Search Results for: credit facility

Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility
Finance Fintech News

Ericsson Signs USD 2 Billion Sustainability-linked Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
– USD 2 billion sustainability-linked revolving credit facility signed – Transaction underlines the confidence in Ericsson’s financial and sustainable performance Ericsson has signed a USD 2 billion sustainability-linked revolving credit facility, renewing an undrawn USD 2 billion credit facility signed in 2013. The successful transaction underlines the confidence in Ericsson’s financial and sustainable performance......
WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate
Fintech News

WebBank Provides New Asset-Backed Revolving Credit Facility to Libertas Funding Affiliate

Fintech News Desk
by Fintech News Desk0
WebBank announced it has provided a new senior secured, asset-backed revolving credit facility to an affiliate of Libertas Funding, LLC (together, “Libertas”). WebBank is the sole arranger and lender under the facility. “We are thrilled to expand our partnership with WebBank, a true digital banking leader whom we greatly respect......
TransPerfect Announces New $500 Million Credit Facility
Banking News

TransPerfect Announces New $500 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
New Credit Facility Reduces Annual Interest Expense, Adds Flexibility, Increases Capacity and Extends Maturity TransPerfect, the world’s largest provider of language and technology solutions for global business, announced that it has refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving......
Quisitive Announces BMO Credit Facility and Retires Existing Credit Facility
Digital Payments Finance News

Quisitive Announces BMO Credit Facility and Retires Existing Credit Facility

Fintech News Desk
by Fintech News Desk0
Quisitive Technology Solutions Inc., a premier Microsoft Cloud Services and Payment Solutions Provider, is pleased to announce that it has paid out and retired its existing credit facility with a Canadian Schedule 1 Chartered Bank (the “Bank”) and has entered into a new credit facility with a syndicate led by......
Award-Winning Point-of-Sale Fintech Platform LendingUSA Closes $200 Million Senior Credit Facility From Atalaya and Credit Suisse
Fintech News

Award-Winning Point-of-Sale Fintech Platform LendingUSA Closes $200 Million Senior Credit Facility From Atalaya and Credit Suisse

Fintech News Desk
by Fintech News Desk0
The new credit facility will help LendingUSA expand its products and services to fuel its future growth LendingUSA, a leading provider of point-of-sale financing, has closed a new credit facility of $200 million from Atalaya Capital Management and Credit Suisse. Sector Financial Inc., an affiliate of Credit Suisse, provided access to the......
TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility
Banking Business News

TAB Bank Provides Textile Company in California with an $8.5 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a textile company in California with an $8.5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to provide additional availability to meet the company’s rapidly increasing sales.......
ThermoCredit Creates Credit Facility for ASC Partners
Finance Fintech News

ThermoCredit Creates Credit Facility for ASC Partners

Fintech News Desk
by Fintech News Desk0
ThermoCredit LLC, a funding and fintech company, has created a $250,000 line of credit for ASC Partners to fund the growth of their other business interests Thermo Credit LLC has entered into an agreement with ASC Partners to provide a rapid access credit facility. The $250,000 factoring facility has been......
CIT Northbridge Serves as Sole Lead Arranger on $17.4 Million Credit Facility for Hynes Industries
Business Finance News

CIT Northbridge Serves as Sole Lead Arranger on $17.4 Million Credit Facility for Hynes Industries

Fintech News Desk
by Fintech News Desk0
CIT Group Inc. announced that CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $17.4 million credit facility for Hynes Industries, a provider of custom metal solutions. Based in Youngstown, Ohio, Hynes Industries manufactures highly engineered custom metal products, including strip steel, rolled form shapes, flat wire......
WebBank Joins Synovus Bank to Provide an Asset-Based Revolving Credit Facility Upsize to AB Private Credit Investors Corporation
Fintech News

WebBank Joins Synovus Bank to Provide an Asset-Based Revolving Credit Facility Upsize to AB Private Credit Investors Corporation

Fintech News Desk
by Fintech News Desk0
WebBank announced it has joined Synovus Bank, Specialty Finance Division (“Synovus”) to provide additional commitment in an asset-based revolving credit facility to AB Private Credit Investors Corporation, a subsidiary of AllianceBernstein, which is one of the world’s largest investment management and research firms with approximately $724 billion in assets under......
Stride Bank Funded on a $15 Million Credit Facility to Help Pipeline Inspection Company Manage Cash Flow, Sourced Through Jack Henry's Accounts Receivable Financing Program
Finance Fintech News

Stride Bank Funded on a $15 Million Credit Facility to Help Pipeline Inspection Company Manage Cash Flow, Sourced Through Jack Henry’s Accounts Receivable Financing Program

Fintech News Desk
by Fintech News Desk0
Bank to help local business recover from the pandemic, create additional revenue opportunities Jack Henry & Associates, Inc. is a leading provider of technology solutions and payment processing services primarily for the financial services industry. Today, Jack Henry Lending announced that $1.1 billion-asset Stride Bank has successfully leveraged its accounts receivable (A/R) financing......
1