Sallyport Provides $250K in A/R Financing to Canadian Advertising Company
Sallyport Commercial Finance expedited the expansion of an Ontario advertising company with $250,000 in accounts receivable financing.
Sallyport Commercial Finance expedited the expansion of an Ontario advertising company with $250,000 in accounts receivable financing.
Iron Horse Credit closed a $4 million standalone inventory revolving line of credit to a manufacturer and developer of advanced alloys with a focus on specialty copper alloys and high-performance beryllium aluminum castings.
Franklin Capital completed a $250,000 factoring and purchase order finance facility for a Canadian-based apparel company that focuses on sportswear and outerwear.
Prestige Capital secured a $500,000 accounts receivable credit facility for a healthcare services company based in Kansas City, MO.
Accel-KKR Credit Partners provided debt financing to support the next stage of growth for Trax Technologies, a transportation spend management and payments company serving global shippers with logistics ecosystems.
Plains All American Pipeline and Plains GP Holdings renewed and extended its two credit facilities, which have a combined valued of $2.7 billion. Bank of America led the funding for the facilities as administrative agent.
Gemini Finance provided a $1.5 million purchase order financing facility to a California-based manufacturer of window shades, which used the funding to fulfill purchase orders from a home improvement retailer.
Better Therapeutics, a prescription digital therapeutics company developing cognitive behavioral therapy to address the root causes of cardiometabolic diseases, secured a loan facility for up to $50 million from Hercules Capital.
Vesey Street Capital Partners completed a recapitalization of Safecor Health, a provider of pharmaceutical unit dose packaging services for hospitals and health systems. JPMorgan Chase Bank provided debt financing to support the transaction.
Fifth Third Business Capital provided $16 million in refinancing to support Orly International, a manufacturer of branded professional nail salon and personal care products.