WFCF Provides Facility to Rise Line Business Credit
Rise Line Business Credit completed a revolving leverage facility with Wells Fargo Capital Finance.
Rise Line Business Credit completed a revolving leverage facility with Wells Fargo Capital Finance.
Tree Island Steel renewed its five year senior secured revolving facility with Wells Fargo Capital Finance, increasing the facility to $80 million with a $60 million revolver and a $20 million term loan.
Wells Fargo Capital Finance launched a Middle Market Asset-Based Lending Group and tapped Kevin Gillespie to lead the new division.
Sportsman’s Warehouse Holdings amended its existing credit agreement to increase the borrowing capacity by $100 million to $250 million, subject to a borrowing base calculation and to provide for a new $40 million term loan.
Wells Fargo Capital Finance closed a $17 million secured credit facility for Lone Oak Payroll and its partner, Tempworks Software.
Troubled trucking group Celadon will refinance its existing credit agreement, including a new $100 million revolving credit facility provided by Bank of America Business Capital and Wells Fargo Capital Finance.
Great Rock Capital closed a leverage facility with Wells Fargo Capital Finance.
H&E Equipment Services amended, extended and restated its existing $602.5 million senior secured credit facility with administrative agent Wells Fargo Capital Finance.
Correction: Wells Fargo Capital Finance agented Lands’ End’s new $175 million ABL revolving credit facility, which matures in November 2022,
PNC Business Credit appointed Patrick Mercieca and Felicia Leksono to its senior secured financing teams in Toronto and Pittsburgh, respectively.