Gateway Trade Funding Closes $4.5MM in Financing with Tech Company
Gateway Trade Funding partnered with another lender to complete a $4.5 million facility consisting of stretch finance, factoring and purchase order financing for a tech company.
Gateway Trade Funding partnered with another lender to complete a $4.5 million facility consisting of stretch finance, factoring and purchase order financing for a tech company.
First Citizens Bank’s real estate finance group, part of the CIT division, served as lead arranger on $65.7 million in financing to MainStreet Property Group for the development of The Spark Apartments, a 211-unit, Class A multifamily project in Redmond, WA.
Celtic Capital entered into a client relationship with an Arizona- based company that designs and manufactures a complete range of archery equipment for all segments of the sport. The company had broken covenants with its bank and was seeking replacement financing.
Aircastle Limited announced it increased the size of its unsecured revolving credit facility with Mizuho Marubeni Leasing America to $200 million from $100 million and extended its maturity to January 2025.
Brookridge Funding closed a $8 million purchase order funding facility for an importer and distributor of solar panels.
TradeCap Partners closed a $7 million purchase order funding facility for a supplier providing new and used equipment to big box retailers located throughout the United States and Canada.
SLR Capital Partners, a boutique asset manager, closed on $2.2 billion of equity commitments within SLR’s direct cash flow lending and specialty finance strategies during the second half of 2022.
LivAway Suites, a company producing a new extended stay hotel concept, arranged $85 million in debt financing through Keystone National Group for its first locations in the United States.
CapitalPlus Construction Services offered a growing Texas general contractor a $2 million facility, with the deal including CapitalPlus’ Accelerated Payment Program.
United Capital Funding Group, a Florida-based factoring firm with offices in Chicago provided a $2.5 million debtor-in-possession (DIP) facility to a California-based sports equipment wholesaler.