To refinance existing debt and support the working capital needs of a wireless telecommunication company.
MidFirst Business Credit (MFBC) recently provided a $7 million working capital facility to Orly International, Inc. (“Orly”). Headquartered in Los Angeles, CA, Orly is a manufacturer and wholesaler of ...
Tupperware Brands, an iconic global brand, announced that the Company and certain of its subsidiaries have voluntarily initiated Chapter 11 proceedings in the United States Bankruptcy Court for the ...
AllianceBernstein announced the launch of the AB CarVal Credit Opportunities Fund (ABAYX), an unlisted, closed-end interval fund. The Credit Opportunities Fund seeks to outperform high-yield bonds ...
Viola Credit, a global asset manager focused on providing asset-based lending solutions to the innovation economy, announced a strategic joint venture with Cadma Capital Partners ("Cadma"), an ...
Broker Commission: Connecticut's regulations include provisions for the disclosure of broker commissions, which is not addressed in Kansas's legislation. Signature Requirement: Connecticut requires a ...
White Oak Commercial Finance (“WOCF”), an affiliate of White Oak Global Advisors, announced the hiring of two new executives: Matthew DeBernardo as Managing Director of Originations, and Blake Voyles ...
SG Credit Partners, through its Commercial Finance division, announced its partnership with a multi-generation manufacturer of specialty chemicals. The senior debt investment will provide enhanced ...
EverBank Financial Corp, a bank holding company that conducts its banking operations through its wholly owned subsidiary, EverBank, announced that it has entered into a stock purchase agreement to ...
Stuart Wall, CEO and Co-Founder of Setpoint, a company that is transforming capital markets workflows from outdated manual systems to efficient, automated solutions that sit between borrowers and ...
The transaction includes a $20 million revolver and a $20 million term loan. Proceeds are being used to replace a previous loan while also providing additional liquidity and growth capital with more ...
Serving Asset-Based Lending Decision Makers This financial support will allow the Company to better focus on day-to-day operations and ease cash flow needs as they continue to scale the business.