Generate Lending Closes $30MM Loan for Plug Power
Plug Power closed on a $30 million loan with Generate Lending, a specialty finance company with experience in the energy industry.
Plug Power closed on a $30 million loan with Generate Lending, a specialty finance company with experience in the energy industry.
Crestmark secured a total of $11.15 million in financial solutions for six new clients in the second half of February.
Oxford Finance served as co-lender and documentation agent in the closing of a $35 million term loan and a $15 revolving line of credit for Superior Biologics.
Celtic Capital funded a $2.23 million accounts receivable and inventory lines of credit and term loan for a new client.
Thermo Credit provided Gibson Technology Solutions with a $250,000 factoring facility to be used for business expansion.
The Capital Garden established an invoice factoring relationship with a do-it-yourself arts and crafts project kit creator.
Hana Financial closed two separate credit facilities, totaling $2 million, to Nylon Media and Socialyte, both portfolio companies of Diversis Capital.
North Mill Capital has funded a $10 million accounts receivable and inventory credit facility for GMT, an Iowa-based manufacturer.
TAB Bank provided $145,000 in TAB FAST funding for two trucking companies. This program enables approval and funding in as little as 24 hours.
Penfund has completed an incremental $7.5 million second lien term facility for Pediatric Services Holding operating as PSA Healthcare.