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.
TradeCap Partners closed a $1.6 million purchase order facility for a West Coast-based importer of soap products.
North Mill Capital provided $4.4 million in recent accounts receivable credit facilities, including a $2 million facility to an LTL transportation company.
Sallyport Commercial Finance arranged a $2 million accounts receivable facility, including a $500,000 cash flow loan, to a company that provides due diligence and document management solutions.
Hudson Resources entered into an amendment agreement with Cordiant Capital and Apex Asset Management to extend the maturity date of its $10 million six month bridge loan facility to June 30, 2020.
North Mill Capital provided a $750,000 accounts receivable facility to Geartek, a company that specializes in engineered products for equipment rotation.
The Singing Machine Company entered into a two-year loan and security agreement for a $10 million financing facility with Crestmark on eligible accounts receivable. The company also executed an agreement with Iron Horse Credit for up to $2.5 million in inventory financing.
Franklin Capital recently completed two new accounts receivable financing facilities, including a $3 million facility to a UK-based IT equipment supplier.
Entrepreneur Growth Capital closed a $1 million working capital facility to a software company that streamlines influencer and content creation strategies.
Davidson Kempner Capital Management provided $204 million of debt financing to Playa Hotels & Resorts. In addition, according to an 8K, Deutsche Bank is serving as administrative agent on the fourth amendment to Playa Hotels & Resorts’ credit agreement.
Sallyport Commercial Finance arranged a $3 million accounts receivable facility for a national distributor of gaming and consumer electronics.