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News
Vireo Growth Enters Asset-Based Credit Facility with BMO
1+ mon, 3+ day ago (286+ words) ABF Journal Certain of Vireo Growthâs indirect non-cannabis subsidiaries have entered into a senior secured asset-based revolving credit facility providing a $65 million initial commitment, expandable to $85 million and further to $105 million through a $20 million accordion feature, subject to customary…...
Republic Business Credit Provides $2MM E-Commerce ABL Facility to Emerging Retailer
2+ mon, 1+ week ago (266+ words) Republic Business Credit funded a $2 million e-commerce asset-based lending facility for an Amazon third-party seller of consumer goods. The facility includes an accordion loan feature up to $5 million, providing the scalable capital to support the independent merchant’s growth trajectory without…...
Siena Lending Group Agents $175MM Credit Facility for Phillips Pet Food and Supplies
4+ mon, 15+ hour ago (352+ words) ABF Journal Siena Lending Group Agents $175MM Credit Facility for Phillips Pet Food and Supplies Siena Lending Group, as administrative and co-collateral agent, will be holding $105 million of the facility. Siena Lending Group, a provider of asset-based credit solutions, served as…...
Buyerlink Secures $40MM Senior Secured Credit Facility with California Bank & Trust
4+ mon, 1+ week ago (185+ words) ABF Journal Buyerlink, an online auction marketplace for performance-based marketing, secured a $40 million senior secured credit facility with Zions Bancorporation, dba California Bank & Trust (CB&T). “This financing provides additional balance sheet flexibility and supports our long-term growth strategy,” Payam Zamani,…...