Tagged: facility

April 30, 2021 @ 10:23 am By Samantha Hurst  |  

Private lending syndication platform CrowdOut Capital recently announced it closed a $20 million facility to Lane Gate Advisors.  Founded in 2015, CrowdOut claims it offers middle market and lower middle market companies ($10MM+ revenue) a better way to raise debt. The company noted it partners… Read More

March 31, 2021 @ 3:34 pm By Samantha Hurst  |  

  BBVA announced on Tuesday it has signed a €1.35 billion sustainable linked guarantee facility with financial tool Enel Group. According to BBVA, the facility is the largest by valued signed by Enel to date. “The economic conditions of this guarantee facility are linked to… Read More

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