Tagged: facility

May 29, 2020 @ 3:17 pm By Samantha Hurst  |  

  Standard Chartered, a UK-based multinational banking and financial services company with $688 billion in assets, announced earlier this week it completed its first-ever sustainable use of proceeds subscription finance facility. According to Standard Chartered, funds will be drawn by the manager and will be… Read More

April 24, 2018 @ 11:50 am By Samantha Hurst  |  

Online lending platform for small business OnDeck announced last week the closing of a $100 million asset-backed revolving credit facility with Pioneers Gate LLC, a lending vehicle of a life insurance company managed by 20 Gates Management. According to OnDeck, the new facility provides the longest revolving funding… Read More

November 17, 2017 @ 3:39 pm By Samantha Hurst  |  

Kabbage Inc., a global financial services, technology and data platform serving small businesses, announced on Thursday its new $200 million asset-backed revolving credit facility with Credit Suisse, a global financial institution. This news comes less than a month after Kabbage announced it and ING were extending… Read More