CapitalPlus Provides Factoring Facility to Subcontractor
CapitalPlus Equity announced it provided a revolving factoring facility for $152,000 to a drywall and plaster subcontractor.
CapitalPlus Equity announced it provided a revolving factoring facility for $152,000 to a drywall and plaster subcontractor.
Bibby Financial Services announced that it has funded a $4 million factoring facility for an Alberta-based distributor. The company markets high quality and energy-efficient wood-pellet-burning barbecue grills.
Tiger Capital Group is conducting going-out-of-business sales in all 50 stores operated by XS Cargo Company.
Hercules Technology Growth Capital announced strong Q3/14 portfolio activity.
GE Capital Fleet Services announced it named Todd Good as SVP of sales. Good previously served at PHH Arval.
Capmark Financial entered into a series of agreements pursuant to which it will acquire Bluestem Brands. Upon the acquisition’s close, U.S. Bank will provide Bluestem with an $80 million ABL facility.
Integrated Electrical Services amended its credit and security agreement with Wells Fargo Capital Finance. The facility was increased to $60 million and extended to August 9, 2018.
Prospect Capital provided $215 million of first lien senior secured credit facilities to support the recapitalization of Pacific World, a portfolio company of Levine Leichtman Capital Partners.
BMO Harris Bank’s Sponsor Finance group announced it was joint lead arranger, joint bookrunner and is administrative agent for $66 million in senior credit facilities to Tronair.
Henry Schein announced the extension of several existing credit facilities, totaling $1,775 million. J.P. Morgan Securities and HSBC Bank acted as lead arrangers and co-bookrunners.