Midwest Business Capital closed a $30MM revolving line of credit led by Texas Capital. With the new credit facility, Midwest is well-positioned to execute on market opportunities and organic growth of its asset-based lending portfolio.Based in Lisle...
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December 09, 2024, 07:00 AM
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Parafin, a leading innovator in embedded finance, closed a $93M debt facility with Jefferies and Trinity Capital. Their investment has the potential to increase to $187M. The substantial funding from Jefferies and Trinity, both known for their...
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August 29, 2024, 06:00 AM
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BriteCap Financial, a data-driven financial services company dedicated to improving the financial health of America's small businesses, established a new receivable financing facility from funds managed by One William Street Capital Management...
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August 27, 2024, 07:15 AM
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Targeted Lending succesfully closed a $50 million credit facility with Wells Fargo Capital Finance. “The relationship with Wells Fargo supports Targeted Lending’s commitment to providing crucial liquidity to small businesses, particularly at a time...
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January 25, 2024, 07:10 AM
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eCapital closed a $245 million increase to the syndicated bank line supporting its asset-based lending (ABL) group. The upsize brings the total facility size to $815 million. The latest increase follows a $110 million line upsizing completed less...
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January 08, 2024, 07:10 AM
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Great Rock Capital announced the upsize of its leverage facility with KeyBank. The leverage facility, agented by KeyBank, provides over $550 million of capital and includes the recent additions of new lending partners EverBank and Axiom Bank.“We’re...
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January 04, 2024, 07:00 AM
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Haversine Funding announced $35 million in new lender finance loans for the final quarter of 2023. These transactions further underscore Haversine’s commitment to providing comprehensive and tailored solutions to the specialty finance market. These...
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January 02, 2024, 07:22 AM
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Altriarch Specialty Finance Fund, a leading private credit manager based in Charleston, South Carolina, recently provided $43.5 million in committed capital to specialty finance lenders across the U.S. Altriarch offers flexible capital solutions in...
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November 08, 2023, 07:00 AM
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Encina Lender Finance (ELF),closed a $50MM senior secured credit facility for Bright Money, a fintech platform that helps consumers manage their debt.Bill Laird, Head of Risk for ELF’s consumer vertical, said, “We are proud to support Petko Plachkov...
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October 02, 2023, 06:41 AM
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Encina Lender Finance (ELF) closed an inaugural $25,000,000 senior credit facility for Sparrow Financial. Headquartered in Las Vegas, Sparrow is a fintech startup lending to consumers nationwide. Bill Laird, Head of Risk for ELF’s consumer vertical...
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September 25, 2023, 07:00 AM
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Siena Lending Group announced an increase to its senior credit facility with Wells Fargo Capital Finance to $672.5 million to support its continued growth. Siena is a leading independent asset based lending business, supporting middle market...
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February 02, 2023, 06:00 AM
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Bridge Bank announced its Capital Finance Group closed on a $3 million credit facility for Innovative Lease Services Inc., a Carlsbad, California-based provider of commercial equipment financing and leasing services. Innovative Lease Services (ILS)...
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February 01, 2023, 07:22 AM
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