Crestmark Provides More Than $25MM in ABL Financings in H2/April
Crestmark secured a total of $25,758,713 in ABL financial solutions for 10 new clients in the second half of April.
Forward for Specialty Finance
Deal Announcements
Mortell Joins Ankura as Senior Managing Director
Financial and restructuring services expert and digital media strategist Michael Mortell has joined Ankura as senior managing director. _x000D_ _x000D_
First Business Growth Provides $8.5MM L/C to Bakery
First Business Growth Funding closed an $8.5 million ledgered line facility for a major commercial bakery.
Utica Leaseco Completes $20MM Lease Facility
Utica Leaseco closed $20 million of a $50 million lease facility for the manufacturer of a high-tech proprietary energy product.
J D Factors Closes 14 Transactions Totaling $2.17MM
J D Factors completed 14 new factoring facilities in April and early May for a total of $2.17 million.
CIBC Provides New $70MM ABL for Alcanna
Alcanna entered into a new senior secured $70 million asset-based revolving credit facility with Canadian Imperial Bank of Commerce acting...
PNC Provides New $25MM Revolver to AutoWeb
AutoWeb entered into a new three-year, $25 million secured revolving credit facility with PNC Bank.
Oxford Finance Closes $60MM Facility with RefleXion Medical
Oxford Finance closed a $60 million senior secured term loan with RefleXion Medical. a biotargeting oncology company developing a biology-guided...
Deutsche Provides $100MM Revolver for Newtek
Newtek Business Services closed a $100 million senior-secured revolving credit facility with Deutsche Bank.
TradeRiver Provides $750K Facility to Equipment Distributor
TradeRiver provided a $750,000 revolving trade facility to a refrigerator equipment distributor.
