TAB Bank provided a $4 million revolving credit facility for a technology company located in New Jersey. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.
Read moreDetailsSallyport Commercial Finance supplied a recognized market leader in metal manufacturing with a $1.9 million accounts receivable facility, $500,000 inventory facility and a $250,000 term loan.
Read moreDetailsAluar Aluminio Argentino secured a $56 Million Credit facility from EKF Denmark’s export credit agency. Citibank Europe, UK Branch acted as facility agent, and Citibank acted as collateral agent on the transaction.
Read moreDetailsGoldgroup Mining closed an agreement with Accendo Banco, multiple banking institution, for a $1.8 million secured medium term loan facility.
Read moreDetails_x000D_ Riemer & Braunstein, a law firm that specializes in banking and finance, added Stephen Queenan as an associate in its Commercial Finance practice, in its Boston office._x000D_ _x000D_
Read moreDetailsAnkura promoted seven of its valued professionals to senior managing director._x000D_ _x000D_
Read moreDetailsTrueNorth Capital Partners acted as financial advisor to Asahi Kasei Corporation on its acquisition of Sage Automotive Interiors from Clearlake Sage Holdings, the 100% owner of Sage and a portfolio company of Clearlake Capital Group.
Read moreDetailsPNC Bank served as administrative agent for a $80 million credit facility for Shur-Line, a portfolio company of Nova Capital Management. The financing will support Nova’s acquisition of World and Main.
Read moreDetailsArms-maker Sturm, Ruger closed a $40 million revolving line of credit with Wells Fargo.
Read moreDetailsAccording to the American Bankruptcy Institute, commercial chapter 11 filings totaled 308 in September, a 31% decrease from the 445 filings in the same month one year ago
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