CFA's International Lending Conference

April 3, 2013
Click here to access the latest issue of TSL online

The Secured Lender's March  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.

TSL Deal Alert reports that 103 deals totaling $2,397,358,000, were submitted to tslexpress@cfa.com between March 8, 2013 - April 2, 2013.

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 May.

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

Deal Size
Borrower
Notes
Allied Affiliated Funding
$200,000
Franchise staffing business, Texas
Start-up working capital credit facility
$5 Million
Vendor management staffing company, Texas
Growth credit facility
$150,000
Mobile marketing technology company, Arizona
Working capital facility
Amerisource Funding
$400,000
Provider of alternative energy, Louisiana
A/R factoring facility
Bank of America Business Capital
A$50 Million
Atlas Steels, Brooklyn, Australia
Asset-based loan
BMO Harris Bank’s Sponsor Finance Group
$77.2 Million
Genoa Healthcare Holdings, LLC, a Beecken Petty O’Keefe portfolio company
Served as joint lead arranger, joint bookrunner and is administrative agent for senior credit facilities
Business Capital
$5 Million
Sysorex Global Holdings Corp. (SYRX)
Business acquisition financing package
Capital Business Credit (CBC)
$1.5 Million
Start-up that imports and distributes small electronic products, Florida
Revolving
factoring facility
Capital One Bank
$19.5 Million
Revera Health Systems, Inc., a long-term care and rehab provider with multiple skilled nursing centers across the United States
Three-year secured
term loan
Celtic Bank
$3 Million
Engineer and wholesaler of chemical compounds, Alpharetta, GA
SBA CAPLine, revolving credit facility
Celtic Capital Corporation
$1.25 Million
Manufacturer, Hebron, KY
A/R and inventory
lines of credit
$2 Million
Manufacturer, Portland, OR
A/R and inventory
lines of credit
Cole Taylor Business Capital (CTBC)
$10 Million
Tenere, Inc., a full-service designer and fabricator of complex metal and plastic components and assemblies, Dresser, WI
Credit facility
$22 Million
Gartner Studios, Inc. and Gartner Greetings, Inc., Stillwater, MN
Credit facility
$5 Million
Wilcox Paper, LLC,
Champlin, MN
Credit facility
Coral Capital Solutions
$3 Million
Importer of food
service products
Purchase order and factoring facility
Crestmark
$350,000
Manufacturer of temperature controlled compliant packaging for the life sciences industry, Indiana
Ledgered line of
credit facility
$3.5 Million
International supply chain management company,
New York
Ledgered line of
credit facility
$150,000
Subscription service company that provides periodicals to school and library systems,
North Carolina
Accounts receivable purchase facility
$500,000
Company that designs and distributes garden planters to retailers nationwide, Florida
Accounts receivable purchase facility
$500,000
Company that provides experienced certified welders and clerical personnel to oil, gas and related service companies, Louisiana
Accounts receivable purchase facility
$100,000
Start-up trucking broker, Georgia
Accounts receivable purchase facility
$400,000
Small screw machine shop, Indiana
Ledgered line of
credit facility
$1.5 Million
Technology distributor, Florida
Ledgered line of credit facility with advances on accounts receivable
$500,000
Start-up company that manufactures and distributes wholesale apparel, New Jersey
Traditional
factoring facility
$350,000
Temporary staffing company that provides medical staffing to hospitals, Michigan
Ledgered line of credit facility with advances on accounts receivable
$750,000
Transportation company that hauls meat, frozen foods, and produce across the Southwest, Texas
Accounts receivable purchase facility
$500,000
Furniture company that sells to furniture retailers nationwide, Mississippi
Traditional
factoring facility
$750,000
Staffing company providing administrative and clerical resources, California
Accounts receivable purchase facility
$1 Million
Staffing company, Northern California
Ledgered line of
credit facility
$250,000
Start-up providing general labor and manufacturing staff, Alabama
Ledgered line of
credit facility
Crossroads Financial
$500,000
Manufacturer and distributor of high end women’s apparel
Purchase order financing facility; Amerisource Funding is providing an accounts receivable factoring facility
$1.5 Million
Hydraulic adapter manufacturer
Inventory revolving
line of credit
DS-Concept Factoring, Inc.
$1 Million
Distributor that imports swing sets, dollhouses, playhouses, and other related large, outdoor toys from China, New York
Facility consisting of a purchase order finance component in addition to expanded accounts receivable financing
$1 Million
Well-known, growing women's apparel company in the New York region, with a sister office in Pakistan
Facility consisting of a purchase order financing and accounts receivable financing
Far West Capital
$5 Million
Xplore Technologies Corp.
Accounts receivable, inventory and purchase order financing
First Capital
$3 Million
Master Tile Network, Inc.
Revolving line of credit, consisting of a $3 million working capital revolver collateralized by accounts receivable
and inventory
$9 Million
Manufacturer of generators
Working capital facility
$4 Million
Northeast distributor of packaged meat and poultry to hotels, restaurants, specialty markets, gourmet grocers
Working capital facility, consisting of a revolving line of credit collateralized by accounts receivable and inventory
GE Capital, Corporate Finance
$16 Million
Dutra Group, Inc.,
San Rafael, CA
Equipment financing
$225 Million
Federal Signal Corporation, Oak Brook, IL
Senior secured
credit facility
Gibraltar Business Capital (GBC)
$4.5 Million
Company that provides international mail services to commercial businesses of all sizes
Asset-based line of credit
$1 Million
Manufacturer of package test and product reliability test equipment, Illinois
Asset-based line of credit
$750 Million
Manufacturer of close tolerance shafts used in a variety of applications, Illinois
Asset-based line of credit
Graystone Capital
$3.6 Million
Distribution company, California
Revolving line of credit
Healthcare Finance Group, LLC (HFG)
$15 Million
Premier Research
Senior secured
revolving line of credit
JD Factors
$50,000
Transportation company, Georgia
Factoring facility
$75,000
Transportation company, Ontario
Factoring facility
$150,000
Transportation company, Ontario
Factoring facility
$100,000
Transportation company, Tennessee
Factoring facility
$150,000
Transportation company, Quebec
Factoring facility
$150,000
Technology services company, Florida
Factoring facility
$75,000
Food manufacturing company, Missouri
Factoring facility
$75,000
Transportation company, Tennessee
Factoring facility
$150,000
Transportation company, Quebec
Factoring facility
$300,000
Transportation company, Quebec
Factoring facility
$100,000
Transportation company, Pennsylvania
Factoring facility
$100,000
Transportation company, Indiana
Factoring facility
$50,000
Transportation company, Illinois
Factoring facility
$4 Million
Oilfield transportation company, Texas
Factoring facility
$300,000
Transportation company, Ontario
Factoring facility
$250,000
Clothing company, California
Factoring facility
$250,000
Transportation company, Pennsylvania
Factoring facility
$1 Million
Transportation company, Quebec
Factoring facility
Keltic Financial Services
$5 Million
American Builders Supply
Revolving line of credit
$3 Million
Runge Paper Company, Inc.
Revolving line of credit
King Trade Capital
$2.5 Million
Importer of men's apparel, New York
Purchase order
finance facility
$1 Million
Fluid pump designer
and importer
Supply chain
finance solution
LBC Credit Partners (LBC)
$40.5 Million
National Label Company, Lafayette Hill, PA
Senior secured
credit facility; LBC Credit Partners was the sole lead arranger, sole bookrunner and administrative agent
MidCap Business Credit
$1.5 Million
Valve distributor, Texas
Asset-based line of credit
North Mill Capital LLC
$1.75 Million
Mid-Atlantic manufacturer and distributor of oxides and powders for coatings and thermal spray applications

