CFA's Entrepreneuerial  Finance & Factoring Conference

May 2, 2011
Click here to access the latest issue of TSL online

The Secured Lender's April 2011  issue

Welcome to TSL's Deal Alert! The following industry-related deals were compiled from TSL Express. Deals are listed in alphabetical order by company.

If you'd like your deals included here, or have any questions, please contact tslexpress@cfa.com.

The next TSL Deal Alert is scheduled for the first week of June.

Deal Size
Borrower Details
Notes

Aileron Capital Management, LLC

$1.9M
Acquisition and renovation of a 60-bed assisted living facility, Lakeland, FL
SBA 504 Loan
Ares Capital Corporation
$536.7M
N/A
Senior Secured Loan Program from Ares and an affiliate of GE Capital
Ashford Finance
$2.5M
iPad, iPod and iPod Touch accessory provider, California
N/A
Briar Capital
$4M
Distributor of energy/industrial products, Texas
Accounts receivable and inventory facility
CapitalOne Leverage Finance Corp.
$27M
Center Manufacturing, Inc., a portfolio company of Industrial Opportunity Partners
Revolving credit and term loan facility
CapitalPartners Leasing
$31,000
Transportation company, Alabama
N/A
$8,500
Transportation company, Alabama
N/A
CapitalSource
$10M
Priority One Security, Greensville, SC
Three-year revolving loan
Celtic Capital
$2.2M
Wholesale lumber distributor, Phoenix, AZ
Accounts receivable and inventory facility
$675,000
Printing company,
Monterey Park, CA
$500,000 A/R line and a $175,000 equipment loan
$3,012,500

Plastic extrusion company, Becker, MN

Accounts receivable and inventory line and equipment loan
Concord Financial Advisors, LLC
$2M
Packaging manufacturer, Arkansas
Senior secured SBA 7(a) term loan
Crestmark's Baton Rouge, LA office
$750,000
Oil well service provider, Texas
N/A
$1M
Engineering services company, Virginia
N/A
$2.5M
Oil and gas field service company, Texas
N/A
$750,000
Water delivery company, Texas
N/A
Crestmark's Hoboken, NJ office
N/A
Designer of women's apparel, Washington
Funds as collected arrangement
N/A
North Carolina manufacturer of casual furniture
Funds as collected arrangement
N/A
North Carolina manufacturer of designer furniture
Funds as collected arrangement
Crestmark's Troy, MI office
$250,000
Scrap metal provider, Michigan
N/A
$5M
Producer of automobile materials, Michigan
N/A
$2M
Integrated media management services company, California
N/A
$2M
Wholesale metal distributor, Michigan
N/A
$150,000
Provider of paratransit services, Michigan
N/A
$500,000
Engineering staffing company, Michigan
N/A
$500,000
Manufacturer of aircraft tooling, Michigan
N/A
$500,000
IT services provider, Virginia
N/A
$1M
Manufacturer of rivets, Michigan
N/A
$500,000
Ink manufacturer and distributor, Illinois
N/A
$250,000
Distributor of wire harnesses, Michigan
N/A
$500,000
Staffing company providing automotive engineers, Michigan
N/A
$1.25M
Rehabilitation services provider, California
N/A
$185,000
Local transportation provider, Michigan
N/A
$2M
Producer of personal care products, California
N/A
N/A
Importer of beach and resort wear, Florida
Funds as collected arrangement
$500,000
Staffing company providing light industrial and clerical positions, California
N/A
$250,000
Distributor of industrial tools and supplies, Virginia
N/A
$1.5M
Distributor of biodegradable bags and films, Florida
N/A
Diamond Business Credit
$600,000
Commercial printing company
Asset-based revolving line of credit
Doral Healthcare Finance
$2M
Rehab Alternatives (RA),
Jericho, NY
Revolving line of credit
Federal National Payables
$2M
8(a) Veteran-Owned Small Business
N/A
$2M
Provider of management and consulting solutions to support the company's turnaround strategy
N/A
$2M
Start-up provider of guard services
N/A
$1.4M
Start-up, special forces training provider, supporting the firm's rapid growth
N/A
$500,000
Boutique management and technology consulting firm
N/A
$300,000
Provider of conference management and staff augmentation services
N/A
$250,000
Information technology and business consulting firm
N/A
$200,000
Information systems and technical services firm
N/A
$200,000
Provider of technical assistance and training services
N/A
$200,000
Early stage cyber security services provider
N/A
$100,000
Start-up federal contractor
N/A
$100,000
Provider of temporary housing
N/A
First Business Capital Corp.
$9.5M
Ohio manufacturer of retail displays
Revolving line of credit
$5M
Distributor of audio/video products, Indiana
Revolving line of credit
First Capital
$5M
Company that distributes and installs flooring in the Southeast
Asset-based lending working capital facility
$6M
Distributor of high-end imported home furnishings and accessories
Working capital line of credit
$8M
Contract manufacturing and design services company involving electronics and electro mechanical assemblies
Asset-based lending working capital facility
GE Capital, Corporate Finance
$750M
RG Steel, LLC, a flat-rolled steel producer and wholly owned subsidiary of The Renco Group, Inc.
Asset-based credit facility
$145M
Vigor Industrial LLC, a ship building and repair company, Portland, OR
Cash flow-based credit facility
JD Factors
$100,000
Transportation company, Oklahoma
Factoring facility
$50,000
Transportation company, Ontario, Canada
Factoring facility
$3M
Transportation company, Quebec, Canada
Factoring facility
$1.5M
Transportation company, Quebec, Canada
Factoring facility
$50,000
Transportation company, Ontario, Canada
Factoring facility
$150,000
Transportation company, Arkansas
Factoring facility
$50,000
Transportation company, Ontario, Canada
Factoring facility
$500,000
Transportation company, Ontario, Canada
Factoring facility
$2M

