Search Results for: credit facility

Fintegra Secures $30 Million Credit Facility
Fintech Funding News

Fintegra Secures $30 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
The fintech company secured a $30 million credit facility with Bastion Funding to fuel its continued growth in the small business financing space The demand for working capital remains robust, and the alternative lending industry continues to expand. Fintegra, a fintech direct funder, has secured a credit facility of $30 million from......
CIBC Innovation Banking Provides Expensify With Expanded $100 Million Credit Facility to Support Growth Plans
Banking News

CIBC Innovation Banking Provides Expensify With Expanded $100 Million Credit Facility to Support Growth Plans

Fintech News Desk
by Fintech News Desk0
CIBC Innovation Banking is pleased to announce it has provided a $100 million credit facility to Portland-based Expensify, a payments superapp that helps individuals and businesses around the world simplify the way they manage money. This funding, provided in October 2021, will further support the company’s rapid growth and product expansion,......
BlueVSmall Businesses in Nebraska Can Now Apply for $10,000 Grants as Part of Fiserv Back2Business Programne Doubles Revolving Credit Facility With Atalaya to Better Serve Small Businesses
Business Fintech News

BlueVine Doubles Revolving Credit Facility With Atalaya to Better Serve Small Businesses

Fintech News Desk
by Fintech News Desk0
Increased credit capacity to enable BlueVine to deliver much-needed capital to its 450,000 customers BlueVine announced it has increased the size of its BlueVine Line of Credit warehouse debt facility with Atalaya by two new lenders, both advised by 20 Gates Management, and increasing the committed amount to $150M, with the......
Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo
Investment Services News

Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo

Fintech News Desk
by Fintech News Desk0
Stellantis N.V. announced that FCA Italy S.p.A., a wholly owned subsidiary, and Stellantis’ other Italian subsidiaries, have repaid the €6.3 billion credit facility to Intesa Sanpaolo. The credit facility, entered into in June 2020, was structured to support the restart and transformation of Italy’s automotive sector after the COVID-19 outbreak......
Cambridge Wilkinson Investment Banking Closes $150 Million Litigation Finance Credit Facility
Banking Investment Services News

Cambridge Wilkinson Investment Banking Closes $150 Million Litigation Finance Credit Facility

Fintech News Desk
by Fintech News Desk0
Cambridge Wilkinson is pleased to announce the closing of a $150MM credit facility for an institutional caliber litigation finance lender which specializes in originating and underwriting loans that have a first priority claim on all revenues generated by the case collateral. In addition, all of our client’s loans have full......
Delix Therapeutics Closes $30 Million Convertible Note Financing, Enters $10 Million Strategic Credit Facility Option in Partnership with Comerica Bank
Finance News

Delix Therapeutics Closes $30 Million Convertible Note Financing, Enters $10 Million Strategic Credit Facility Option

Fintech News Desk
by Fintech News Desk0
Over $100M total capital raised in 2021, providing operational and strategic flexibility to execute mission to broaden patient access to innovative, safe, and efficacious non-hallucinogenic psychoplastogens for the treatment of multiple mental health disorders Delix Therapeutics, a neuroscience company developing novel disease-modifying therapeutics for psychiatric and neurological conditions, announced that......
SLR Investment Corp. Amends Credit Facility; Reduces Pricing and Extends Maturity
Fintech Investment Services News

SLR Investment Corp. Amends Credit Facility; Reduces Pricing and Extends Maturity

Fintech News Desk
by Fintech News Desk0
SLR Investment Corp., reported that it has amended its senior secured credit facility (“Credit Facility”). The amendment includes a reduction in the Credit Facility’s pricing grid of 25 basis points, to LIBOR + 175 – 200 basis points, based on certain conditions. The Credit Facility was expanded from $620 million......
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
by Fintech News Desk0
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,......
Bunge Refinances its $1.75 Billion Revolving Credit Facility Tied to Enhanced Sustainability Linked Targets
Finance News

Bunge Refinances its $1.75 Billion Revolving Credit Facility Tied to Enhanced Sustainability Linked Targets

Fintech News Desk
by Fintech News Desk0
Bunge has closed on the refinancing of its US$1.75 billion, three-year revolving credit facility. The interest rate under this facility is linked to the Company’s credit ratings and also to five core sustainability targets, which include the recently established science-based targets (SBTs) that define Bunge’s climate goals within its operations......
Mercuria Successfully Closes Oversubscribed Secured Revolving Credit Facility Of Us$ 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
by Fintech News Desk0
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......
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