BizCap (Business Capital since 2002) structured and secured $10 million in real estate financing for Deerfield Ranch Winery, an organic winery producing 15,000 cases annually.
Ona Capital Advisors, a licensed, lender-approved capital advisory and operational consulting firm that supports privately-held businesses, arranged a $4 million Small Business Administration loan for ClimbZone, a family entertainment center concept featuring climbing walls and other attractions.
Prospect Capital funded total commitments of $202 million, comprised of a $49 million first lien senior secured floating rate term loan and a $153 million second lien senior secured floating rate term loan, to support the refinancing of PGX Holdings (Progrexion), a portfolio company of H.I.G. Capital.
Celtic Capital provided a $1 million accounts receivable line of credit, a $175,000 term loan and a $150,000 inventory line of credit to a Washington-based cutter/packer of meat products for restaurants and food service companies.
Funds managed by Ares Management’s credit group closed approximately $9 billion in commitments across 77 transactions during Q2/21 and approximately $21.8 billion in commitments across 221 transactions in the 12-month period ended June 30, 2021.
Antares closed 139 transactions totaling almost $11 billion in financing commitments to middle-market, private equity-backed companies in the first half of 2021.
Ares SSG, an Asia-Pacific alternative asset manager, closed its third Secured Lending Opportunities Fund III (SLO III), achieving capital commitments of more than $1.6 billion, which Ares believes is the largest pan-Asian secured lending fund to date.
SLR Capital Partners closed its healthcare direct lending funds (SLR HCLF), securing more than $480 million in equity commitments and reaching its initial target. With anticipated leverage, total available capital for SLR HCLF is expected to be more than $1 billion.
Soltage, an independent renewable power producer, raised a $130 million debt facility led by Silicon Valley Bank. The investment will finance a 110 MW national portfolio of projects across six states, including North Carolina, South Carolina, Maine, Illinois, Virginia and Maryland.
TradeCap Partners closed a $7 million purchase order finance facility for a beauty and wellness company based in Florida. The company designs, manufactures and distributes skincare devices, accessories and topical products.