AloStar Capital Finance agented a $20 million committed credit facility for Kimco Facility Services, a national provider of cleaning services for the commercial, retail, industrial, municipal and hospitality industries.
Randy Lederman, a veteran corporate finance and business development specialist, was named business development director of AloStar Capital Finance with responsibility for the New York City region.
AloStar provided a $15 million committed credit facility to a comprehensive commercial refrigeration and HVAC solutions provider servicing the food industry.
AloStar provided additional senior capital to FLOCK Specialty Finance as part of a major upgrade to its senior revolving credit facility agented by The PrivateBank.
AloStar served as agent for a multibank revolving credit facility for Heritage Holdco, a national distributor of wholesale sports apparel.
AloStar recently provided a $20 million revolving commitment to Atlanticus Funding IV, a subsidiary of Atlanticus Holdings, which invests in companies in the financial services sector.