Siena Lending Group Closes $35MM Credit Facility for Footwear Company
Siena Lending Group closed a $35 million credit facility for a fourth-generation, family-owned company based in Milwaukee, WI.
Siena Lending Group closed a $35 million credit facility for a fourth-generation, family-owned company based in Milwaukee, WI.
Siena Lending Group completed a $35 million asset-based revolving line of credit for Grove Collaborative, a publicly traded consumer products company that creates and curates more than 150 brands primarily in the home and personal care categories.
Siena Lending Group increased its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is an independent asset-based lending business.
Siena Lending Group and Great Rock Capital closed a $100 million senior secured credit facility with SkyWater Technology, a publicly traded company with a majority ownership by Oxbow Industries.
SkyWater Technology, a technology realization partner, signed a $100 million three-year senior secured revolving credit facility that expands the company’s available borrowing capacity. The facility was jointly arranged by Siena Lending Group and Great Rock Capital.
Siena Lending Group donated more than 300,000 meals to individuals and families.
Siena Lending Group completed a $45 million asset-based revolving line of credit for Gladiator Energy. The facility was provided to repay existing debt and to support the company’s growth initiatives.
Siena Lending Group completed a $50 million asset-based revolving line of credit to MD Helicopters, a manufacturer of high-performance rotorcraft solutions that support operators flying military, commercial, law enforcement, utility and VIP mission profiles.
Siena Lending Group appointed Dillon Lounsbury as senior vice president of originations, to further strengthen its originations efforts.
Siena Lending Group completed a $50 million asset-based revolving line of credit for Inseego. The facility was provided to ensure the company is well-positioned to capitalize on expected growth in the 5G landscape.