facility for an expanding Southeast courier service. The company had recently won a substantial contract with a major dot.com retailer and needed...
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August 25, 2014, 07:32 AM
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Square 1 Bank announced that it has provided a $1 million credit facility to new client Position2, a full-service, digital marketing firm that delivers continuous growth for its customers through high performance search, social media, and content...
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August 22, 2014, 07:26 AM
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North Mill Capital LLC announced the funding of a $2 million credit facility to a call center services company located in Connecticut. he credit facility allowed for North Mill to factor specific account receivables which had large potential...
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August 21, 2014, 07:08 AM
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Fifth Street Finance Corp. announced an incremental commitment from an existing lender to its syndicated bank credit facility led by ING Capital LLC. As a result, the committed facility size increased by $10 million to $680 million. The facility...
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August 18, 2014, 07:29 AM
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Terex Corporation announced that it has refinanced its existing senior secured credit facility with a new $1.1 billion senior secured credit facility. The new facility is comprised of a revolving line of credit of $600 million, a $230 million term...
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August 14, 2014, 07:13 AM
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First Capital provided an $8 million asset-based credit facility to Geneva Pipe and Precast, a manufacturer of concrete pipe and concrete cast solutions. The senior credit facility consists of a $4.5 million working capital revolver secured by...
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August 13, 2014, 07:48 AM
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CIT Group announced that CIT Aerospace provided a $27 million senior secured credit facility to Virgo Investment Group LLC, a private investment management firm, to finance its acquisition of four Boeing 737-700 aircraft leased to GOL, an airline...
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July 31, 2014, 07:58 AM
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CIT Group Inc. provided a senior secured credit facility to support Rosser Capital Partners’ significant investment in PetPeople, a specialty retail pet supply store that focuses on high quality, natural pet food. Financing was provided by CIT Bank...
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July 29, 2014, 07:32 AM
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RMG Networks Holding Corporation, or RMG Networks, a leading provider of technology-driven visual communications solutions, announced it has successfully completed a Third Amendment to its senior credit facility.The amended term loan facility...
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July 17, 2014, 07:09 AM
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North Mill Capital LLC announced the funding of a $5 million factoring credit facility to a company that distributes electronics to big box stores and is located in Minnesota. This is a start-up by management that had been in the industry. The...
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July 15, 2014, 07:11 AM
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GE Capital’s Healthcare Financial Services (HFS) business announced it is the sole lender on a $10 million senior secured term loan for OraMetrix, Inc. This transaction refinances the company’s previous $7.5 million multi-draw senior secured term...
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July 14, 2014, 07:32 AM
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Square 1 Bank provided a $7.5 million credit facility to new client NovaSom, Inc., a national leader in Obstructive Sleep Apnea (OSA) home testing. Proceeds of the credit facility will provide working capital to support future growth.Through the...
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July 09, 2014, 07:27 AM
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Amedica Corporation, a biomaterial company focused on using its Silicon Nitride technology platform to develop, manufacture and sell a broad range of medical devices, announced that it has secured up to $26.0 million in additional funding consisting...
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July 02, 2014, 07:26 AM
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American Capital, Ltd. announced the closing of a $750 million senior secured revolving credit facility, provided by Bank of America, N.A. The facility, which matures in June 2016, bears interest at a rate of LIBOR plus 1.60%."This new revolving...
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July 01, 2014, 07:03 AM
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North Mill Capital announced the funding of a $5 million accounts receivable and inventory credit facility and a $1 million term loan to a designer and manufacturer of medical instruments located in New Jersey. Funds were used to pay out current...
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July 01, 2014, 07:01 AM
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Revolutionary Concepts Inc., a publicly traded company that develops online mobile video software and remote security communication systems, is in contract negotiations with an investment company to obtain capital funding for the growth and expansion...
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June 30, 2014, 07:12 AM
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The Babcock & Wilcox Company (B&W) has completed the amendment and restatement of it senior secured credit facility. The Second Amended and Restated Credit Agreement increases B&W's revolving credit facility from $700 million to $1 billion for the...
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June 26, 2014, 07:18 AM
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Amerisource announced the closing and funding of a $500,000 credit facility for an oilfield drilling and construction services firm based in Minnesota. Amerisource was the perfect financing partner to execute on the quick turnaround required by this...
