Capital One Survey: New Tech Essential for Next Economic Cycle

Capital One’s sixth annual survey at SFIG Vegas 2019 found that an overwhelming majority (90%) of survey respondents feel that adopting new technologies will be important to preparing their businesses for the next economic cycle.

Avid Acceptance Completes Warehouse Facility with Capital One

Diversified financial services firm Avid Acceptance completed an asset-backed warehouse facility with Capital One. The facility was established to provide additional liquidity to support the company’s short-term and long-term growth strategies and diversify its funding model.

Capital One Provides Asset-Backed Facility for Avid Acceptance

Capital One has provided an asset-backed warehouse facility for Avid Acceptance. The facility was established to provide additional liquidity to support the company’s short-term and long-term growth strategies and diversify the company’s funding model.

Capital One Arranges Facility to Support Excellere’s Partnership with SePRO

Capital One served as administrative agent and joint lead arranger on a senior secured unitranche facility to support Excellere Partners’ recapitalization in partnership with the founder and management of SePRO. The facility was provided in part by Capital One’s ULTra unitranche loan program.

BofAML, Capital One Arrange New $350MM Facility for INTL FCStone

INTL FCStone amended its existing $262 million senior secured credit facility, increasing the size of the facility to $350 million. Bank of America Merrill Lynch and Capital One acted as joint lead arrangers on the transaction.

Miller Joins Capital One as VP/Treasury Management Consultant

Isabella Miller joined Capital One’s Commercial Bank as a vice president and treasury management consultant. She will report to Frank J. Leone, senior vice president, head of government banking.

Capital One Provides Loan for Seniors Housing Portfolio Acquisition

Capital One provided a bridge loan to Bridge Investment Group Partners for the acquisition of an eight-asset, 1,359-unit seniors housing portfolio from Somerby Senior Living.

Capital One Provides $250MM Facility to Brookdale Senior Living

Capital One served as lead arranger and sole bookrunner on an amended and restated agreement that provided Brookdale Senior Living with a $250 million senior secured revolving credit facility.

Capital One Expands 36th Street Facility to $100MM

36th Street Capital expanded its three-year, expandable senior secured revolving credit facility to $100 million, an increase of $25 million.

Capital One Agents $35MM Revolving LoC for MacStadium

Capital One served as administrative agent and joint lead arranger on a $35 million, five-year revolving line of credit for MacStadium, a provider of dedicated Mac IaaS for Apple app development teams.