News

A bank syndicate led by DVB Bank closed the financing of 34 bulk carriers for Polsteam Group.

Horizon Technology Finance provided a $5 million venture loan facility to Meditrina, of which $3 million has been initially funded.

TAB Bank provided a $600,000 revolving credit facility for a motocross apparel company based in California.

Abacus Finance Group served as administrative agent and sole lender for $27.7 million in senior facilities to support the refinancing of In-Place Machining Company by Platte River Equity.

Regulus Therapeutics has amended its $14.7 million term loan with Oxford Finance.

Crystal Financial, in partnership with affiliates of Solar Capital Partners, closed a C$97.5 million ($72.4 million) senior credit facility for Ashley Park Operations.

Clarus terminated its asset-backed credit facility and entered into a new $100 million cash flow credit facility, which includes an uncommitted $50 million accordion with JPMorgan Chase.

Terra Firma Capital expanded its current debt facility with Texas Capital Bank from $20 million to $35 million.

Tradewind closed a €400,000 ($480,000) accounts receivable facility for an exporter of fresh and frozen fish based in Iceland.

Optimism among small business owners is strong, according to the latest quarterly Wells Fargo/Gallup Small Business Index conducted April 1-5.