Crescent Capital Provides Financing for Arcline’s Acquisition of ChargePoint
Crescent Capital Group’s European specialty lending strategy provided financing in support of Arcline Investment Management’s acquisition of ChargePoint Technology.
Crescent Capital Group’s European specialty lending strategy provided financing in support of Arcline Investment Management’s acquisition of ChargePoint Technology.
CNH Finance recently provided $28.6 million in financing facilities, including a $9.5 million bridge to HUD loan to a skilled nursing facility.
Vireo Health International closed on the first tranche of its previously-announced senior secured, delayed draw term loan with Chicago Atlantic Group, an affiliate of Green Ivy Capital, and a group of lenders.
Faraday Future, a California-headquartered global shared intelligent mobility ecosystem company, raised approximately $100 million in debt financing commitments led by Ares, with existing lender Birch Lake and other lenders joining the debt financing round.
Drip Capital, a fintech provider of cross-border trade finance, and East West Bank closed a $40 million committed credit facility for the expansion of Drip’s trade finance solutions to small and medium-sized businesses.
Crescent Capital Group’s European specialty lending strategy provided a unitranche facility to support the refinancing of DMC Group, a global platform of needlecraft brands and a portfolio company of Lion Capital.
Sallyport Commercial Finance provided a $7 million accounts receivable financing facility to a supplier of high-efficiency solar panels. The client chose the facility over a lower-priced bank line with limitations, according to Sallyport.
Prestige Capital Finance delivered $5 million in working capital to an Arizona-based, audio visual (AV) firm that specializes in designing, building and installing AV systems for auditoriums, corporate boardrooms and classrooms.
Express Trade Capital completed a $9.7 million standby letter of credit (SBLC) facility. The facility fueled a commodity trader’s purchase of petroleum from a Canadian supplier.
TAB Bank provided a $5 million rediscount credit facility for a trucking factoring company based in Michigan.