Nicholas Financial announced that NF Funding I, a newly-formed, wholly-owned, special purpose financing subsidiary of the company (the “borrower”) entered into a senior secured credit facility on March 29. The company’s prior credit facility was paid off in connection with this new credit facility.
nFusion Capital has partnered with Amerisource Business Capital, securing a $10 million senior secured credit line for the new venture that was formed in November 2018.
Martin Energy has entered into a strategic capital partnership with Orion Energy to accelerate the growth of its distributed generation platform. The senior secured credit facility from Orion Energy will provide Martin Energy with capital to fund Martin Energy’s “CHP as a Service” platform.
Ares Commercial Finance provided an $18.75 million senior secured credit facility to Walle Corporation.
XRP holders can now collateralize their XRP and receive USD loans
Walker & Dunlop, Inc. announced that it has closed on the refinance of its senior secured seven-year term loan.
Goldman Sachs agented an $800MM refinanging for Entegris, a provider of specialty chemicals and advanced materials solutions for the microelectronics industry.
Garrison Funding 2016-2, a subsidiary of Garrison Capital, priced a $300 million term debt securitization.
Terex terminated its securitization facility with Institutional Secured Funding and Credit Suisse.
Versant Funding closed a $12 million non-recourse factoring facility for a business based in the Northeast.