Cole Taylor Business Capital

Oct. 5, 2012
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The Secured Lender's October Digital Edition

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.

Our next Deal Alert will be sent during the first week of November.

Need to find an older deal? Click here for the TSL Deal Alert archive for deals from December 2010 on.

Deal Size
Borrower Details
Notes
Accord Financial Inc.
$1 Million
Company that specializes in large print solutions for exterior, interior, trade shows and vehicle wrap applications, selling across Canada, Winnipeg, Manitoba
Accounts
receivable facility
Aileron Capital Management
$8.9 Million
Provided the 2nd mortgage/trust deed loans for the period between the initial loan closing, and SBA debenture funding for the month of August
SBA 504 Interim Loans, SBA financing was provided by: CDC Small Business Finance, Premier Capital, and SomerCor
Amerisource Funding
$300,000
Oil field services provider, Texas
Working capital credit facility
$100,000
Long distance transportation company, New Jersey
Working capital credit facility
$1.5 Million
Manufacturer of stone and stone products, Illinois
Working capital credit facility
$100,000
Automobile accessories installer, North Carolina
Working capital credit facility
$100,000
Transportation company, Texas
Working capital credit facility
$200,000
Chemical manufacturer,
North Carolina
Working capital credit facility
$100,000
Custom stone work company, North Carolina
Line of credit
$3.5 Million
Equipment rental and sales company, Illinois
Working capital credit facility
$200,000
Petroleum and lubricant manufacturer, Illinois
Line of credit
$100,000
Electrical engineering firm, North Carolina
Working capital
line of credit
$200,000
Apparel manufacturer,
Louisiana
Working capital
line of credit
Bank of America Business Capital
$300 Million
Sanmina-SCI, San Jose, CA
Amended and restated revolving
credit facility, replacing the prior $235 million facility
$90 Million
SRS Distribution Inc. and its sponsor group,
AEA Investors LP
Revolving loan facility increased from $60M to $90M
BDC Capital
$1.85 Million
New England-based
machine shop
Term loan to consolidate a number of capital leases and provide funds for working capital
Bibby Financial Services
$3 Million
Manufacturing and distribution company, California
Factoring facility
$1.5 Million
Distribution company, California
Factoring facility
$1 Million
Temporary staffing company, Georgia
Factoring facility
$1 Million
Manufacturing company, Illinois
Factoring facility
$1 Million
Electronics manufacturing company, California
Factoring facility
$1 Million
Packaging company, California
Factoring facility
$1 Million
Printing company, Pennsylvania
Factoring facility
$900,000
Manufacturing company, Florida
Combined purchase order finance and factoring facility
$800,000
Distribution company, Maryland
Factoring facility
$500,000
Florida-based
distribution company
Purchase
order facility
$250,000
Ontario-based
transportation company
Factoring facility
BMO Harris Bank
$65 Million
Facilities to support the acquisition of Quadion Corporation by Norwest Equity Partner
Joint lead arranger, joint bookrunner and is administrative agent of the facilities
Capital One Bank
$8.5 Million
Triton Systems of Delaware, LLC
Four-year, senior secured revolving credit facility
$60 Million
New Century Transportation, Inc., a portfolio company of Jefferies Capital Partners, Westampton, NJ
Five-year, revolving credit and term loan facility
$11.5 Million
Advanced Rehabilitation and Healthcare of Bowie, a newly constructed skilled nursing facility, Bowie, TX
Five-year senior secured term loan
CapitalSource
$30 Million
Pamlico Capital’s investment in TekLinks, Inc., Charlotte, NC
Administrative agent and co-lead arranger of a senior secured loan facility
Commercial Lending Corporation (CLC)
$8.125 Million
The Bayview Pavilion, office unit with parking garage,
Clearwater, FL
Bridge loan
Crestmark
$975,000

