Tag : Credit Facility

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program
Finance News

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
Share repurchase program expands capital allocation optionality and is expected to be funded through existing cash and future free cash flow Sterling Check Corp. announced a $700 million refinancing of the Company’s credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives......
Alida Enters Funding Agreement Led By National Bank of Canada for USD $60 Million
Banking Fintech Funding News Technology

Alida Enters Funding Agreement Led By National Bank of Canada for USD $60 Million

Fintech News Desk
by Fintech News Desk0
Investment to fuel global expansion plans as Alida accelerates growth in Customer Experience Alida, a leader in experience management, announced it has secured a USD $60 million syndicated credit facility from lead lender National Bank of Canada through its Technology and Innovation Banking Group. Co-lenders include BMO, Comerica, and Silicon......
Steward Partners Secures $140 Million Credit Facility to Support Continued Growth and Accelerate Recruiting Effort
Investment Services News

Steward Partners Secures $140 Million Credit Facility to Support Continued Growth and Accelerate Recruiting Effort

Fintech News Desk
by Fintech News Desk0
Steward Partners Global Advisory, LLC, an employee-owned, full-service independent partnership, has secured a $140 million credit facility to support the next phase of the partnership’s development and fuel its future growth. The facility was led by Apogem Capital LLC, with support from Manulife Investment Management, and Cynosure Investment Partners, LLC. “This event speaks......
Artificial Intelligence Fintech News

Lendbuzz Secures $150 Million Credit Facility From J.P. Morgan

Fintech News Desk
by Fintech News Desk0
Lendbuzz, a fintech company that is disrupting the car financing market using AI and machine learning algorithms, announced that it closed a $150 million credit facility with J.P. Morgan. This is the second credit facility between the investment bank and the financial technology company in 2022 (in January, J.P. Morgan......
Brightwood Capital Advisors Leads Senior Secured Credit Facility to Support Orangewood Partners’ Acquisition of Barrington James
Fintech News

Brightwood Capital Advisors Leads Senior Secured Credit Facility to Support Orangewood Partners’ Acquisition of Barrington James

Fintech News Desk
by Fintech News Desk0
Brightwood Capital Advisors (“Brightwood”), a leading private credit firm, announced that it acted as sole lead arranger and administrative agent to provide a senior secured credit facility in support of Orangewood Partners’ acquisition of Barrington James (“the Company”). Latest Fintech Insights : Goldman Sachs Asset Management and Cleanhill Partners Acquire......
TimePayment Announces New $375Million Revolving Credit Facility
Fintech News

TimePayment Announces New $375Million Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
TimePayment, an award-winning FinTech company and market leader in sales financing for specialty equipment sellers, has announced the closing of a new $375 million revolving credit facility, including a $50 million accordion. The facility replaces its previous, primary facility that was set to mature at year end. BMO Harris Bank......
TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility
Banking News

TAB Bank Provides Wood Products Distribution Company in Arkansas with a $5 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a wood products distribution company in Arkansas with a $5 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. “Latest Fintech News: Bank of America Announces Small Business Down......
Charles River Associates (CRA) Announces New $250 Million Revolving Credit Facility
Banking Fintech News

Charles River Associates (CRA) Announces New $250 Million Revolving Credit Facility

Fintech News Desk
by Fintech News Desk0
Charles River Associates a worldwide leader in providing economic, financial, and management consulting services, today announced a new and expanded revolving credit facility with a bank syndicate comprised of five lenders. The five-year facility is for an aggregate principal amount of up to $250 million, which amount may be decreased at......
TAB Bank Provides Refueling Equipment Manufacturer in Kansas with a $2 Million Asset-Based Credit Facility
Banking News

TAB Bank Provides Refueling Equipment Manufacturer in Kansas with a $2 Million Asset-Based Credit Facility

Fintech News Desk
by Fintech News Desk0
TAB Bank is pleased to announce it has provided a refueling equipment manufacturer in Kansas with a $2 million asset-based credit facility. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs. Latest Fintech News: Intelligent Banking Solutions. Inc., the Leading Collection......
BlockFi Signs a Landmark Term Sheet with FTX to Provide a $250 Million Credit Facility
Cryptocurrency News

BlockFi Signs a Landmark Term Sheet with FTX to Provide a $250 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
Credit facility bolsters BlockFi’s balance sheet and underscores long-term stability BlockFi, a global crypto financial services company, announced that the company signed a term sheet with FTX to secure a $250 million USD revolving line of credit providing BlockFi with access to further capital. The proceeds of the credit facility are......
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