B. Riley Commercial Capital Amends Securitization Facility with Excela to $185MM
Exela Technologies obtained $51 million of new funding through a combination of an amendment of the company’s existing securitization facility to permit the addition of $35 million of junior secured financing, a separate sale of receivables and an increase in availability under a revolving line of credit.
March 3, 2023
B. Riley Commercial Capital | Exela Technologies
Ian Koplin