Search Results for: credit facility

Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion
Investment Services News

Westland Insurance Expands Partnership with Blackstone Credit, Bringing Aggregate Investment to $1.2 Billion

Fintech News Desk
by Fintech News Desk0
Blackstone Credit provides an additional $250 million commitment to support Westland’s growth strategy Westland Insurance Group Ltd., one of the largest and fastest-growing independent property and casualty insurance brokers in Canada and a family-owned company, announced it has expanded its partnership with Blackstone Credit. Building on its initial investment in......
Avant Credit Card Surpasses One Million Customer Milestone
Finance News

Avant Credit Card Surpasses One Million Customer Milestone

Fintech News Desk
by Fintech News Desk0
Major milestone furthers the company’s mission of providing innovative financial solutions for non-prime consumers Avant, a leading financial technology company that gives non-prime consumers access to the financial solutions they deserve, announced that it has surpassed one million customers for the Avant Credit Card, issued by WebBank. By filling a market gap......
Darrick Weeks Joins Marine Credit Union as President and Chief Executive Officer
Finance News

Darrick Weeks Joins Marine Credit Union as President and Chief Executive Officer

Fintech News Desk
by Fintech News Desk0
Darrick Weeks has joined Marine Credit Union as President and Chief Executive Officer. Weeks has more than 30 years of experience in financial services and began his work in the credit union space in 1995. Across his career, he has held roles as CEO, COO and other executive-level positions. Most recently,......
Steel Partners Holdings Amends and Extends Credit Agreement
Banking News

Steel Partners Holdings Amends and Extends Credit Agreement

Fintech News Desk
by Fintech News Desk0
Steel Partners Holdings L.P., a diversified global holding company, announced it has amended and extended its credit agreement with a syndicate of banks led by PNC Bank, National Association. The new five-year, $600 million, revolving credit facility covers substantially all SPLP entities, with the exception of Steel Partners’ WebBank subsidiary.......
Transigo Scores $70 Million Funding Facility to Drive the Growth of Its B2B Cross-Border Marketplace Point-of-Sale Financing Solution
B2B Fintech News

Transigo Scores $70 Million Funding Facility to Drive the Growth of Its B2B Cross-Border Marketplace Point-of-Sale Financing Solution

Fintech News Desk
by Fintech News Desk0
Fintech company Transigo, a provider of SaaS software that enables cross-border B2B marketplaces to provide point-of-sale financing to its buyers, announced today it had successfully secured a $70 million funding facility from two publicly listed companies in Israel. This facility will allow Transigo to expand its point-of-sale SaaS platform to......
Flexiti Announces New C$527 Million Term Securitization Facility, Bringing Funding Capacity to Over C$1 Billion
Fintech News

Flexiti Announces New C$527 Million Term Securitization Facility, Bringing Funding Capacity to Over C$1 Billion

Fintech News Desk
by Fintech News Desk0
Flexiti Financial Inc., one of Canada’s leading “Buy Now, Pay Later” financial solutions providers, has announced that it has signed a new C$527 million securitization facility led by National Bank with financing also provided by an affiliate of Bank of Montreal and funds managed by Waterfall Asset Management. Combined with......
Dominion Lending Centres Announces Intention to Commence Substantial Issuer Bid Announces Plan to Restructure Credit Facilities
Fintech News

Dominion Lending Centres Announces Intention to Commence Substantial Issuer Bid Announces Plan to Restructure Credit Facilities

Fintech News Desk
by Fintech News Desk0
Dominion Lending Centres Inc.,announced its intention to commence a substantial issuer bid pursuant to which the Corporation will offer to purchase for cancellation up to 3,000,000 of its outstanding common shares at a purchase price of $3.75 per Share in cash. See “Source of Funds and New Credit Facilities” below......
Stran & Company Enters into $7 Million Revolving Line of Credit with Salem Five Bank
Fintech News

Stran & Company Enters into $7 Million Revolving Line of Credit with Salem Five Bank

Fintech News Desk
by Fintech News Desk0
Stran & Company, Inc., a leading outsourced marketing solutions provider that leverages its promotional products and loyalty incentive expertise, announced it has entered into an agreement with Salem Five Bank, providing the Company with a secured revolving line of credit with a principal amount of up to $7 million. Latest......
Circulus Announces Strategic, Innovative Green Loan Financing with Riverstone Credit Partners
Fintech News

Circulus Announces Strategic, Innovative Green Loan Financing with Riverstone Credit Partners

Fintech News Desk
by Fintech News Desk0
Circulus Holdings, PBLLC , a Houston-based public benefit limited liability company  producing post-consumer resin  with a focus on plastics derived from recycled low-density polyethylene , announced it has closed on a $100 million credit facility  with Riverstone Credit Partners, L.P. (“Riverstone Credit Partners”), a dedicated credit investment platform focused on......
Elevate Announces New Financing Facility for Today Card
Digital Payments News

Elevate Announces New Financing Facility for Today Card

Fintech News Desk
by Fintech News Desk0
Elevate Credit, Inc., a leading tech-enabled provider of innovative and responsible online credit solutions for non-prime consumers, announced a $50 million financing facility, with an ability to increase the facility up to $100 million, to fund continued growth of the Today Card product—a lower priced option for credit constrained consumers.......
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