Search Results for: credit facility

SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners
Artificial Intelligence News

SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners

Business Wire
by Business Wire0
Agreement Fuels Company’s Plans for Sustained Rapid Growth and Innovation and Includes Ability to Upsize to $125 Million SoundHound AI, Inc., a global leader in voice artificial intelligence, announced that it closed a new $125 million loan facility, with $100 million fully-funded at closing, from Atlas Credit Partners. “We believe......
Castlelake Agrees £100m Facility for TradeBridge to Support Expansion of Revenue-Based Financing Solution
Fintech Investment Services News

Castlelake Agrees £100m Facility for TradeBridge to Support Expansion of Revenue-Based Financing Solution

PR Newswire
by PR Newswire0
Castlelake, L.P., a global alternative investment manager specializing in asset-backed private credit with 17 years of experience investing in asset-rich opportunities, and fintech lender TradeBridge, announced Castlelake has agreed to provide a facility of up to £100m to TradeBridge. Alongside existing senior banking facilities, the additional funding is expected to......
Comvest Credit Partners Announces Investment in Cardiovascular Logistics
Finance News

Comvest Credit Partners Announces Investment in Cardiovascular Logistics

Business Wire
by Business Wire0
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Joint Lead Arranger on a senior secured credit facility for Cardiovascular Logistics, a new national cardiovascular services platform. The Financing supported the formation of the Company by......
Comvest Credit Partners Announces Investment in The JG Wentworth Company
Finance Investment Services News

Comvest Credit Partners Announces Investment in The JG Wentworth Company

Fintech News Desk
by Fintech News Desk0
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a $30 million senior secured credit facility to The JG Wentworth Company, LLC, a leading provider of consumer financial services. The Financing was used......
Day Air Credit Union Launches Sync1 Systems LOS With Great Success
Lending News

Day Air Credit Union Launches Sync1 Systems LOS With Great Success

Fintech News Desk
by Fintech News Desk0
Day Air Credit Union recently went live with Sync1 Systems LOS solution to enhance its indirect lending workflow and automation. “The implementation and conversion experience was handled with expert care and could not have been more seamless,” expresses John Theobald, Day Air Credit Union’s CLO. Since the conversion, Day Air’s indirect auto volume......
Mountain America Credit Union to Offer Instant Home Equity With Blend
Banking Cloud News

Mountain America Credit Union to Offer Instant Home Equity With Blend

Fintech News Desk
by Fintech News Desk0
Nation’s 12th-Largest Credit Union Selects Blend’s Revolutionary Home Equity Product Blend, a leading provider of cloud banking software, announced that Mountain America Credit Union selected its Instant Home Equity solution to provide members access to a fully digital end-to-end home equity product that dramatically cuts down loan application approval times.......
Comvest Credit Partners Announces Investment in Bradford Health Services
Investment Services News

Comvest Credit Partners Announces Investment in Bradford Health Services

Fintech News Desk
by Fintech News Desk0
Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Joint Lead Arranger on a senior secured credit facility for Bradford Health Services, a Birmingham, Ala.-based provider of behavioral health services. The Financing was used to fund......
Comvest Credit Partners Announces Investment in CheckedUp
Digital Finance News

Comvest Credit Partners Announces Investment in CheckedUp

Fintech News Desk
by Fintech News Desk0
Comvest Credit Partners a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it has acted as Administrative Agent on a senior secured credit facility to CheckedUp, a New York-based provider of digital healthcare solutions, to support the Company’s acquisition of Health Media Network......
Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth
B2B Digital Payments E-commerce News

Balance Partners With Viola Credit to Power Merchants’ Ecommerce Growth

Fintech News Desk
by Fintech News Desk0
Credit Facility Enables Balance to Support Digital Trade Transformation Balance, the leader in B2B payments specializing in financing and ecommerce, has announced a $350 million credit facility from Viola Credit to continue enabling B2B commerce and ease working capital. This announcement comes on the heels of Balance’s $56M in Series B financing......
CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina
Finance News

CIT Serves as Lead Arranger on $419 Million in Financing for Broad River Power Facility in South Carolina

Fintech News Desk
by Fintech News Desk0
CIT, a division of First Citizens Bank, announced that its Power and Energy business served as lead arranger on $419 million in financing for acquisition of the Broad River power generation facility in Gaffney, South Carolina. Onward Energy Inc. is acquiring the five-unit, 860-megawatt simple-cycle peaking power plant, which is fully contracted......
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