News

MPC Container Ships has entered into a $40 million three-year revolving credit facility agreement with CIT Group.

UK-based fintech company Kantox closed its second venture debt financing deal with Silicon Valley Bank._x000D_ _x000D_

HZO has closed on $70 million in new financing, comprised of $40 million of series IV preferred stock and $30 million of new credit facilities provided by Cathay Bank for capital equipment and working capital.

Burnley Capital closed a $3 million asset based revolving credit facility to support Goedekers' acquisition by 1847 Holdings and to provide growth capital to the company.

LBC Credit Partners provided $56.5 million in senior secured credit facilities to support the acquisition of Frontier Fire Protection by Highview Capital.

Utica Leasco provided $500,000 in funding to a current customer that needed to purchase new equipment.

Monroe Capital increased its credit facility to TPC Training to support the acquisitions of National Environmental Trainers and Intelivert.

Paul H. Shur, Esq. has joined the law firm Becker & Poliakoff. He was previously a shareholder at Wilentz, Goldman & Spitzer._x000D_ _x000D_

Proactive Investors reports that confectioner Candy Club has received a $1 million credit facility from CircleUp Credit Advisors to support its U.S. expansion.

Prysmian Group, a provider of energy and telecom cable systems, has refinanced its €1 billion ($1.13 billion) long-term revolving credit facility with a pool of leading Italian and international banks.