Old Hill Provides $6MM ABL to Consumer Debt Lender
Old Hill has provided a $6 million revolving facility to a company focused on lending to small and medium-sized buyers of portfolios of charged-off consumer debt.
Old Hill has provided a $6 million revolving facility to a company focused on lending to small and medium-sized buyers of portfolios of charged-off consumer debt.
CapitalPlus completed six transactions in February for a total of $10.44 million.
MidFirst Business Credit has provided $16 million in working capital and term facilities to Principal Manufacturing Corporation.
Midcap Business Credit closed a $5 million revolving credit facility for Appco Pharma.
The Federal Reserve Open Market Committee decided to lower the target range for the federal funds rate by half a percentage point, to a rate of 1% to 1.25%.
Nautic Partners has completed the acquisition of Harrington Industrial Plastics in partnership with Harrington management.
SC&H Capital’s team served as the exclusive, court-approved investment banker to secure a buyer for Cardinal Homes.
Jodi L. Lashin has joined Blank Rome’s New York office as a partner in the Corporate, M&A, and Securities group.
Soltage raised a $142 million senior construction-to-term credit facility with Fifth Third Bank.
Online lending startup Oriente has secured a $20 million debt funding facility from multi-asset investment firm Silverhorn Group.