First Business Capital Completes Two Transactions
First Business Capital announced it has completed two transactions totaling $10.5 million.
First Business Capital announced it has completed two transactions totaling $10.5 million.
BMO Harris Bank’s Sponsor Finance group announced it was the joint lead arranger, joint bookrunner and is administrative agent for $59 million in credit facilities to support the acquisition of OakRiver Technology by PaR Systems and MML Capital Partners.
The pace of borrowing by small businesses took a sharp turn downward last month, indicating slow economic growth will continue for at least the next quarter, according to the June Thomson Reuters/PayNet Small Business Lending Index report.
Our political leaders need to learn how to turn a troubled economy around. A framework like the five stages of turnaround can help. The job is difficult, but possible. There are many lessons that have been proven in the private sector, which can be transferred to the public sector. Many new political leaders are showing the way; others should follow.
U.S. Bankruptcy Judge Christopher Sontchi has approved the order that sets up the bidding procedures for SP Newsprint Holdings’ upcoming auction, a Deal Pipeline article said. Separately, Judge Sontchi also approved to increase SP Newsprint’s DIP loan from $30 million to $60 million.
TekLinks announced that Pamlico Capital has made a significant equity investment to acquire a majority interest in the company from Symmetric Capital and certain other shareholders.