Search Results for: credit facility

BMO Helps Boralex Go Beyond Renewable Energy, with the Transition of its Credit Facility to a Sustainability-Linked Loan
Capital Markets News

BMO Helps Boralex Go Beyond Renewable Energy, with the Transition of its Credit Facility to a Sustainability-Linked Loan

Fintech News Desk
by Fintech News Desk0
Boralex, an international leader in renewable energy specializing in wind, solar and hydroelectricity, has committed to go beyond renewable energy with ESG targets. New financing deal aligned with BMO’s commitment to be its clients’ lead partner in the transition to a net-zero world BMO Financial Group, acting as lead co-sustainability structuring agent......
Cambridge Savings Bank Provides GWA Auto Parts with $4M Credit Facility to Solve Inventory and Distribution Challenges
Banking Fintech News

Cambridge Savings Bank Provides GWA Auto Parts with $4M Credit Facility to Solve Inventory and Distribution Challenges

Fintech News Desk
by Fintech News Desk0
Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a $4M credit facility to GWA Auto Parts (GWA), an importer, distributor and online retailer of automotive aftermarket parts, to support working capital investments as the company pursues strategic......
Bitcoin Miner GRIID Secures $525M Credit Facility from Blockchain.com
Blockchain Fintech News

Bitcoin Miner GRIID Secures $525M Credit Facility from Blockchain.com

Fintech News Desk
by Fintech News Desk0
GRIID Infrastructure, a vertically-integrated bitcoin self-miner, announced it has secured a $525 million credit facility from Blockchain.com, one of the world’s oldest and most trusted cryptocurrency platforms with over $5 billion in loan originations. GRIID specializes in procuring low-cost, carbon-free energy to build, manage, and operate a growing portfolio of......
Espresso Capital Closes $200 Million Credit Facility Led by KeyBank
Fintech News

Espresso Capital Closes $200 Million Credit Facility Led by KeyBank

Fintech News Desk
by Fintech News Desk0
Espresso Capital announced that it has closed a $200 million credit facility from KeyBank, one of the largest bank-based financial services companies in the United States. A leading provider of innovative venture debt solutions, Espresso will use the facility to further expand its lending activities to high-growth technology and healthcare companies. Top Globalfintechseries.com Insights: Binance Labs Makes......
Digital Currency Group Raises New $600 Million Credit Facility
Fintech News

Digital Currency Group Raises New $600 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
Digital Currency Group (DCG) announced the completion of a debt capital raise providing a credit facility up to $600 million. Eldridge led and served as administrative agent of the credit facility, which includes a syndicate of institutional lenders and funds managed by Capital Group, Davidson Kempner Capital Management, and Francisco......
Viracta Therapeutics Secures $50 Million Credit Facility from Silicon Valley Bank and Oxford Finance
Finance News

Viracta Therapeutics Secures $50 Million Credit Facility from Silicon Valley Bank and Oxford Finance

Fintech News Desk
by Fintech News Desk0
 Viracta Therapeutics, Inc., a precision oncology company primarily focused on targeting virus-associated malignancies, announced that the Company has entered into a loan and security agreement with Silicon Valley Bank (SVB) and Oxford Finance LLC (Oxford) for up to $50.0 million. In connection with the $50.0 million credit facility, the Company and SVB......
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
by Fintech News Desk0
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......
Kuber Secures $40 Million Credit Facility from Schedule I Bank
Banking Fintech Mortgage News

Kuber Secures $40 Million Credit Facility from Schedule I Bank

Fintech News Desk
by Fintech News Desk0
Kuber Mortgage Investment Corporation is pleased to announce that it has secured a $40 million revolving credit facility (the “Credit Facility”) from a top 5 Canadian Schedule 1 bank (the “Bank”). The Credit Facility is for a term of 12 months. Read More: QuickFee Introduces Connect, A New Payment Integration with Wolters......
HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India
Digital Payments News

HDFC Bank, Mastercard, USAID and DFC Launch $100 Million Credit Facility for Micro, Small and Medium Enterprises (MSMEs) in India

Fintech News Desk
by Fintech News Desk0
The credit facility will extend working capital loans to small businesses that need financing to support their digitization and recovery from the effects of the pandemic It will be made available exclusively to new credit customers with a goal of at least 50% being women entrepreneurs HDFC Bank, Mastercard, U.S.......
OppFi Expands Bank Credit Facility to Support Growth of SalaryTap
Fintech News

OppFi Expands Bank Credit Facility to Support Growth of SalaryTap

Fintech News Desk
by Fintech News Desk0
OppFi Inc., a leading financial technology platform that powers banks to help everyday consumers gain access to credit, announced that it has expanded its existing $25 million bank credit facility to $45 million. OppFi plans to use the expanded facility in part to support the growth and expansion of its......
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