News

Capital Now completed two transactions totaling $200,000.

Registration is open for the 13th Annual Philadelphia Credit & Restructuring Summit sponsored by ABF Journal, the New York Institute of Credit and the Philadelphia TMA chapter.

American Blue Ribbon Holdings filed a petition for voluntary Chapter 11 reorganization with the U.S. Bankruptcy Court of Delaware.

Wells Fargo Capital Finance (UK) worked with a newly formed European based investor group to support their acquisition of Puragen by providing a $7.5 million funding package on U.S. based assets.

Anglo Pacific Group has agreed to a $30 million increase to its revolving credit facility and extended the term by 12 months to September 2022.

U.S. Xpress Enterprises has refinanced its senior credit facility.

CrowdOut Capital completed a term loan and a delayed draw growth facility to Wild Wing Cafe.

Sproutly Canada has secured a private loan of $1 million from Infusion Biosciences, a related party of the company.

TAB Bank is opening a Los Angeles Loan Production Office to better serve its new and existing clients in the Western Region.

Rockland Trust provided a $4 million revolving line of credit through its Asset Based Lending team to Simonds Saw, a manufacturer of high-quality industrial blades and files for cutting and shaping metal.