ABL Revolving Line of Credit Archives

CIT Commercial Services Provides Up to $48MM in Financing to Crown Crafts

First Citizens Bank’s CIT Commercial Services unit provided up to $48 million in financing to Crown Crafts. The financing included a $5 million upsize to a $40 million committed ABL revolving line of credit and a $8 million term loan.

Eclipse Business Capital Provides $101.2MM Senior Secured Credit Facility to Automotive Parts Manufacturer

Eclipse Business Capital provided a $101.2 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan, to an automotive parts manufacturer. The credit facility is secured by accounts receivable, inventory and machinery and equipment.

July 9, 2024 ABL Revolving Line of Credit | Eclipse Business Capital | Senior Secured Credit Facility | term loan Brianna Wilson

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Tag Archives: ABL Revolving Line of Credit

CIT Commercial Services Provides Up to $48MM in Financing to Crown Crafts

Eclipse Business Capital Provides $101.2MM Senior Secured Credit Facility to Automotive Parts Manufacturer