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Gerber Finance Closes New Deal Under its Naturally Gerber Division
Gerber Finance, an eCapital company and leading finance partner for companies experiencing accelerated growth, today announced it closed a $6MM line of credit to natural products company, Puracy, a plant-based personal care and cleaning products company. The deal was managed under the Naturally Gerber Finance division, which works with companies within the fast-growing natural products space, from clean label, organic and non-GMO products, to sustainable design and packaging.
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Vivint Smart Home Successfully Completes Refinancing Transactions
Vivint also announced that, concurrently with the Notes offering, the Issuer refinanced its existing credit facilities with (i) a new $1,350.0 million first lien senior secured term loan facility maturing in 2028 (the “New Senior Secured Term Loan Facility”) and (ii) a new $370.0 million senior secured revolving credit facility maturing in 2026 (the “New Senior Secured Revolving Credit Facility” and, together with the New Senior Secured Term Loan facility, the “New Senior Secured Credit Facilities”), with lenders party thereto and Bank of America, N.A. as a lender, administrative agent and collateral agent.
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CIT to Acquire Mutual of Omaha Bank
Enhances and diversifies CIT’s funding profile with Mutual of Omaha Bank’s market-leading homeowners association banking business, a source of scalable lower-cost deposits. Extends middle market commercial banking capabilities with expanded products, technology solutions and geographic footprint, Advances strategic plan and accelerates shareholder value creation.
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Welcome to The Secured Lender’s Sixth Women in Secured Finance issue.
Rising Together. This concept serves as both the theme for this month’s issue and SFNet’s upcoming online conference Women in Secured Finance: Where Women Rise.
During this challenging time, it’s more important than ever to highlight and celebrate the contributions and accomplishments of women in our industry. Statistics show that the pandemic has had serious effects on women in the workplace, as we struggle with added pressures on the job, increased unemployment and increasingly challenging caregiving responsibilities.
The Secured Lender
SFNet's The Women in Secured Finance Issue
