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Horizon Technology Finance Enhances Capital Resources and Increases Capacity via New $100 Million Credit Facility
June 25, 2024Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced that Horizon Funding II, LLC, Horizon’s wholly-owned subsidiary (“HFII”), has closed a $100 million senior secured credit facility led by a large U.S. based insurance company pursuant to which HFII may issue up to $100 million of secured notes.
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West Marine Announces New $150 Million Credit Facility from Eclipse Business Capital to Support Operating Strategy and Long-term Growth
June 25, 2024West Marine and certain of its affiliates ("West Marine" or the "Company"), the nation's leading omnichannel provider in the marine aftermarket, announced today that it has entered into a new $150 million credit facility from asset-based lender (ABL) Eclipse Business Capital.
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Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona
June 25, 2024Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona. Construction of the 1,200 MWh Papago Storage is slated to commence in the third quarter of 2024, with commercial operations expected to begin in the second quarter of 2025.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Culain Capital Announces $5 Million Accounts Receivable Financing Facility for Plastic Injection Molding Service Company
June 24, 2024Culain Capital Funding is pleased to announce the successful funding of a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.
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Mark Forrest Hired as SVP of Asset-Based Lending at Citizens
June 24, 2024Mark Forrest has joined Citizens as a senior vice president on our asset-based lending team to bring additional local focus and expertise as we continue to grow our presence in the Midwest and West regions. He will serve as a trusted advisor delivering best-in-class advice and insights to help our clients achieve their goals.
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Celestica Amends and Upsizes Credit Facility
June 24, 2024Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, has amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility to $1.5 billion (“Amended Facility”) to support continuing growth.
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IDB Bank Arranges $201.5 Million in Financing for 21-SNF Portfolio
June 24, 2024New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Carolina and Texas.
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NeueHealth Secures up to $150 Million in New Term Loan Facility with Hercules Capital
June 24, 2024NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it entered into a secured loan facility for up to $150 million with Hercules Capital, Inc. (NYSE: HTGC) ("Hercules").
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Horizon Technology Finance Enhances Capital Resources and Increases Capacity via New $100 Million Credit Facility
June 25, 2024Horizon Technology Finance Corporation (NASDAQ: HRZN) (“Horizon” or the “Company”), an affiliate of Monroe Capital, and a leading specialty finance company that provides capital in the form of secured loans to venture capital-backed companies in the technology, life science, healthcare information and services, and sustainability industries, today announced that Horizon Funding II, LLC, Horizon’s wholly-owned subsidiary (“HFII”), has closed a $100 million senior secured credit facility led by a large U.S. based insurance company pursuant to which HFII may issue up to $100 million of secured notes.
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West Marine Announces New $150 Million Credit Facility from Eclipse Business Capital to Support Operating Strategy and Long-term Growth
June 25, 2024West Marine and certain of its affiliates ("West Marine" or the "Company"), the nation's leading omnichannel provider in the marine aftermarket, announced today that it has entered into a new $150 million credit facility from asset-based lender (ABL) Eclipse Business Capital.
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Recurrent Energy Closes $513 Million in Financing for 1,200 MWh Energy Storage Project in Arizona
June 25, 2024Recurrent Energy, a subsidiary of Canadian Solar Inc. (“Canadian Solar”) (NASDAQ: CSIQ) and a global developer, owner, and operator of solar and energy storage assets, today announced it has secured $513 million in project financing for its landmark Papago Storage project located in Maricopa County, Arizona. Construction of the 1,200 MWh Papago Storage is slated to commence in the third quarter of 2024, with commercial operations expected to begin in the second quarter of 2025.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024
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Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 25, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
-
Gateway Trade Funding Completes 24 Stretch Finance Transactions Totaling More Than $5,300,000
June 24, 2024Gateway Trade Funding, a PO and Stretch Financing company, is pleased to announce that we have recently completed the following stretch finance transactions and a $150,000 facility for a Canadian shelving company; a $250,000 facility for a US logistics company and $75,000 facility for a Canadian commercial and residential company.
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Culain Capital Announces $5 Million Accounts Receivable Financing Facility for Plastic Injection Molding Service Company
June 24, 2024Culain Capital Funding is pleased to announce the successful funding of a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.
-
Mark Forrest Hired as SVP of Asset-Based Lending at Citizens
June 24, 2024Mark Forrest has joined Citizens as a senior vice president on our asset-based lending team to bring additional local focus and expertise as we continue to grow our presence in the Midwest and West regions. He will serve as a trusted advisor delivering best-in-class advice and insights to help our clients achieve their goals.
-
Celestica Amends and Upsizes Credit Facility
June 24, 2024Celestica Inc. (TSX: CLS) (NYSE: CLS), a leader in design, manufacturing, hardware platform and supply chain solutions for the world’s most innovative companies, has amended its existing senior secured credit agreement (“Existing Facility”)*, with an upsizing of the total facility to $1.5 billion (“Amended Facility”) to support continuing growth.
-
IDB Bank Arranges $201.5 Million in Financing for 21-SNF Portfolio
June 24, 2024New York-based IDB Bank has arranged a $201.5 million bridge-to-HUD loan for an unnamed operator of 21 skilled nursing facilities with locations in Georgia, Michigan, North Carolina and Texas.
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NeueHealth Secures up to $150 Million in New Term Loan Facility with Hercules Capital
June 24, 2024NeueHealth, Inc. (“NeueHealth” or the “Company”) (NYSE: NEUE), the value-driven healthcare company, today announced that it entered into a secured loan facility for up to $150 million with Hercules Capital, Inc. (NYSE: HTGC) ("Hercules").
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