Search Results for: credit facility

Sachem Capital Corp. Announces New Credit Facility
Mortgage News

Sachem Capital Corp. Announces New Credit Facility

PR Newswire
by PR Newswire0
Enhances Available Capital and Liquidity to Support Growth Sachem Capital Corp., a financing company that specializes in originating, underwriting, funding, servicing, and managing a portfolio of first mortgage loans, announced the Company has entered into a $45 million revolving line of credit with Needham Bank. Mr. John Warch, Sachem Capital’s......
Propel Announces New $250 Million Syndicated Credit Facility
Fintech News

Propel Announces New $250 Million Syndicated Credit Facility

Business Wire
by Business Wire0
Propel Holdings Inc. (“Propel”) (TSX: PRL), an innovative fintech company dedicated to credit inclusion, announced a new $250 million syndicated credit facility for the company’s CreditFresh line of business (“the credit facility”). The new credit facility replaces and upsizes the previous CreditFresh facility by $90 million. Latest Fintech Interview: Global......
Bridge Bank Provides $3 Million Credit Facility to Help Innovative Lease Services Grow Portfolio
Banking Finance News

Bridge Bank Provides $3 Million Credit Facility to Help Innovative Lease Services Grow Portfolio

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced its Capital Finance Group has closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS) plans to use the funding to help grow its lease portfolio. “We are pleased that......
SolaREIT Announces $15 Million Revolving Credit Facility with Atlantic Union Bank
Investment Services News

SolaREIT Announces $15 Million Revolving Credit Facility with Atlantic Union Bank

Fintech News Desk
by Fintech News Desk0
Competitive cost of capital to benefit solar developers across the country SolaREIT, a solar real estate investment fund, announced that they successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to......
Alloy Appoints Venture Capital Veteran Kiran Hebbar as Chief Financial Officer
Finance Fintech News

Alloy Capital Raises US$100 Million Secured Credit Facility from Victory Park Capital

Fintech News Desk
by Fintech News Desk0
Alloy Capital is pleased to announce that it has entered into a US$100 million senior secured credit facility with Victory Park Capital. The Facility will enable Alloy Capital to finance the origination of structured finance loans in Mexico. Alloy Capital financing solutions target the largely untapped need for credit by companies......
Alvarium Tiedemann Holdings Enters into New $250 Million Credit Facility
Finance Investment Services News

Alvarium Tiedemann Holdings Enters into New $250 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
Provides financial flexibility to execute growth initiatives and serve its global clients more efficiently Alvarium Tiedemann Holdings, Inc. announced that it has entered into a $250 million credit facility with a syndicate led by BMO Capital Markets Corp. (“BMO”). The facility, which is comprised of a $150 million revolving credit......
Primergy Solar Secures up to $200 Million Revolving Credit Facility from Rabobank
Banking Finance News

Primergy Solar Secures up to $200 Million Revolving Credit Facility from Rabobank

Fintech News Desk
by Fintech News Desk0
Funding supports expanded in ERCOT, MISO, PJM and WECC making Primergy’s project portfolio exceed 14 GW across the US Primergy Solar, LLC, a leading developer, owner and operator of utility-scale solar, distributed solar and energy storage, announced the closing with Rabobank of a $75 million revolving credit facility with the option to......
Evans Expected to Increase Momentum With Expanded Credit Facility from PNC Bank
Finance Fintech News

Evans Expected to Increase Momentum With Expanded Credit Facility from PNC Bank

Fintech News Desk
by Fintech News Desk0
Additional Resources Arrive as Company Expects an Additional 10% Growth in 2023 Evans Transportation Services Inc. announced it has closed a new credit facility with PNC Bank, N.A. The new larger credit facility will serve as a vehicle for supporting the company’s current growth trajectory, which includes a revenue increase from......
OppFi Closes $150 Million Credit Facility
Finance Investment Services News

OppFi Closes $150 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
OppFi Inc., a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced that subsidiaries of the Company have closed a $150 million credit facility with an affiliate of Castlelake L.P. as lender. Affiliates of Hudson Cove Capital Management LLC are also participating......
Kindred Utilises Extension Option of Revolving Credit Facility Agreement and Broadens Group of Lenders
Banking Finance News

Kindred Utilises Extension Option of Revolving Credit Facility Agreement and Broadens Group of Lenders

Fintech News Desk
by Fintech News Desk0
Kindred utilises the one-year extension option of the revolving facility agreement previously signed in November 2021 and thereby extends the existing financing until November 2025. The total committed facilities will also be increased by EUR 40 million by utilising the accordion feature and at the same time the group of lenders will be broadened.......
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