Crystal Financial Completes $45MM CARite Facility

Crystal Financial completed a $45 million senior credit facility for CARite Holdings. Proceeds will be used to refinance existing debt and to fund lease portfolio growth.

Crystal Financial Provides Acquisition Financing for ProAir

Crystal Financial funded a $15.0 million senior secured term loan to support ProAir’s acquisition of Bus Air Manufacturing.

Crystal Financial Provides Term Loan for Circle 8 Crane Services

Crystal Financial closed a senior secured term loan for Circle 8 Crane Services as part of a broader recapitalization of the business led by Trive Capital.

Crystal Agents $68.5MM Facility for Global Holdings Recap

Crystal Financial served as administrative agent for a $65.5 million senior credit facility to complete an equity recap for Global Holdings by New States Capital Partners.

Blue Hills ABL Team provides $2.5MM Facility to NELS

Blue Hills Bank closed a $2.5 senior credit facility with New England and Northeast Linen Supply, a linen service and uniform rental company serving the Northeast.

Crystal Financial Provides $14.5MM Facility to NELS

New England Linen Supply closed a $14.5 million senior credit facility with Crystal Financial.

WFCF, Signature, Crystal Double Size of Gibraltar’s Borrowing Capacity

Gibraltar Business Capital and Gibraltar Capital Advance closed a new $101 million facility that increased their borrowing capital with Wells Fargo Capital Finance, Signature Bank and Crystal Financial.

Crystal Financial Supports Model N’s Revitas Buy

Crystal Financial, an independent commercial finance company, provided a $50 million term loan facility for Model N to support its acquisition of Revitas.

BofA, Regions, Others Increase Fred’s ABL to Support Rite Aid Buy

To support acquisition by Fred’s of 865 Rite Aid stores, Bank of America, Merrill Lynch and Regions Capital have provided $1.05 billion of committed ABL financing.

Crystal Financial Closes $26MM Facility For Gibraltar Capital Advance

Crystal Financial closed a $26 million senior secured facility for Gibraltar Capital Advance.