Tag : Credit Facility

Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth
Banking News

Cambridge Savings Bank Provides BFC Solutions with a Senior Credit Facility to Fund Extensive Growth

Business Wire
by Business Wire0
Financing will allow the HVAC preventative maintenance company to repay existing debt and provide working capital to the business Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and over $6 billion in assets, announced that its Asset-Based Lending team (ABL) provided a senior credit facility to BFC Solutions (BFC), a national......
Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement
Banking News

Sasol Secures Circa USD3 Billion Five-Year Term Loan and Revolving Credit Facility Agreement

PR Newswire
by PR Newswire0
Sasol has refinanced its existing banking facilities, due to mature in calendar year 2024, into a new banking facility totaling USD2 969 million. The new banking facility comprises of a USD1 987 million revolving credit facility and a USD982 million term loan facility, both with a five-year maturity, and with two extension options of one year......
Orion180 Group Inc. Raises Additional $42.5 Million of Capital
InsurTech News

Orion180 Group Inc. Raises Additional $42.5 Million of Capital

Business Wire
by Business Wire0
Investment Builds Balance Sheet for Two Full-Stack Carriers Orion180, a premier provider of insurance solutions founded in 2016 to enhance the way agents and consumers purchase and manage insurance, has closed on an inaugural $42.5 million senior secured credit facility led by Regions Bank. “This significant new investment into Orion180......
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......
ePlus Celebrates 30th Anniversary
Finance News

ePlus Expands Credit Facility

PR Newswire
by PR Newswire0
Increase to $500 Million Enhances ePlus’ Working Capital Financing Capacity ePlus inc. a leading provider of technology and financing solutions, announced that its wholly-owned subsidiaries ePlus Technology, inc., ePlus Technology Services, inc. and SLAIT Consulting, LLC (collectively, the “Borrowers”) recently entered into an amendment to their credit agreement with their lenders (the......
Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets
Banking News Security

Socure Secures $95 Million Credit Facility with J.P. Morgan, Silicon Valley Bank and KeyBanc Capital Markets

Business Wire
by Business Wire0
Socure, the leading provider of digital identity verification and fraud solutions, announced it has entered into a $95 million, three-year credit facility with J.P. Morgan, Silicon Valley Bank, and KeyBanc Capital Markets. This line of credit will further strengthen the company’s financial position as it continues on its mission to be the......
Sound Point Capital Provides Financing to Support the Acquisition of Gannett Fleming
Finance News

Sound Point Capital Provides Financing to Support the Acquisition of Gannett Fleming

Business Wire
by Business Wire0
Sound Point Capital supports the acquisition of Gannett Fleming by OceanSound Partners Sound Point Capital Management is pleased to announce that it acted as Administrative Agent on a first lien senior secured credit facility to Gannett Fleming, a leading engineering and infrastructure solutions provider. The financing was used to support......
Propel Announces New $250 Million Syndicated Credit Facility
Fintech News

Propel Announces New $250 Million Syndicated Credit Facility

Business Wire
by Business Wire0
Propel Holdings Inc. (“Propel”) (TSX: PRL), an innovative fintech company dedicated to credit inclusion, announced a new $250 million syndicated credit facility for the company’s CreditFresh line of business (“the credit facility”). The new credit facility replaces and upsizes the previous CreditFresh facility by $90 million. Latest Fintech Interview: Global......
SolaREIT Announces $15 Million Revolving Credit Facility with Atlantic Union Bank
Investment Services News

SolaREIT Announces $15 Million Revolving Credit Facility with Atlantic Union Bank

Fintech News Desk
by Fintech News Desk0
Competitive cost of capital to benefit solar developers across the country SolaREIT, a solar real estate investment fund, announced that they successfully closed on a revolving credit facility with Atlantic Union Bank (AUB). This line of credit provides the company with an additional $15 million of liquidity, and will allow SolaREIT™ to......
DailyPay Announces $260 Million in New Funding
Digital Payments Fintech News

DailyPay Announces $260 Million in New Funding

Fintech News Desk
by Fintech News Desk0
Funds will be used to drive growth, product innovation and international expansion for the leading on-demand pay provider DailyPay, a leading financial technology company, announced it has secured $260 million of capital to fuel growth domestically, expand internationally and further invest in product innovation. The funding is divided between revolving credit......
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