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Calumet increases Bank of America-led ABL by US$100m to...

US specialty-products and renewable-fuels producer Calumet has increased its asset-based revolving credit facility by US$100m to US$600m, linking the additional borrowing capacity directly to higher commodity prices and receivables. The amended facility remains subject to borrowing-base limitations and matures in...

#ABL#asset based lending#Bank of America

Sysco adds US$750m CoBank delayed-draw term loan for JRD...

Sysco has added a US$750m senior unsecured delayed-draw term loan to its financing package, giving the food distribution group another…

#acquisition finance#Bank of America#CoBank


IDEX extends US$800m revolving credit facility to 2031 with...

IDEX Corporation has extended the maturity of its US$800m revolving credit facility to September 2031, giving the US industrial group…

#Bank of America#corporate liquidity#IDEX Corporation


Concrete Pumping Holdings expands ABL facility to US$350m

Concrete Pumping Holdings, Inc. ("the Company"), a leading provider of concrete pumping and concrete waste management services in the U.S.…

#ABL#asset based lending#Bank of America


S&T Bank names new Managing Director of ABL business

S&T Bank has announced that they have a hired Eric Huff as a new managing director of asset-based lending. Huff’s main…

#bank#Bank of America#financial services


Mountain Ridge Funding launches factoring platform Alpine Ridge Funding

Mountain Ridge Funding, a specialist of asset-based lending and term loans to middle-market businesses, launches officially its factoring company Alpine…

#bank#Bank of America#commercial finance


Wells Fargo Commercial Banking names Bans head of Middle...

Wells Fargo Commercial Banking has announced Bobby Bans as head of Middle Market Asset-Based Lending ... (more…)

#bank#Bank of America#financial services


Flux Power closes new US$15m credit facility with Gibraltar...

Flux Power Holdings, Inc. (Flux Power), a developer of advanced lithium-ion energy storage solutions for... (more…)

#Bank of America#Gibraltar Business Capital#Silicon Valley Bank


Corcentric secures new ABL and term loan facility amounting...

Corcentric, a leading global provider of procurement and finance solutions, has announced it secured a new US$315m senior credit facility.…

#Bank of America#Corcentric


Marco Polo declared insolvent with €5.2m debts

The High Court of Ireland appointed yesterday insolvency practitioners Ken Fennell and Andrew O'Leary of Interpath Advisory Services as provisional…

#Bank of America#blockchain#Marco Polo


US ABL provider extends and expands its financing line...

Gibraltar Business Capital (GBG), an industry leader in asset-based lending... (more…)

#asset-based lender#bank#Bank of America


US retailer emerges from bankruptcy with new owner, secures...

US retailer J Crew has emerged from Chapter 11 bankruptcy... (more…)

#bank#Bank of America#e-commerce

Bank of America agents extended factoring and ABL facilities...

Cooper Standard announced that it has further enhanced its financial liquidity position through the... (more…)

#Bank of America

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