Exclusive Interviews with Industry Leaders.
Print, Digital, Online, Mobile,
& E-news options
The Latest Asset-Based Finance Transactions
Get ABFJ updates on your smartphone or tablet.
ABL Industry Service Providers & Specialty Lenders
Antares Capital is serving as administrative agent and lead arranger on a $145 million senior secured credit facility to support the acquisition of AIM Aerospace by Liberty Hall Capital Partners.
First Bancorp, the parent company of First Bank, added Joe DePasquale, Todd Rangel, Melissa Beane and Justin Combs as a new commercial lending and financial services team.
Abacus Finance Group served as administrative agent and sole lead arranger for $18 million in senior secured credit facilities to support the carve-out of VITAC Corporation by The Gores Group.
Access Capital has closed a new transaction consisting of a revolving credit facility of $1.75 million and a term loan totaling $100,000 for a staffing company specializing in the light industrial sector.
J D Factors closed six factoring facilities recently, totally more than $2.5 million.
SUPERVALU completed the repricing, amendment and extension of its existing $1 billion asset-based revolving credit facility. Wells Fargo Bank served as administrative agent, swing line lender and LC issuer.
Opus Bank added Ron Wilkowski to its Pacific Northwest Commercial Banking Team as senior managing director.
Pacific Mercantile Bank has increased its existing multi-million dollar credit facility with K1 Speed by 50%. The expanded credit facility is being utilized by K1 Speed to open four new indoor kart-racing locations around the country.
BFS Capital, a financing platform for small businesses, has entered into a $165 million amended and restated loan and security agreement with Wells Fargo Capital Finance as administrative agent.
SunTrust launched a new payments and technology industry specialty in Commercial and Business Banking. Eric Brewer, current head of Treasury and Payment Solutions at SunTrust, will lead this new specialty.
Feb 17, 2016: 2016 TMA Distressed Investing Conference
Mar 2, 2016: Factoring & Supply Chain Finance World 2016
Mar 11, 2016: 2016 Bankruptcy Battleground West
Apr 13, 2016: Annual Factoring Conference