Search Results for: credit facility

Oxford Finance Closes $50 Million Credit Facility with Mainstay Medical
Finance News

Oxford Finance Closes $50 Million Credit Facility with Mainstay Medical

Fintech News Desk
by Fintech News Desk0
Mainstay Medical is focused on commercializing an implantable neurostimulation system for the treatment of chronic low back pain Oxford Finance LLC (“Oxford”), a specialty finance firm that provides senior debt to life sciences and healthcare services companies worldwide, has announced the closing of a $50 million senior secured term loan......
NuBridge Commercial Lending Completes Credit Facility with Cadence Business Finance
Finance News

NuBridge Commercial Lending Completes Credit Facility with Cadence Business Finance

Fintech News Desk
by Fintech News Desk0
NuBridge Commercial Lending LLC, a small-balance commercial bridge lender, announced its completion of a new senior secured revolving credit facility with Cadence Business Finance, a division of Cadence Bank. The initial size of this 36-month committed credit facility is $20 million and is expected to grow to at least $50......
OppFi Closes Expanded $50 Million Corporate Credit Facility with Atalaya Capital Management
Fintech News

OppFi Closes Expanded $50 Million Corporate Credit Facility with Atalaya Capital Management

Fintech News Desk
by Fintech News Desk0
Facility is designed to power OppFi’s growth plans and accelerate new product roll-out Opportunity Financial, LLC (“OppFi“), a leading financial technology platform that powers banks to help the everyday consumer gain access to credit, announced today that it has closed an expanded $50 million corporate credit facility with Atalaya Capital Management. The......
Drip Capital Closes $40 Million Committed Warehouse Credit Facility
Fintech News

Drip Capital Closes $40 Million Committed Warehouse Credit Facility From East West Bancorp To Facilitate Trade Finance To Small Businesses

Fintech News Desk
by Fintech News Desk0
Drip Capital, a leading Fintech provider of cross-border trade finance, and East-West Bank (EWB), announce a US$ 40M committed credit facility for the expansion of Drip’s trade finance solutions to small and medium-sized businesses (SMBs). “Drip is growing at a rapid pace and institutional partnerships are a cornerstone of our capital markets strategy. The......
Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AG
Business Finance News

Newtek Business Lending, LLC Closes $100 Million Credit Facility with Deutsche Bank AG

Fintech News Desk
by Fintech News Desk0
 Newtek Business Services Corp., an internally managed business development company (“BDC”), announced that Newtek Business Lending, LLC (“NBL”), Newtek’s portfolio company that originates and funds SBA 504 loans, closed a $100 million credit facility with Deutsche Bank AG. The facility will be used to fund SBA 504 loans and has......
Stratos Technologies LLC Secures Participation From WebBank in an Asset-Based Revolving Credit Facility
Finance Fintech News

Stratos Technologies LLC Secures Participation From WebBank in an Asset-Based Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
Stratos Technologies LLC, a venture capital firm with expertise in financing, operating, and advising technology businesses, announced it has secured leverage through a first-out participation structure with WebBank in an asset-based revolving credit facility to one of its financial technology (FinTech) portfolio clients. WebBank is a national issuer of, and......
Ribbon Communications Announces Amended Credit Facility
Banking Cloud News

Ribbon Communications Announces Amended Credit Facility

Fintech News Desk
by Fintech News Desk0
Ribbon Communications Inc., a global provider of real time communications software and IP optical transport solutions to service providers, enterprises, and critical infrastructure sectors, announced that it has executed an amendment (“Third Amendment”) to its credit agreement. The Company’s total debt outstanding remains the same.  The amendment increased Ribbon’s existing......
Dave Secures $100 Million Credit Facility from Victory Park Capital
Banking Business Capital Markets Fintech News

Dave Secures $100 Million Credit Facility from Victory Park Capital

Fintech News Desk
by Fintech News Desk0
Continued partnership will support the growth of Dave’s banking offering and accelerate company’s growth into new products Dave, the banking app on a mission to create financial opportunity that advances America’s collective potential, announced that it has secured a $100 million credit facility from Victory Park Capital (“VPC”), a leading......
Finitive Facilitates Credit Facility for Buyer of Distressed Small Business Loans
Fintech Investment Services News

Finitive Facilitates Credit Facility for Buyer of Distressed Small Business Loans

Fintech News Desk
by Fintech News Desk0
Finitive, a private credit platform providing institutional investors with direct access to alternative lending investments, announced that it has facilitated a credit facility for a specialty finance company that buys distressed small business loans and merchant cash advance (MCA) portfolios. Read More: The Influence of Mobile Apps WeChat Pay and......
BlueVine Announces General Availability of Business Banking with Checking, Payments, and Partner Integrations
Banking Fintech News

BlueVine Secures $75 Million Revolving Credit Facility with Atalaya Capital Management

Fintech News Desk
by Fintech News Desk0
New capital will be used to expand its line of credit offering, built for small businesses BlueVine, the leading provider of small business banking, today announced it has secured a $75 million revolving credit facility from funds managed by Atalaya Capital Management, a private credit and special opportunities investment manager based......
1