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June 24, 2014, 07:07 AM
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Superior Plus Corp. announced that its wholly-owned subsidiaries Superior Plus LP, Superior Plus US Financing Inc. and Comercial E Industrial ERCO (Chile) Limitada have completed an extension of $450 million of its $570 million syndicated credit...
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June 23, 2014, 07:26 AM
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TAB Bank announced it has provided a $750 thousand credit facility for an IT staffing company located in the Northeast. The company offers a wide range of services including custom application development, systems & applications integration, web...
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June 19, 2014, 07:11 AM
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Oxford Finance LLC announced that a $6.1 million round of financing was provided to Synergy Health Centers ("Synergy"). Proceeds of the loan will be used to acquire the Park Avenue Health Center in Arlington, Massachusetts."Oxford is pleased to...
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June 18, 2014, 04:03 PM
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Tellza Communications Inc. announced that it has come to terms with its senior lender, Royal Bank of Canada, to increase its credit facility from $3.5 million to $5.0 million. In conjunction with the increase in Tellza's credit facility, the bank has...
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June 16, 2014, 07:31 AM
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Samson Oil & Gas announced it has updated its credit agreement with Mutual of Omaha Bank to increase the borrowing base of this facility to $15.5 million. The terms of the facility agreement otherwise remain unchanged, being a three- year term with...
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June 16, 2014, 07:16 AM
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Square 1 Bank announced that it has provided a $1.5 million credit facility to new client Education Elements, Inc., a nationally recognized personalized learning solutions company that partners with districts and schools to transform teaching and...
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June 13, 2014, 07:47 AM
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Rexford Industrial Realty, Inc., a real estate investment trust focused on owning and operating industrial properties located in Southern California infill markets, today announced that it has amended the terms and expanded the availability under its...
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June 13, 2014, 07:24 AM
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GE Antares, a unit of GE Capital, announced it served as administrative agent on a $107 million multi-currency, cross-border credit facility to McLarens Global Limited (McLarens). The transaction refinanced the company’s senior debt, repaid its...
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June 10, 2014, 07:51 AM
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MidCap Business Credit announced that it has completed a $3.5 million asset-based credit facility to Smart Chemical Services, headquartered in Amarillo, TX. Smart Chemical Services is chemical provider serving the oil and gas industries. The...
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June 09, 2014, 07:46 AM
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OSI Systems, Inc. has entered into an amendment to its credit facility that increases the amount available to $450 million. The amendment extends the maturity from November 2016 to May 2019 and increases the flexibility of certain restrictive...
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May 30, 2014, 07:25 AM
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Compass Datacenters has completed a new round of capital raising to support the company's expansion into additional geographic markets and to fund new data center construction projects for customers. This new capital consists of $35 million in...
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May 29, 2014, 07:49 AM
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Square 1 Bank announced that it has provided a $2 million credit facility to new client The Hunt, an innovative consumer-driven shopping experience that helps users identify, find and purchase items they encounter in photos across social channels....
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May 29, 2014, 07:11 AM
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CIT Group Inc. announced that it served as joint lead arranger in a $92 million senior secured credit facility to support Wellspring Capital Management’s strategic investment in Great Lakes Caring, one of the largest independent providers of home...
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May 28, 2014, 07:26 AM
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Bengal Energy Ltd. announced that it has signed an indicative term sheet for a U.S. $20.0 million secured credit facility (the "Facility") with a leading Australian commercial bank (the "Lender"), and provides an update on its Cuisinier exploration...
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May 27, 2014, 07:31 AM
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Alcentra Capital Corporation announced today that Alcentra has provided $3 million in senior debt to Contract Datascan Holdings, Inc. ("Datascan"). Alcentra drew down on its revolving credit facility to fund the investment.Datascan provides retailers...
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May 20, 2014, 07:26 AM
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Prospect Capital Corporation announced that Prospect has increased total commitments to its five-year $1.0 billion revolving credit facility by $45.0 million to $837.5 million in the aggregate.The Facility includes an accordion feature that allows...
