Perseverance, Caution & Creativity: Reaping Rewards When Money Rules the Day

Five industry executives weigh in with ABF Journal contributor Lisa Miller on the current ABL marketplace. They share their thoughts on 2015 performance, cash flow loans, supply and demand, M&A, alternative lenders and provide an outlook for the year ahead.

BofA Closes $30MM Senior Secured Asset-Based Loan to Techniplas

Bank of America Business Capital closed a $30 million senior secured asset-based loan to Techniplas.

BofA Closes $30MM Senior Secured Asset-Based Loan to Techniplas

Bank of America Business Capital closed a $30 million senior secured asset-based loan to Techniplas.

BofA Business Capital Agents $80MM ABL for Ice Mobility

Bank of America Business Capital announced it served as administrative agent on a $80 million asset-based revolver to Ice Mobility.

BofA Business Capital Provides $200MM ABL to Exide

Bank of America Business Capital recently closed a $200 million asset-based revolving credit facility for Exide Technologies.

BofA Business Capital Provides $22.5MM in Rosina Facilities

Bank of America Business Capital closed a $20 million revolving credit line and $2.5 million term loan for Rosina Food Products to refinance the company’s existing debt.

BofA Business Capital Provides ABL to Hewden Stuart

Bank of America Business Capital provided a £115 million ($178 million) senior facility to Hewden Stuart.

BofA Business Capital Provides Monterrey ABL Revolver

Bank of America Business Capital completed an ABL revolver for Monterrey Provision Company to refinance the company’s existing debt and provide ongoing working capital financing to support the firm’s increased growth.

BofA Business Capital Provides Pro-Pet Facility

Bank of America Business Capital has provided $21.4 million in senior secured credit facilities for Pro-Pet, a portfolio company of H.I.G. Capital.

BofA Business Capital Provides ShelterLogic Facility

Bank of America Business Capital provided a $20 million revolver for ShelterLogic. Proceeds will support a new distribution facility on the West Coast, and provide ongoing working capital.