Avidbank Provides $10MM Line of Credit to 3Q Digital

Avidbank Specialty Finance provided a $10 million asset-based line of credit to 3Q Digital. The financing will be used to facilitate a buyback from its parent company and provide working capital to support growth.

Avidbank Provides ATS with $6.4MM in Credit Facilities

Avidbank Specialty Finance provided $6.4 million in credit facilities to America’s Thrift Stores.

Avidbank Provides $5MM in Credit Facilities to ABS

Avidbank Specialty Finance provided a combined $5 million line of credit and term loan to Art Brand Studios.

Avidbank Supports Red Monkey Acquisition of Salt Company

Avidbank Specialty Finance provided a term loan and working capital line of credit to organic spice and seasoning provider Red Monkey Foods to support its acquisition of San Francisco-based Salt Company.

Avidbank Provides $7.5MM Credit Facilities to Zumasys

Avidbank Specialty Finance, Avidbank’s technology and asset-based lending division, provided $7.5 million in credit facilities to tech company Zumasys.

Avidbank Provides $8.3MM Credit Facilities to LightPath

Avidbank Specialty Finance, Avidbank’s technology and asset-based lending division, provided $8.3 million in credit facilities to LightPath Technologies, including a $7.3 million asset-based term loan and renewal of a $1 million asset-based line of credit.

Avidbank Provides $14MM Term Loan to Auxilio

Avidbank Specialty Finance provided Auxilio with $14 million in acquisition financing and renewed an existing line of credit.

Avidbank Provides New $5MM Term Loan to LightPath Technologies

Avidbank Specialty Finance provided LightPath Technologies with a $5 million term loan in addition to renewing an existing line of credit to support the company’s acquisition of ISP Optics.