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May 14, 2014, 07:35 AM
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Monroe Capital LLC announced an increase in the credit facility to $25 million to support the continued growth of West World Media, LLC. Based in Ridgefield, Connecticut, West World Media, LLC is the leading provider of global movie showtimes...
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May 13, 2014, 07:32 AM
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Diamond Resorts International, Inc. announced the closing of its previously announced $470 million senior secured credit facility with Credit Suisse AG, as administrative agent and collateral agent, which includes a $445 million term loan issued with...
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May 12, 2014, 07:48 AM
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US Capital Partners, LLC has provided a $1.5 million credit facility for November Research Group, LLC (“November Research”), headquartered in Oakland, CA. “We are extremely pleased with this well-structured debt financing, which is designed to...
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May 07, 2014, 07:23 AM
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Veritas Financial Partners provided a $5.5 million credit facility collateralized by the borrower’s account receivables and M&E. The line of credit was utilized to refinance existing indebtedness and for general ongoing working capital needs. The...
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May 05, 2014, 07:42 AM
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NRG Yield, Inc. announced that its subsidiary, NRG Yield Operating LLC, closed a $450 million secured revolving credit facility with RBC Capital Markets as sole lead arranger, and Royal Bank of Canada as agent. The bank group includes ten financial...
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April 29, 2014, 07:48 AM
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Strategic Hotels & Resorts, Inc. announced that it has closed a new $300 million stock secured credit facility with an accordion feature allowing for additional borrowing capacity up to $400.0 million. The new facility replaces a $300 million...
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April 29, 2014, 07:13 AM
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Amerisource announced that it closed and funded a $2 million credit facility for a manufacturer of fire-resistant textiles and plastics based in North Carolina. Proceeds of the facility were used for ongoing working capital needs. The company’s...
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April 28, 2014, 07:28 AM
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First Capital announced it has provided a $7 million asset-based credit facility to Don Rose Oil Co. Inc, a distributor of oil, propane and gas. The senior credit facility consists of a working capital revolver secured by accounts receivable and...
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April 17, 2014, 07:47 AM
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Oxford Finance LLC ("Oxford"), a specialty finance firm that provides senior debt to life sciences and healthcare services companies, and Silicon Valley Bank, today announced a $7.5 million expansion to an existing $5 million term loan with Sorrento...
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April 17, 2014, 07:34 AM
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Bloomin' Brands, Inc. announced that its wholly-owned subsidiary, OSI Restaurant Partners, LLC, has initiated a process to refinance a portion of its existing senior secured credit facilities (the "Credit Facilities"). The existing Credit Facilities...
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April 17, 2014, 07:18 AM
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Small Business Development Group, Inc. announced that it has signed a term sheet for $3.5 million with Marquette Business Credit, Inc., an asset-based lender, to fund the growth of Production Partners Chemical Inc. This new credit facility is an...
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April 16, 2014, 07:39 AM
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CIT Group announced that CIT Maritime Finance provided a $95.2 million senior secured credit facility to Heron Ventures, a joint venture between Oceanbulk Shipping and ABY Group Holding. The facility supports the purchase of a fleet of 12 drybulk...
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April 16, 2014, 07:26 AM
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Capital One Bank announced today that it successfully completed the syndication of a $67.5 million loan in senior secured construction facilities for Murray Kushner/KRE Group and The Silverman Group. The loan will be used for the construction of...
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April 15, 2014, 07:45 AM
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Main Street Capital Corporation closed the previously announced underwritten public offering of 4,000,000 shares of common stock at a public offering price of $31.50 per share. In addition, the underwriters fully exercised their option to purchase...
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April 14, 2014, 07:27 AM
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Höegh LNG Holdings Ltd has received commitment letters from a group of banks for a US$ 400 million Senior Secured Credit Facility for the financing of FSRU #3 and FSRU #4.
Höegh LNG has now entered into a firm agreement for the facility, which has...
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April 14, 2014, 07:24 AM
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Interval Leisure Group, Inc. (NASDAQ: IILG) announced today that its subsidiary, Interval Acquisition Corp., has entered into an amendment and incremental revolving commitment agreement, increasing its existing $500 million revolving credit facility...
