The new facility provides ElmBlue with additional lending capacity to support its nationwide growth and fund an expanding portfolio of equipment-finance transactions.
A refinance of its existing credit facility to create additional liquidity from a borrowing base supported by accounts receivable, inventory, machinery and equipment, and real estate. The transaction ...
The facility will support Overseas Adventure Travel’s ongoing growth as it seeks to offer its culturally immersive experiences across seven continents to more customers.
Moment Energy will use the funds to accelerate the repurposing of lithium-ion batteries into safe, high-performance, and compliant energy storage systems for commercial, industrial, and utility ...
First Citizens Bank announced that Snow Holding has been named Director and Market Leader of Middle Market Banking for the Northeast, where he will lead relationship managers and business expansion ...
SLR Business Credit is saddened to announce that, Patti Kotusky, its Manager of ABL Operations and one of its founders, passed away after a short illness. Prior to SLR Business Cr ...
Siena Lending Group closed a $33,500,000 asset-based credit facility for Dorfman Milano Company (“Dorfman”), a leading designer, manufacturer, and distributor of headwear and accessories. The ...
Silicon Valley Bank (SVB), a division of First Citizens Bank, provided a $50 million growth capital facility to Lumafield, a pioneer in advanced manufacturing technology that delivers AI-powered ...
CIBC U.S. Asset Based Lending closed an upsized credit facility to further support and strengthen long-term client, World’s Finest Chocolate Inc., and its conversion from a family-owned business to a ...
ElmBlue Equipment Finance, a rapidly growing provider of commercial equipment-financing solutions, secured a $125 million senior credit facility from Wells Fargo Bank. The new facility provides ...
White Oak Global Advisors provided a $17 million senior secured loan to a global cloud-based software and services company. The investment will support the Company’s recapitalization and provide ...
JPalmer Collective (JPC) announced an $8 million financing agreement with a premier U.S.-based manufacturer of custom prestressed and architectural precast concrete components.