Transportation company,
Texas

Factoring facility
$50,000
Towing and transportation company, Delaware
Factoring facility
$750,000
Transportation company, Illinois
Factoring facility
$100,000
Transportation company, Ontario, Canada
Factoring facility
$150,000
Transportation company, Ontario, Canada
Factoring facility
$300,000
Manufacturing company, Illinois
Factoring facility
$150,000
Transportation company, Ontario, Canada
Factoring facility
$250,000
Transportation company, Illinois
Factoring facility
$150,000
Transportation company, Ontario, Canada
Factoring facility
$150,000
Transportation company, Ontario, Canada
Factoring facility
$250,000
Transportation company, Illinois
Factoring facility
$150,000
Transportation company, Ontario, Canada
Factoring facility
$175,000
Transportation company, Montana
Factoring facility
$150,000
Transportation company, Ontario, Canada
Factoring facility
$100,000
Transportation company, Ontario, Canada
Factoring facility
$400,000
Communications company, Maryland
Factoring facility
$100,000
Transportation company, Ontario, Canada
Factoring facility
$300,000
Transportation company, Ontario, Canada
Factoring facility
$1M
Consulting company, Kansas
Factoring facility
Liquid Capital Corp.
$75,000
Company that provides environmentally friendly industrial parts cleaning solutions and products
Factoring credit facility
$300,000

