Eclipse Business Capital Provides $125MM DIP Revolving Credit Facility to Mattress Manufacturer
Eclipse Business Capital (EBC) financed a $125 million senior secured debtor-in-possession revolving credit facility to a mattress manufacturer.
Eclipse Business Capital (EBC) financed a $125 million senior secured debtor-in-possession revolving credit facility to a mattress manufacturer.
Eclipse Business Capital provided a $28.5 million senior secured credit facility to support the acquisition of a flooring products distributor. The transaction included a $25 million revolving line of credit and a $3.5 million machinery and equipment term loan.
Kate Madine has joined Eclipse Business Capital (EBC) as a managing director.
Eclipse Business Capital provided a $200 million senior secured revolving credit facility to a provider of products to the petrochemical industry.
Eclipse Business Capital (EBC) provided a $40 million M&E term loan facility to an existing customer in the steel industry. In conjunction with the term loan, EBC increased the company’s revolving credit facility by $25 million from $125 million to $150 million.
Eclipse Business Capital provided a $100 million senior secured revolving credit facility to BJ Energy Solutions.
Marty Battaglia may be in what he calls the “twilight of his career,” but what a career it has been. Currently focusing on strategic planning for Eclipse Business Capital, Battaglia has spent 40 years building asset-based lending groups.
Eclipse Business Capital provided a $10 million senior secured revolving credit facility in the automotive marketing industry.
Adrian Watson joined Eclipse Business Capital as a managing director. Watson joined Eclipse Business Capital from JPMorgan Chase, where he was a senior underwriter in asset-based lending.
TPC Group, a provider of products to chemical and petroleum-based companies, voluntarily filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.