US Capital Partners Arranges $4 Million for Technology Firm
US Capital Partners secured a $4 million revolving line of credit for a global technology and services firm. US Capital Partners served as lead arranger in the financing.
US Capital Partners secured a $4 million revolving line of credit for a global technology and services firm. US Capital Partners served as lead arranger in the financing.
North Mill Capital announced the funding of a $4 million payoff facility for M. Slavin & Sons in New York. The credit facility will be utilized for the confirmation of bankruptcy financing.
Gerber Finance provides Microphase with a $1.5 million working capital line of credit.
BG Medicine announced that it has entered into a $15 million secured loan facility with GE Capital, Healthcare Financial Services and Comerica Bank.
Alorica, a provider of outsourced customer management solutions, announced that it has secured a five-year, $200 million senior secured credit facility. Bank of America Merrill Lynch served as sole lead arranger and sole bookrunner.
First Capital has provided a $7.75 million asset-based lending facility to Butler Johnson, a distributor of premium surfacing solutions. The senior credit facility consists of a $7 million working capital revolver collateralized by accounts receivable and inventory and a term loan in the amount of $750,000.
Capital One Bank closed a three-year $10 million revolving credit facility to Teton Buildings, a manufacturer of remote workforce facilities and modular buildings. Proceeds of the facility will be used for ongoing working capital needs.
ValueVision Media, a multichannel electronic retailer operating as ShopNBC, announced it has secured a $40 million, lower-cost revolving credit facility with PNC Bank.
GemCap provided a $2.3 million credit facility to manufacturer in the gaming industry. The facility, comprised of a revolver and term loan, allows for a stock repurchase and working capital for growth.
Contech Engineered Solutions announced a new ownership structure with equity investors including Anchorage Capital Group, Littlejohn & Co., Tennenbaum Capital Partners and Farallon Capital Management, and a new credit facility with Wells Fargo Bank as administrative agent.