Tiger Finance Provides $102MM in Financing in Q1/24
Tiger Finance’s lending platform continued to grow in Q1/24, providing $102 million in financing to borrowers in retail and other industries across North America.
Tiger Finance’s lending platform continued to grow in Q1/24, providing $102 million in financing to borrowers in retail and other industries across North America.
Tiger Finance and Merchant Financial Group are partnering to provide $38 million in growth capital to Alpha 6 Distributions, creator of the Arctix winter apparel brand.
Tiger Finance closed a $20 million credit facility for Pilot Wave E-Commerce, a consumer goods subsidiary of Pilot Wave Holdings, which acquires established businesses and implements proprietary analytics to ramp up their performance.
Second Avenue Capital Partners and Tiger Finance closed an $80 million credit facility for Casper Sleep, an omnichannel retailer of sleep products, including mattresses, pillows and other sleep accessories.
Tiger Finance closed on $5.2 million in financing for a private label health and beauty care products company in support of a brand-development program it is undertaking for a national big-box retailer.
CIT Northbridge Credit, as advised by CIT Asset Management, and Tiger Finance arranged up to $47 million in financing for an e-commerce seller of branded consumer products.
Tiger Finance closed on a $13.75 million term loan for Waller, TX-based Laney Directional Drilling, a trenchless construction and engineering firm known for its drilling operations on infrastructure projects.
Tiger Finance closed on $17 million in growth financing for an East Coast industrial real estate investment and development firm.
Tiger Finance closed on $8.2 million in growth financing for Outdoor Adventure Brands (OAB), an e-commerce and retail company known for its Austin Canoe & Kayak stores in Texas and Summit Sports locations in Michigan.
Tiger Finance closed on $15.5 million in debtor-in-possession financing to facilitate the Chapter 11 restructuring of Pennsauken, NJ-based Aluminum Shapes, a manufacturer and distributor of aluminum products.