Specialty Lending Archives

Hayfin Capital Management Provides MiMedx with $75MM in Debt Financing

Hayfin Capital Management will provide MiMedx with $75 million in debt financing, including a five-year term loan facility in the aggregate principal amount of $50 million and a one-year, delayed draw term loan facility in the aggregate principal amount of $25 million.

ABN AMRO Commercial Finance Delivers $5MM to Recruitment Conglomerate

ABN AMRO Commercial Finance provided £4 million ($5 million) in invoice discounting to Recruitment Investments, a UK-based group of business owners who specialize in buying and selling organizations within the recruitment sector.

July 6, 2020 ABN AMRO Commercial Finance | Ben Pittam | Gareth Stanger | Recruitment Investments Phil Neuffer

Allied Affiliated Funding Provides $1.4MM in Receivables Financing

Allied Affiliated Funding closed $1 million in receivables financing to a Texas-based commercial flooring company and $400,000 in receivables financing to a Louisiana-based oil and gas industry consulting company.

July 1, 2020 Allied Affiliated Funding | Axiom Bank Phil Neuffer

Kyriba Benefits Fluor and its Suppliers During Pandemic Recovery

Kyriba, a cloud-based finance software network, has provided a working capital finance solution to Fluor, a global, publicly traded engineering, procurement, construction (EPC) and maintenance company.

June 30, 2020 Kyriba; Fluor; Jean-Luc Robert Rita Garwood

Rosenthal Provides $4MM PO Facility for CA Personal Protection Products Distributor

Rosenthal & Rosenthal completed a purchase order finance facility to support the production financing requirements of a California-based distributor of hand sanitizer and anti-bacterial soap.

June 30, 2020 Rosenthal & Rosenthal; Paul Schuldiner Rita Garwood

North Mill Capital Provides $500K A/R Facility to The Right Staff

North Mill Capital provided a $500,000 accounts receivable facility to The Right Staff, a professional employment firm with locations in Minneapolis.

June 29, 2020 North Mill Capital | The Right Staff Phil Neuffer

Sunflower Bank Provides Senior Debt Financing to SSP Innovations

Sunflower Bank provided revolving and term debt commitments in connection with a refinancing of SSP Innovations by Warren Equity Partners. The transaction closed in March 2020.

June 26, 2020 David Harper | SSP Innovations | Sunflower Bank | Warren Equity Partners Phil Neuffer

Bridge Bank Increases Fennec Pharmaceuticals’ Debt Facility to $18MM

The life sciences group at Bridge Bank amended Fennec Pharmaceuticals’ existing senior debt facility, increasing the size of the facility from $12.5 million to $18 million.

June 26, 2020 Bridge Bank | Fennec Pharmaceuticals | Lindsay Fouty | PEDMARK | Robert Andrade Phil Neuffer

TradeCap Partners Structures $1.6MM PO Finance Facility for West Coast Soap Importer

TradeCap Partners closed a $1.6 million purchase order facility for a West Coast-based importer of soap products.

June 23, 2020 Clinton Stanton | TradeCap Partners Phil Neuffer

North Mill Capital Delivers $4.4MM in Recent A/R Credit Facilities

North Mill Capital provided $4.4 million in recent accounts receivable credit facilities, including a $2 million facility to an LTL transportation company.

June 22, 2020 North Mill Capital Phil Neuffer

Category: Specialty Lending