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credit facility

Billd secures US$100m credit line to tackle subcontractor cash-flow...

Billd has secured a US$100m credit facility from Victory Park Capital (VPC) to expand working-capital financing for US commercial construction subcontractors, a segment frequently exposed to cash-flow pressure between paying suppliers and workers and receiving payment from main contractors. The...

#asset-backed finance#Billd#construction finance

Vital Infrastructure replaces C$370m secured line with C$500m unsecured...

Vital Infrastructure Property Trust has replaced its C$370m secured credit facility with a C$500m senior unsecured bank line, increasing corporate…

#Bank of Nova Scotia#corporate finance#credit facility


Perma-Pipe consolidates global credit into US$89m JPMorgan facility with...

Perma-Pipe International Holdings has consolidated multiple financing arrangements across its international operations into a single JPMorgan-led structure, establishing US$89m of…

#accordion facility#credit facility#global banking


NewPower raises committed credit facility 50% to US$750m for...

Electronics distributor NewPower Worldwide has expanded its committed credit facility by 50% to US$750m, giving the company another US$250m of…

#Citizens#corporate finance#credit facility


Natural secures US$100m Upper90 line to fund payments made...

Payments infrastructure company Natural has secured a credit facility of up to US$100m from Upper90 Capital Management, adding institutional debt…

#AI agents#credit facility#embedded finance


Flexential secures US$800m bank facility to fund 130MW data-centre...

Flexential has established a US$800m credit facility backed by an 11-bank syndicate to finance more than 130MW of new data-centre…

#credit facility#data centres#Flexential


SACP expands credit facility to US$700m with HBC

Second Avenue Capital Partners (SACP), a leading provider of asset-based lending solutions, has expanded its existing credit facility with Huntington…

#asset based lending#credit facility#Hungtington Business Credit


Funding Circle secures £230m from Citi to expand SME...

Funding Circle, the UK’s leading small and medium-sized enterprise (SME) finance platform, has secured a £230m credit facility from Citi,…

#Citi#credit facility#Dipesh Mehta

TAB Bank delivers US$27.8m funding to support leading US...

TAB Bank has provided US$27.8m credit facility to a leading manufacturer of aluminum extrusions based in southern California to support…

#Brett Horwitz#credit facility#sme finance

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