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April 09, 2014, 07:46 AM
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Janel World Trade, a full-service global provider of integrated transportation logistics, today announced that the company has entered into a $3.5 million loan and security agreement with Presidential Financial Corporation (Presidential).
The new...
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April 04, 2014, 07:31 AM
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Ares Capital Corporation has amended and extended its senior secured revolving credit facility with its existing bank group of eighteen lenders. Total commitments to the facility grew from $1.06 billion to $1.17 billion, with five lenders upsizing...
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April 02, 2014, 07:06 AM
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Prospect Capital Corporation announced that Prospect has increased total commitments to its five-year $1.0 billion revolving credit facility (the "Facility") by $35.0 million to $792.5 million in the aggregate.
The facility includes an accordion...
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April 01, 2014, 07:33 AM
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RockPile Energy Services, LLC , a wholly owned subsidiary of Triangle Petroleum Corporation announced that it has closed on a senior secured revolving credit facility in the amount of $100 million.
The new Credit Facility is a five-year term $100...
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March 31, 2014, 07:31 AM
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Amerisource announced that it closed and funded a $1 million revolving credit facility for a provider of containment, sorting, repair and inspection services to the automotive and consumer products industries. Proceeds of the facility were used for...
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March 28, 2014, 07:14 AM
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A fishing tackle manufacturing company located in the Southeast has chosen TAB Bank for a $750 thousand revolving credit facility. The company manufactures and distributes many types of lures including spinner baits, buzz baits, jig heads, balsa...
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March 27, 2014, 07:04 AM
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Amerisource announced that it closed and funded a $2 million revolving credit facility for an oil and gas field services provider based in Texas. Proceeds of the facility were used to refinance the company’s existing bank line and to provide...
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March 21, 2014, 07:22 AM
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Matrix Service Company announced it has executed an amendment to its existing credit agreement to increase its existing senior secured revolving credit facility from $125.0 million to $200.0 million and extend the maturity date from November 7, 2016...
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March 20, 2014, 07:39 AM
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Ares Commercial Real Estate Corporation announced that, through a wholly owned subsidiary, it closed a $50 million secured revolving funding facility with City National Bank (the CNB Facility). The CNB Facility will be used to finance new investments...
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March 17, 2014, 07:32 AM
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Fifth Street Finance Corp. announced the company has an additional lender to its syndicated bank credit facility led by ING Capital LLC. The new commitment increases the facility size by $30 million to $650 million. The facility now includes 15...
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March 07, 2014, 07:38 AM
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TAB Bank announced it has provided a $10 million senior revolving credit facility for a wholesale distribution company located in the Southeast. The company is a distributor of prescription and non-prescription pharmaceuticals as well as...
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March 06, 2014, 07:18 AM
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Lucid Energy Group has finalized a $200 million revolving credit facility to support Lucid’s aggressive growth strategy in the Permian Basin. Together with private equity commitments from EnCap Flatrock Midstream and management, the credit facility...
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March 05, 2014, 07:39 AM
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BMO Harris Bank’s Sponsor Finance group, a leading provider of middle-market leveraged finance solutions, announced it was joint lead arranger, joint bookrunner and is administrative agent for $51 million in senior credit facilities to Tronair, Inc....
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March 04, 2014, 07:19 AM
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Gibraltar Business Capital announced that it has closed on a $3.5 million asset-based loan to Bills Khakis, the leading designer and manufacturer of premium men’s sportswear and accessories, based in Reading, PA. The company intends to use this new...
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March 04, 2014, 07:13 AM
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GE Capital’s Telecom, Media and Technology (TMT) financing business announced it completed 59 deals totaling more than$5.5 billion during 2013. The TMT business addressed the financial needs of customers in the cable, data center, metro fiber, radio...
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February 28, 2014, 07:28 AM
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TAB Bank announced it has provided a $2 million revolving credit facility for a sports apparel company located in California. The company produces, markets, and distributes skate and lifestyle shoes, apparel, and accessories. The new facility is...
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February 27, 2014, 07:14 AM
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Business Capital announced that it has secured a $4.75 million credit facility, including a $750,000 seasonal over-advance, for Numi Organic Tea. The company was established in 1999 and is a worldwide importer and distributor of specialty premium...
