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MidCap Financial Closes $20 Million Senior Secured Credit Facility to Wizeline
June 24, 2024MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $20.0mm senior secured credit facility to Wizeline, Inc. (“Wizeline” or “Company”). Proceeds from the credit facility will support Wizeline’s growth and ongoing working capital needs.
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Encina Lender Finance Hires Structured Credit Industry Veteran Geoff Beard as Co-CEO to Lead Consumer/SMB Vertical
June 24, 2024Encina Lender Finance, LLC (“ELF”) announced today that it has hired structured credit industry veteran Geoff Beard as Co-CEO to lead the firm’s Consumer/SMB Vertical. Mr. Beard will work in partnership with Co-CEO Edward Chang, who will lead ELF’s Commercial Vertical, and will be opening a new office in San Francisco that will provide the firm with a presence on both coasts.
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Stonebriar Commercial Finance Closes CAD$130 Million Term Loan for a Leading Provider of Specialty Industrial and Environmental Services
June 24, 2024Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a seven-year CAD$130 million term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. The loan, part of a leveraged buyout, is secured by all fixed assets of the company.
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Gibraltar Business Capital Provides Asset-Based Revolver to a Family Office-Owned Inspection and Testing Solutions Provider
June 24, 2024Aegeus Group has over 40 years of experience in advanced non-destructive testing, inspection, engineering, and staff augmentation solutions. The company serves diverse markets, including oil & gas, power, renewable energy, defense and aerospace, civil and building infrastructure, food and beverage, and other manufacturing companies.
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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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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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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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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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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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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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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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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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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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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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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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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: a $150,000 facility for a Canadian shelving company a $250,000 facility for a US logistics company and a $75,000 facility for a Canadian commercial and residential company.
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Ribbon Communications Inc. Announces Closing of New $385 Million Senior Secured Credit Facility
June 24, 2024Ribbon Communications Inc. (Nasdaq: RBBN) ("Ribbon"), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has completed the previously announced $385 million senior secured credit facility.
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RSM US Middle Market Business Index Strengthens, Reflecting Stable Business Conditions
June 24, 2024The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, rose to 132.0 in the second quarter from 130.7 in the prior period on a seasonally adjusted basis. The MMBI survey results reflect a sustained business expansion characterized by historically low unemployment, strong household consumption and robust business revenues.
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HSBC appoints Danielle Johnson as Global Head of Institutional Client Group
June 24, 2024HSBC today announced that Danielle Johnson has been appointed Global Head of Institutional Client Group (ICG) within the Global Banking and Markets. In this role, she will be responsible for strengthening the coverage of institutional clients, particularly Western headquartered clients, who conduct business globally.
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K92 Mining Announces Upsized Senior Secured Credit Facilities of Up to US$150 Million and Offtake Agreement with Trafigura
June 24, 2024K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB: KNTNF) is pleased to announce that K92 and its Papua New Guinea subsidiary, K92 Mining Limited (“K92 PNG”), have entered into two separate credit facilities (the “Credit Facilities” and individually the “Canadian Credit Facility” and the “PNG Credit Facility”, respectively) with Trafigura Pte Ltd (“Trafigura”).
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MidCap Financial Closes $20 Million Senior Secured Credit Facility to Wizeline
June 24, 2024MidCap Financial, a leading commercial finance company focused on middle market transactions, today announced it has provided a $20.0mm senior secured credit facility to Wizeline, Inc. (“Wizeline” or “Company”). Proceeds from the credit facility will support Wizeline’s growth and ongoing working capital needs.
-
Encina Lender Finance Hires Structured Credit Industry Veteran Geoff Beard as Co-CEO to Lead Consumer/SMB Vertical
June 24, 2024Encina Lender Finance, LLC (“ELF”) announced today that it has hired structured credit industry veteran Geoff Beard as Co-CEO to lead the firm’s Consumer/SMB Vertical. Mr. Beard will work in partnership with Co-CEO Edward Chang, who will lead ELF’s Commercial Vertical, and will be opening a new office in San Francisco that will provide the firm with a presence on both coasts.
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Stonebriar Commercial Finance Closes CAD$130 Million Term Loan for a Leading Provider of Specialty Industrial and Environmental Services
June 24, 2024Stonebriar Commercial Finance (“Stonebriar”) today announced the closing of a seven-year CAD$130 million term loan for a leading provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets. The loan, part of a leveraged buyout, is secured by all fixed assets of the company.
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Gibraltar Business Capital Provides Asset-Based Revolver to a Family Office-Owned Inspection and Testing Solutions Provider
June 24, 2024Aegeus Group has over 40 years of experience in advanced non-destructive testing, inspection, engineering, and staff augmentation solutions. The company serves diverse markets, including oil & gas, power, renewable energy, defense and aerospace, civil and building infrastructure, food and beverage, and other manufacturing companies.
-
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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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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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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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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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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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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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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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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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.
-
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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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.
-
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: a $150,000 facility for a Canadian shelving company a $250,000 facility for a US logistics company and a $75,000 facility for a Canadian commercial and residential company.
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Ribbon Communications Inc. Announces Closing of New $385 Million Senior Secured Credit Facility
June 24, 2024Ribbon Communications Inc. (Nasdaq: RBBN) ("Ribbon"), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced that it has completed the previously announced $385 million senior secured credit facility.
-
RSM US Middle Market Business Index Strengthens, Reflecting Stable Business Conditions
June 24, 2024The RSM US Middle Market Business Index (MMBI), presented by RSM US LLP ("RSM") in partnership with the U.S. Chamber of Commerce, rose to 132.0 in the second quarter from 130.7 in the prior period on a seasonally adjusted basis. The MMBI survey results reflect a sustained business expansion characterized by historically low unemployment, strong household consumption and robust business revenues.
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HSBC appoints Danielle Johnson as Global Head of Institutional Client Group
June 24, 2024HSBC today announced that Danielle Johnson has been appointed Global Head of Institutional Client Group (ICG) within the Global Banking and Markets. In this role, she will be responsible for strengthening the coverage of institutional clients, particularly Western headquartered clients, who conduct business globally.
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K92 Mining Announces Upsized Senior Secured Credit Facilities of Up to US$150 Million and Offtake Agreement with Trafigura
June 24, 2024K92 Mining Inc. (“K92” or the “Company”) (TSX: KNT; OTCQB: KNTNF) is pleased to announce that K92 and its Papua New Guinea subsidiary, K92 Mining Limited (“K92 PNG”), have entered into two separate credit facilities (the “Credit Facilities” and individually the “Canadian Credit Facility” and the “PNG Credit Facility”, respectively) with Trafigura Pte Ltd (“Trafigura”).
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