Search Results for: credit facility

CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy
Fintech News

CIT Northbridge Credit Refinances and Upsizes $45 Million Credit Facility with Tubular Synergy

PR Newswire
by PR Newswire0
First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $45 million to refinance and upsize a secured credit facility for Tubular Synergy Group LP, a privately held sales, marketing and supply chain services distributor. Founded in 2008 and headquartered in Dallas, Texas, Tubular Synergy Group......
CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair
Banking Finance News

CIT Northbridge Credit Provides $40 Million Credit Facility for Tronair

PR Newswire
by PR Newswire0
First Citizens Bank announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, has provided $40 million in financing for Tronair, a leader in the manufacturing of ground support equipment, aftermarket replacement parts and services for the global aviation market. Founded in 1971 and headquartered in Swanton, Ohio, Tronair is a......
wefox Secures $110m With $55m Credit Facility From J.P. Morgan and Barclays
InsurTech News

wefox Secures $110m With $55 Million Credit Facility From J.P. Morgan and Barclays

Business Wire
by Business Wire0
wefox raises a total of US$110m J.P. Morgan and Barclays provides $55m in a revolving credit facility Additional $55m in equity was raised from existing and new investors as a second closing of the Series D from new and existing investors at $4.5bn valuation New funding underlines strength of wefox......
Cardless Announces $75 Million Credit Facility From i80 Group
Fintech News

Cardless Announces $75 Million Credit Facility From i80 Group

PR Newswire
by PR Newswire0
The fintech company that provides custom co-branded credit card products also received angel investment from The Points Guy founder, Brian Kelly San Francisco-based financial technology firm, Cardless, Inc announced a new debt deal with i80 Group, securing a three-year $75 million credit facility. The deal is a warehouse facility that will enable......
Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth
Banking News

Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth

Business Wire
by Business Wire0
Financing will allow the HVAC preventative maintenance company to repay existing debt and provide working capital to the business Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Asset-Based Lending team (ABL) provided a senior credit facility to BFC Solutions (BFC), a national......
Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement
Banking News

Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement

PR Newswire
by PR Newswire0
Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million. The new banking facility comprises of a USD1 987 million revolving credit facility and a USD982 million term loan facility, both with a five-year maturity, and with two extension options of one year......
DataBank Secures $350 Million Credit Facility to Finance Ongoing Expansion
Banking News

DataBank Secures $350 Million Credit Facility to Finance Ongoing Expansion

PR Newswire
by PR Newswire0
DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, announced that it has secured another $350M in financing to fund the ongoing expansion of its edge data center footprint. Today, DataBank is the leading-edge colocation and interconnect platform with 65+ data centers in 27+ metro markets and......
SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth
Banking InsurTech News

SageSure Closes $50 Million Expanded Revolving Credit Facility to Fuel Growth

Business Wire
by Business Wire0
Growth capital will support captive reinsurance vehicle and increase underwriting capacity SageSure, a leading provider of catastrophe-exposed property insurance, announced the close of a $50 million expanded revolving credit facility with its new commercial banking partner Wintrust Financial Corporation. The funding will enable SageSure to increase underwriting capacity in the......
ePlus Celebrates 30th Anniversary
Finance News

ePlus Expands Credit Facility

PR Newswire
by PR Newswire0
Increase to $500 Million Enhances ePlus’ Working Capital Financing Capacity ePlus inc. a leading provider of technology and financing solutions, announced that its wholly-owned subsidiaries ePlus Technology, inc., ePlus Technology Services, inc. and SLAIT Consulting, LLC (collectively, the “Borrowers”) recently entered into an amendment to their credit agreement with their lenders (the......
Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets
Banking News Security

Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets

Business Wire
by Business Wire0
Socure, the leading provider of digital identity verification and fraud solutions, announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen the company’s financial position as it continues on its mission to be the......
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