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February 26, 2014, 07:23 AM
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Cloud Peak Energy Inc. announced that it has completed its refinancing of its $500 million revolving credit facility. Michael Barrett, Executive Vice President and Chief Financial Officer, commented, "We are pleased to have extended the tenure of our...
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February 24, 2014, 07:13 AM
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Martin Midstream Partners L.P. has increased the size of its revolving credit facility to $637.5 million. This represents an increase of $37.5 million as the Partnership has added Deutsche Bank AG – New York Branch to its syndicate of lenders for...
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February 19, 2014, 07:28 AM
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A transportation company located in the Midwest has chosen TAB Bank for a $1.5 million revolving credit facility. The company is a long haul transportation company that focuses on temperature-controlled and dry van transportation. The new facility...
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February 10, 2014, 07:32 AM
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First Growth Capital, a division of First Capital, announced it has provided a $1.5 million working capital credit facility to a distributor of novelty candy and other specialty foods. The facility is collateralized by the client’s account...
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February 06, 2014, 07:37 AM
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Crumbs Bake Shop, Inc., the largest cupcake specialty store chain in the U.S., announced the closing of a $5 million senior secured credit facility. The lender, Oklahoma-based Fischer Enterprises, has funded an initial $3.5 million and has committed...
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January 23, 2014, 07:14 AM
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PNC Bank announced the closing of $50 million in senior secured financing for a portfolio company of Hammond, Kennedy, Whitney & Company, Inc. (HKW), a private equity firm headquartered in Indianapolis. The funds were used to acquire and consolidate...
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January 17, 2014, 06:38 AM
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Cartiva, Inc., a developer of innovative solutions for the treatment of cartilage damage and osteoarthritis, has entered into a loan and security agreement with Silicon Valley Bank providing access to up to $1.5 million of capital to the Company. The...
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January 09, 2014, 06:56 AM
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Siena Lending Group LLC announced the completion of a three-year $3 million senior secured revolving credit facility as part of a $13 million leveraged recapitalization for VIOlife, LLC. The facility was done in conjunction with subordinated debt...
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January 08, 2014, 07:35 AM
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Seaspan Corporation announced it has entered into an agreement to extend and refinance its $1.0 billion credit facility. BNP Paribas Securities Corp. acted as the lead arranger of the amended facility.Gerry Wang, Chief Executive Officer, Co-Chairman...
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December 31, 2013, 07:39 AM
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Wabtec Corporation has amended and increased its existing revolving credit facility to $800 million and extended the facility's maturity date by two years. The revised facility, which has a five-year term, provides the company with increased...
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December 23, 2013, 07:18 AM
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Access Capital closed a credit facility in the amount of $3 million to a New York- based court reporting company. The borrower provides court reporting personnel and services including reporters, videographers, translators as well as conference room...
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December 05, 2013, 07:21 AM
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Garda World Security Corporation, one of the largest privately owned business solutions and security services companies in the world, announced today that it successfully completed its previously announced private offering of US$300.0 million...
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November 11, 2013, 07:49 AM
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Eagle Energy Trust announced that the syndicate of lenders for Eagle's credit facility have completed their annual mid-year review and have approved a $ 9 million increase to the borrowing base under the credit facility to $70 million and an...
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November 04, 2013, 07:22 AM
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A chocolate manufacturing company located in the intermountain west has chosen TAB Bank for a $3 million revolving credit facility. The new multi-year credit agreement is based on accounts receivable and inventory as collateral and will provide for...
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October 10, 2013, 07:52 AM
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North American Energy Partners Inc. announced the signing of an amended and restated three year credit facility ("the facility") with its existing banking syndicate that is effective Oct. 9. Highlights of the facility include the Company extending...
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October 10, 2013, 07:16 AM
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First Capital, a specialized commercial finance company, announced it has provided an $18 million working capital facility to a distributor of auto parts. The senior credit facility consists of an $18 million working capital revolver collateralized...
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October 09, 2013, 11:15 AM
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Genworth Financial, Inc., and its wholly owned subsidiary Genworth Holdings, Inc., announced today the entrance into a credit agreement that provides Genworth Holdings, Inc. with a three-year $300 million, multicurrency revolving credit facility...
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September 27, 2013, 07:11 AM
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