Avidbank Supports Calyx Capital with Combined Credit Facilities
Avidbank Specialty Finance provided an accounts receivable line of credit and a senior term loan to Calyx Capital Partners.
Avidbank Specialty Finance provided an accounts receivable line of credit and a senior term loan to Calyx Capital Partners.
Avidbank Specialty Finance refinanced a $4 million term loan for NTN Buzztime. The funds will be used to provide the company with a more flexible financing structure.
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 Specialty Finance provided $6.4 million in credit facilities to America’s Thrift Stores.
Avidbank Specialty Finance provided a combined $5 million line of credit and term loan to Art Brand Studios.
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 Specialty Finance, Avidbank’s technology and asset-based lending division, provided $7.5 million in credit facilities to tech company Zumasys.
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 Specialty Finance provided Auxilio with $14 million in acquisition financing and renewed an existing line of credit.
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.