- Unifrax Obtains Committed Debt Financing from J.P. Morgan Led Consortium to Support Clearlake Capital-Backed Acquisition of Lydall, Inc.
- nFusion Capital Expands Lending Capacity with New $75MM Line of Credit
- Trinseo Announces Completion of Transaction to Refinance $660 Million 2024 Term Loan and $385 Million of 2025 Senior Notes
- Autoliv Secures $125 Million Revolving Credit Facility
- Health Catalyst Announces New Credit Facility for up to $225,000,000
Fast Pay Partners, A Wholly Owned Subsidiary of SLR Business Credit, Provides $30MM Working Capital Facility to Premier Digital Publisher
August 24, 2021
Source: SLR Business Credit
The Company: A digital publishing company that has scaled organically and expanded by acquiring print magazines and digital websites to extend their reach to over 150 million monthly readers.
The Financing Situation: The Company was experiencing rapid growth and wanted to secure a non-dilutive credit facility to refinance their incumbent lender for more flexibility and availability, help finance working capital, and to reinvest in recently acquired properties.
The Solution: SLR-BC/FastPay was able to help the Company achieve their goal. The Company's quality Accounts Receivable debtors, projected growth supported by a strong pipeline and blue-chip equity holders was the reason we were able to meet their request. SLR-BC/FastPay closed the transaction within 6 weeks of a signed term sheet.
About Us: SLR Business Credit/FastPay is a leading asset-based lending commercial finance company that specializes in making senior secured asset-based loans and factoring to small and medium-sized companies with borrowing needs of $100,000 up to $100 million. For more information, please visit SLRBusinessCredit.com or GoFastPay.comIn This Section