Search Results for: credit commitments

Upgrade Announces Partnership with One Hundred Credit Unions
Fintech News

Upgrade Announces Partnership with One Hundred Credit Unions

Fintech News Desk
Credit Unions of all sizes partner with Upgrade to acquire assets and new members Upgrade, Inc., a fintech company that offers affordable and responsible credit, mobile banking and payment products to mainstream consumers, announced that it reached a new milestone with the signing of its hundredth credit union partnership with......
Comvest Credit Partners Announces Investment in Horsepower Financial
Finance News

Comvest Credit Partners Announces Investment in Horsepower Financial

Fintech News Desk
Comvest Credit Partners, a leading provider of flexible financing solutions to middle-market companies, has acted as Administrative Agent in providing a $40 million senior secured credit facility to Horsepower Financial, LLC, and its affiliates. Horsepower, a Lebanon, Ohio-based provider of consumer motorcycle leasing services, will use the Financing to fund......
Hometap Receives Commitments Totaling $245 Million for Its Third Institutional Asset Investment Fund
Investment Services News

Hometap Receives Commitments Totaling $245 Million for Its Third Institutional Asset Investment Fund

Fintech News Desk
Leading Institutional Investors Bain Capital and Group 1001’s Delaware Life Further Validate This Emerging Asset Class Hometap, which provides a smart, new loan alternative for tapping into home equity without taking on debt, announced that it has received capital commitments of $245 million from leading investors including Bain Capital and Group......
Finance Lending

Blackstone Launches Sustainable Resources Credit Platform

Fintech News Desk
Firm Intends to be a Global Leader in Providing Sustainable Finance Solutions for Companies Driving the Energy Transition Blackstone announced the launch of Blackstone Credit’s Sustainable Resources Platform focused on investing in and lending to renewable energy companies and those supporting the energy transition. Blackstone Credit is one of the......
United Airlines (UAL) announced fourth quarter and full year 2021 financial results and reiterated confidence in its longer term United Next financial targets
Finance News

United Airlines Achieves Fourth Quarter Financial Targets and Reiterates Long-Term Commitments — Despite Headwinds From Omicron Variant

Fintech News Desk
Continues to prioritize matching capacity to demand producing expected network peer-leading full-year 2021 TRASM down 9.2% versus 2019 Now expects full year 2022 capacity lower than 2019; previously planned capacity increases are delayed to later in 2022 due to Omicron Near-term schedules smaller, but bookings for spring 2022 and beyond......
Atento Announces Signing of New Super Senior Revolving Credit Facility
Finance News

Atento Announces Signing of New Super Senior Revolving Credit Facility

Fintech News Desk
The IDB Invest credit facility to provide $43 million in financing, which may be raised to $50 million Atento S.A., one of the world’s five largest providers of customer relationship and business process outsourcing (CRM / BPO) services and sector leader in Latin America, announced that it entered on December 23,......
Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business
Banking News

Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 2,200,000,000 In Financing For Its North American Business

Fintech News Desk
Mercuria’s North American operating entities (“Mercuria” or “the Company”) are pleased to announce the successful closing of its US$ 2,200,000,000 multi-year senior secured borrowing base credit facility (the “Facility”). The Facility was over-subscribed, enabling Mercuria to increase the size by US$ 500,000,000 and add a 2-year tranche.  The joint and several borrowers are Mercuria......
Hilltop Credit Partners Completes Record Bridging Deals in Q4 with Transactions in the North of England and Scotland
Fintech News

Hilltop Credit Partners Completes Record Bridging Deals in Q4 with Transactions in the North of England and Scotland

Fintech News Desk
Funds advised by Hilltop Credit Partners Limited (“Hilltop”) have provided three pre-development bridging loans totalling £7.25m to developers in Bolton (Greater Manchester), Kingston upon Hull (Yorkshire), and Glasgow (Scotland). Funds will be used to refinance existing loans on three brownfield sites and to prepare for the development of 444 residential......
First Carbon Introduces Carbon Credit NFT Minting Platform ‘MintCarbon.io’
DeFi Digital Asset Management News

First Carbon Introduces Carbon Credit NFT Minting Platform ‘MintCarbon.io’

Fintech News Desk
Platform Enables the Conversion of Carbon Credits into NFTs First Carbon Corp., developers of the world’s first decentralized carbon credit non-fungible token (“NFT”) onboarding platform, is pleased to provide details for the upcoming launch of MintCarbon.io (“MintCarbon”). Leveraging the power of the blockchain and specifically Ethereum, MintCarbon is a user-friendly......
BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership
Blockchain Fintech News

BB Energy closes first U.S. Digital Revolving Borrowing Base Credit Facility through Komgo Blockchain Partnership

Fintech News Desk
BB Energy, a leading global independent energy trading company, successfully closed a $500 million senior secured revolving borrowing base credit facility (the “Facility”). Based on an initial launch size of $450 million, the Facility was oversubscribed with commitments received from a diverse group of 8 lenders. The Facility also has embedded a $150 million accordion......
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