First Citizens Bank’s asset-based lending business, part of the bank’s commercial finance group, served as co-collateral agent on $75 million in financing for branded consumer products company Turning Point Brands.
Exectras, a provider for small and midsized businesses seeking everyday business services, including merchant services, payroll, health insurance and workers’ compensation, completed debt financing from Tacora Capital for up to $30 million.
Bridge Bank’s technology banking group closed a $3.5 million venture debt term loan with Gooten, a technology and fulfillment company based in New York. Gooten will use the funds for continued growth and expansion.
Grindr completed a refinancing via a new $300 million term loan A facility and a $50 million revolving credit facility. The joint lead arrangers of the transaction are J.P. Morgan, Bank of America, Citizens Bank and Silicon Valley Bank, a division of First Citizens Bank.
Six One Commodities (61C) closed a $700 million expansion and renewal of its one-year revolving borrowing base credit facility. The facility includes a $300 million accordion feature, bringing total capital available to $1 billion.