Trucking company specializing in time-critical, high-value shipments, Missouri

Accounts receivable purchase facility
$250,000
Transportation company that hauls a variety of freight across the United States, Miami, FL
Accounts receivable purchase facility
$1.5 Million
Footwear importer and wholesaler, New York
Traditional
factoring facility
$300,000
Transportation company that hauls general freight within the Southeast region
Accounts receivable purchase facility
$500,000
Subcontractor who renovates projects for a variety of blue-chip companies, Michigan
Accounts receivable purchase facility
$2 Million
Non-profit corporation that assists with the purchase and installation of cost-effective lighting, Michigan
Rediscount line
$125,000
Southern-based trucking company that hauls freight
East of Texas
Accounts receivable purchase facility
$2 Million
Designer, manufacturer and distributor of skateboarding shoes and apparel, California
Ledgered line
of credit
$2 Million
Manufacturer of steel fabricated parts as well as specialty trailers, North Carolina
Asset-based Lending facility
Crossroads Financial
$2 Million
Supplier of healthcare products
Consisting of a $1M Inventory financing facility and a $1M PO financing facility, Crossroads partnered with Celtic Capital Corporation, the incumbent lender, providing a $1.25M receivable financing facility.
Crystal Financial LLC
$33 Million
To support the acquisition of certain assets and operations of Coach America Holdings, Inc. by Transportation Management Services, Sandy Springs, MD
Loan facility consisting of a $23M term loan and a $10M revolver
Doral Healthcare Finance (DHF)
$10 Million
Company that provides specialty closed-door pharmacy services primarily related to hemophiliacs and IVIG therapies in Philadelphia, New York and Chicago
Asset-based working capital facility
$2.5 Million
Home health company that provides services in the general metropolitan areas of Minneapolis and St. Paul, MN
Asset-based working capital facility
$2 Million
Company that provides physical, occupational and speech therapy primarily to residents of nursing homes and assisted living facilities, Ohio
Asset-based working capital facility
First Capital
$4 Million
Global Granite & Marble, LLC
Revolving line
of credit
$8.5 Million
Anpesil, LLC, a master candy, cookie & grocery wholesaler servicing the NY - NJ
metropolitan area
Asset-based senior credit facility
GE Capital, Corporate Finance
$200 Million
Furniture Brands International, Inc.
Served as administrative agent for an asset-based credit facility
Gemino Healthcare Finance
$4 Million
Life Care Partners, LLC
Revolving line
of credit
The Interface Financial Group
$1.1 Million
National software provider
Spot factoring
$261,000
Construction sub-contractor, Florida
Spot factoring
$176,000
Temporary staffing company, Wisconsin
Spot factoring
$177,000
Organic products company, Wisconsin
Spot factoring
$139,000
Contractor, Michigan
Spot factoring
$1,250,000 AUD
Civil construction company, Queensland, Australia
Spot factoring
$621,000 AUD
Shop fitting company,
Victoria, Australia
Spot factoring
$500,000 AUD
Communication contractor, Queensland, Australia
Spot factoring
$442,000
Security guards provider for
the London Olympic Games,
Essex, UK
Spot factoring
$440,000
Structured steel fabricator, Wakefield, UK
Spot factoring
$162,000
HVAc contractor, Northhamptonshire, UK
Spot factoring
J D Factors
$500,000
Concrete construction company, Florida
Factoring facility
$100,000
Wholesale company,
North Carolina
Factoring facility
$50,000
Transportation company,
New Jersey
Factoring facility
$200,000
Transportation company, Illinois
Factoring facility
$300,000
Transportation company, Illinois
Factoring facility
Monroe Capital
N/A
To support the acquisition of R&D Enterprises, Inc., Plymouth, MI, by Thermal Solutions Manufacturing, Inc.
Unitranche
credit facility
NewStar Business Credit
$12.5 Million
To support Precision Aerospace Components's acquisition of Fastener Distribution
Senior
Secured Financing
PNC
$75 Million
Paradigm Precision Holdings LLC, Peabody, MA
Consisting of a $30M senior secured revolving credit facility and a $15M senior secured term loan
Porter Billing Services
$40,000
Transportation company,
Alabama
Non-recourse factoring facility
$100,000
Transportation company, Texas
Factoring facility
$100,000
Transportation company,
Alabama
Non-recourse factoring facility
Porter Capital Corporation
$500,000
Software developer, New York
Factoring facility
$500,000
IT consulting company with locations in Georgia and Texas
Factoring facility
Presidential Financial
$3 Million
Manufacturer and distributor of pure honey, organic agave nectar and organic coconut sugar, Colorado
Accounts receivable and inventory facility
$3 Million
Firm that installs natural gas pipelines for energy firms, Tennessee and West Virginia
Accounts
receivable facility
$4 Million

Manufacturer and supplier of synthetic filaments,
South Carolina

Accounts receivable and inventory facility
Ridgestone Bank
$425,000
Restaurant franchise,
Bradley, IL
SBA 7(a) term loan
$550,000
Restaurant franchise, Naperville, IL
SBA 7(a) term loan
$1.2 Million
Premiere window and door distributor, Willowbrook, IL
SBA 7(a) term loan
$400,000
Convenience Store/Gas Station, North Chicago
SBA 7(a) refinance
$3.9 Million
Hotel in Schaumberg, IL
SBA 7(a) refinance
$425,000
Convenience store and liquor business, Bradley, IL
SBA 7(a) loan
$4.9 Million
Hotel, Chicago
SBA 7(a) mortgage refinance
$1.84 Million
Restaurant franchise,
Sturgeon Bay, WI
SBA 7(a) mortgage refinance
$2.4 Million
Hotel, Lake Geneva, WI
SBA 7(a) loan
$5 Million
Graphic design & printing services, Schaumberg, IL
Two SBA 7(a) term loans and an SBA CAPLine
$425,000

 

Inventory service company for retail and manufacturing companies,
Menomonee Falls, WI

SBA 7(a) term note & $75,000 SBA CAPLine
$2 Million
Benefit consulting and brokerage firm in Brookfield, WI and Appleton, WI
SBA 7(a) business acquisition term loan
$838,000
Automobile Business,
Bridgeview, IL
SBA 7(a) loan
$1.368 Million
Carwash, Hoffman Estates, IL
SBA 7(a) term note
$850,000
Printing company, Chicago
SBA 7(a) term note
$232,000
Dance studio, Schaumburg, IL
SBA 7(a) term note
Salus Capital Partners, LLC
$1.5M
Frontera Investment, Inc.
Additional working capital to Frontera's $5M senior secured credit facility
TD Bank
$39 Million
To Support the Acquisition of Albert Tire Company by Bennett Capital Partners, LLC


Credit facilities consist of a $35M revolver and a $4M term loan

US Capital Partners
$79 Million
Engaged by Sagent Energy for developing the Rosebud Nebraska Wind Facility Project in Todd County, SD
Consisting of $44M in debt financing and $34.9M in equity financing
Veritas Financial Partners
$5.2 Million
West coast-based industry leader in emissions compliance services
Loan used to repay an existing line of credit and to provide for the ongoing working capital needs of the company

 

 

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