Square 1 Provides $20MM Credit Facility to CIC Partners
Square 1 Bank provided a $20 million credit facility to existing client CIC Partners, a middle-market private equity firm.
Square 1 Bank provided a $20 million credit facility to existing client CIC Partners, a middle-market private equity firm.
Trupanion amended its $30 million loan and security agreement with Pacific Western Bank and Western Alliance Bank to increase the sublimit for ancillary services and letters of credit by $1.5 million.
Square 1 Bank provided a $10.5 million credit facility to new client SparkPost, a cloud email infrastructure provider.
Pacific Western Bank launched a Tax-Exempt Lending Group to be led by new hires Christopher Baron and Daniel Bronfman.
Trupanion, a provider of cat and dog medical insurance, amended its revolving credit facility to increase the maximum borrowing amount from $20 million to $30 million. Bridge Bank joined existing lender Square 1 Bank.
Online lender OnDeck Capital increased its revolving debt facility with Pacific Western Bank from $20 million to $30 million.
Square 1 Bank increased a credit facility for TaskEasy from $2.2 million to $5.5 million. Enhanced Community Development provided $1.65 million in debt financing.
Brett Hewitt joined CapitalSource’s Corporate Asset Finance team as a senior vice president of originations.
Evoke Pharma amended a covenant associated with timing of phase 3 data results under its $4.5 million loan and security agreement with Pacific Western Bank (as successor to Square 1 Bank).
Aratana Therapeutics, a pet therapeutics company focused on the licensing, development and commercialization of innovative biopharmaceutical products for companion animals, announced a $40 million senior secured credit facility with Pacific Western Bank, as agent and lender, and Oxford Finance, as lender.