Company that provides
oilfield hauling

Factoring credit facility
$50,000
Company that provides medical assessments to private insurance companies
Factoring credit facility
$500,000
Company that is a wholesale and production of high end candles and home fragrance
Factoring credit facility
$1.8M
Grower and shipper of organic and conventional food products
Factoring credit facility
$60,000
Handyman services company that provides home and commercial business repairs and remodeling
Factoring credit facility
$75,000
Trucking company that transports within California only
Factoring credit facility
$250,000
Company that provides truck repair and maintenance
Factoring credit facility
$500,000
Company that provides production testing for gas wells
Factoring credit facility
$400,000
Company that provides
trucking services
Factoring credit facility
$1.66M
Company that provides base road construction
Factoring credit facility
$100,000
Company that provides plumbing and HVAC services
Factoring credit facility
$50,000
Importer/distributor
of ladies' apparel
Factoring credit facility
Marquette Business Credit, Inc.
$6.6M
Southern Audio Visual, Inc., Miami, FL
Revolving credit, term loan and capital expenditure facilities
Marquette Equipment Finance
$1.5M
Company in the mining industry
N/A
$1.5M
Company in the healthcare industry
N/A
$180,000
Company in the communications industry
N/A
$250,000
Company in the healthcare industry
N/A
$250,000
Company in the mining industry
N/A
$1M
Company in the technology industry
N/A
$400,000
Company in the automotive industry
N/A
$747,000
Company in the insurance industry
N/A
$500,000
Company in the food and beverage industry
N/A
New Star Business Credit
$6.5M
Westlake Plastics Company, Lenni, PA
N/A
PNC
$35M
Professional Directional Enterprises, Inc. (Pro-D), Conroe, TX, a portfolio company of New York-based private equity investment firm, Diamond Castle.
Senior secured credit facility, consisting of a $17.5M revolving loan and $17.5M in term loans
$30M
Anchor Drilling Fluids USA, Inc., Tulsa, OK
Revolving credit facility
Porter Bridge Loan Company
$160,000
Residential rehab company, Tennessee
N/A
Porter Capital Corporation
$250,000
Transportation company, Alabama
N/A
$750,000
Petroleum distributor, Mississippi
N/A
$1M
Integrated poultry producer,
Mississippi
N/A
$1.5M
Wholesale food distributor, North Dakota
N/A
$3.5M
Transportation company, Alabama
N/A
$1M
IT staffing company,
New Jersey
N/A
Regions Business Capital
$150M
Big Rock Sports, LLC
Regions led the five-year credit facility with four participating lenders: Bank of America, PNC, Toronto Dominion and RBC.
Siemens Financial Services, Inc.
$10.9M
Supports the development of a new healthcare property by Mohr Health, LLC
Real estate financing
Spectra Financial Services, LLC
$200,000
Logistics and delivery company located, Maryland
Factoring facility
Sterling National Bank/Sterling Trade Capital
$7M
Firm that provides letters of credit and purchase order financing to U.S. importers, exporters and domestic traders
Letter of credit facility
N/A
$5M provider of temporary nurse staffing to hospitals throughout the U.S.
Factoring facility
Sumitomo Corporation of America (SCOA)
$460M
Oxford Finance
SCOA and Welsh, Carson, Anderson & Stowe (Welsh Carson) jointly committed to expand Oxford's Capital base
Summit Financial Resources
$500,000
Manufacturer of semi- conductors,
Sunnyvale, CA
A/R credit line
$1.5M
Packaging company, City of Industry, CA
A/R credit line
$750,000
Manufacturer of hardware supplies, Idaho
A/R and inventory credit facility
$150,000
Screenprinting company, Utah
A/R credit line
$350,000
Metal stamping company,
Illinois
A/R credit line
$850,000
Manufacturer of shrink wrap, Kansas City
A/R and inventory credit line
$650,000
Paper supplier
A/R and inventory credit line
$1M
Manufacturer of synthetic fabrics, Georgia
A/R credit and inventory line
$3M
Aluminum and steel fabricator, Louisville
A/R and inventory line
$500,000
Manufacturer of laminated packaging, North Carolina
A/R credit line
$1M
Distributor of promotional products, St. Louis
A/R credit line
$500,000
IT consulting firm, Colorado
A/R line
TAB Bank
up to $1.8M
Cross Creek Trucking, Inc., Central Point, OR
A/R line
$2.5M
Pacific Shoe Corp., Huntington Beach, CA
AR and inventory line
$1.5M
Smoot Brothers Transportation of Brigham City, UT
Credit facility
TCE Capital Corporation
$800,000
Manufacturer of wood veneers
Non-notification invoice discounting facility
$1M
Established specialty furniture manufacturer committed to a major equipment modernization to reduce costs and increase gross profit margins
DIP financing facility
$800,000
Wood veneers manufacturer
Non-notification invoice discounting facility
Webster Business Credit
$65M
Drive Medical,
Port Washington, NY
Multi-bank, three-year, senior secured revolver/term facility
Wells Fargo Capital Finance
N/A
Klaussner Home Furnishings
Acquisition financing
$150M
Books-A-Million, Inc., Birmingham, AL
Senior secured, asset-based revolving
credit facility
$340M
Gander Mountain Company,
St. Paul, MN
Senior secured
credit facility
Commercial Finance Association
370 7th Avenue, Suite 1801
New York, NY 10001
(212) 792-9390
www.cfa.com