Credit facility consisting of an accounts receivable and inventory revolving line of credit and a
term loan

$5 Million
Heavy equipment dealership, New Jersey
Accounts receivable credit facility
$650,000
Fabricator of precast concrete forms, Pennsylvania
Accounts receivable credit facility
PNC
$30 Million
Heniff Transportation Systems, LLC, Oak Brook, IL

Senior secured
revolving credit

Porter Billing Services and Porter Capital Corporation
$25,000
Transportation company, Henderson, TN
Accounts receivable factoring facility
$25,000
Transportation company, Jonesboro, GA
Accounts receivable factoring facility
$50,000
Transportation company,
St. Louis, MO
Accounts receivable factoring facility
$75,000
Transportation company, Arlington, TX
Accounts receivable factoring facility
$75,000
Transportation company, Gulfport, MS
Accounts receivable factoring facility
$500,000
Software and mobile app development company, Atlanta, GA
Accounts receivable financing facility
Ridgestone Bank
$617,000
Restaurant and Bar, Germantown, WI
SBA 7(a) term loan
$2,450,000
Business acquisition of employee benefit consulting and brokerage firm, Greensboro, NC
SBA 7(a) term loan
$1.815 Million
Two restaurant franchise locations, Muskego, WI
and Franklin, WI
SBA 7(a) 25-year term loan
$3 Million
Utility company service provider in DePere, WI
Consisting of a $1.5 million 15-year SBA 7(a) term loan to refinance equipment and a $1.5 million, 25-year SBA 7(a) term loan to refinance real estate
Salus Capital Partners, LLC
$15 Million
Summer Infant, Inc., a global designer and distributor of durable health, safety, and wellness products for infants and toddlers
Senior secured term loan
$13 Million
Hunter's Specialties, Inc.
Senior secured
credit facility
$16 Million
Namco, LLC
debtor-in-possession (DIP) Facility
Summit Financial Resources
$3 Million
Paper processor, Los Angeles, CA
A/R and Inventory
credit line
$300,000
Water feature wholesaler, Salt Lake City, UT
A/R credit line
$150,000
Engineering and drafting supplies distributor, Florida
A/R credit facility
$250,000
Medical services company, Atlanta
A/R credit line
$1.2 Million
Precision parts metal manufacturer, New Hampshire
A/R credit line
$750,000
Aerospace manufacturing firm, Southern California
A/R & inventory
credit line
$200,000
Packaging fulfillment company, Salt Lake City
A/R credit line
$300,000
Steel fabricator, Missouri
A/R credit line
$750,000
Machine tooling company, Wisconsin
A/R credit line
$500,000
custom metals manufacturer, Charlotte
A/R credit line
TAB Bank
$5 Million
Cosby Oil Company, Inc., Santa Fe Spring, CA
Senior revolving
credit facility
TCE Capital Corporation
$400,000
Maritime manufacturer
Debtor-in-possession financing
Thermo Credit, LLC
N/A
Tandem Transit, LLC,
New York
Loan facility
US Capital Partners, LLC
$5 Million
Successful acquirer of imaging technology solutions companies in North America
Consisting of a $1 million accounts receivable line of credit and a $4
million term loan
Wells Fargo Capital Finance
$1 Billion
SUPERVALU, a leading grocery wholesaler and retailer
Senior secured, asset-based revolving credit facility; Wells Fargo Bank, N.A. serves as administrative agent, left lead arranger and book runner.
$600 Million
Saks Incorporated
Senior secured
credit facility
 

 

 

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