Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • Articles & Insights
    • Resolving MCA Distress
    • Resolving Business Distress
  • Recruiting
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • Articles & Insights
    • Resolving MCA Distress
    • Resolving Business Distress
  • Recruiting
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

SVB Closes $20MM Facility with Orchestra BioMed

bynadine
December 16, 2019
in News

Orchestra BioMed has entered into a $20 million credit facility agreement with Silicon Valley Bank.

This agreement provides up to $20 million of new capital to the company for development and general corporate purposes, with an initial up to $10 million draw available at Orchestra BioMed’s sole option during the next 12 months and the remainder available following the completion of certain milestones.

The new $20 million credit facility adds to the capital resources available to Orchestra BioMed to accelerate product pipeline development and advance partnerships following the company’s completion of a $34 million financing in July 2019.

“The terms of the $20 million credit facility demonstrate SVB’s appreciation of our products and business model and a desire to forge a partnership with Orchestra BioMed to help support our future growth,” said David Hochman, chairman, CEO and founder of Orchestra BioMed. “We are excited about this creative lending solution that enhances an already strong capital position and bolsters our ability to optimize future pipeline opportunities.”_x000D_

Orchestra BioMed is a biomedical innovation company providing high-impact solutions for large unmet needs in procedure-based medicine.

Previous Post

Wells Fargo Names Carr Controller

Next Post

NBF, BMO Lead Pipestone Energy $225MM Facility

Related Posts

Deal Announcements

Mountain Ridge Capital Provides $44MM Credit Facility to E-Commerce Outdoor Gear Retailer

November 5, 2026
Austin Financial Services Welcomes Wilson as Senior Business Development Officer
News

Austin Financial Services Welcomes Wilson as Senior Business Development Officer

November 5, 2026
News

Crescent Capital Group Prices $406.9MM Collateralized Loan Obligation

November 5, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
News

Sage Intacct Consulting Practice to Combine with EisnerAmper

November 5, 2026
Deal Announcements

Sallyport Capital Finance Provides $2MM Accounts Receivable Factoring Facility for Manufacturer

November 5, 2026
Advanced Power Closes $100M Corporate Credit Facility
News

Latham Promotes 70 Associates to Counsel

November 5, 2026
Next Post

NBF, BMO Lead Pipestone Energy $225MM Facility

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Protected: test Looking beyond the personal credit score

Looking beyond the personal credit score

October 27, 2026

Higher Rates, Steady Fundamentals: BMO’s Jon Biorkman on ABL in the Middle Market

October 23, 2026

Why Venture Debt Defies Broad Labels

October 14, 2026

Sponsors Turn Debt Into Distributions: How Leveraged Loan Recaps Became Private Equity’s Exit Substitute

October 23, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • Articles & Insights
    • Resolving MCA Distress
    • Resolving Business Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Molloy Associates
    • Molloy Associates Senior Asset Based Lending Originator Location: Remote
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years