Press
Eclipse Business Capital Provides $80 Million ABL Credit Facility to a Consumer Products Manufacturer
By Eclipse Business Capital |
Chicago, IL – August 5th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided an $80 million ABL credit facility to a consumer products manufacturer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working capital purposes.…
Read More Eclipse Business Capital Provides $101.2 Million Senior Secured Credit Facility to an Automotive Parts Manufacturer
By Eclipse Business Capital |
Chicago, IL – July 9th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $101.2 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan to an automotive parts manufacturer. The credit facility is secured by accounts receivable, inventory, and machinery & equipment. The transaction…
Read More Eclipse Business Capital Closes $170 Million ABL Credit Facility to Specialty Retailer
By Eclipse Business Capital |
Chicago, IL – May 28th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $170 million senior secured ABL credit facility to a specialty retailer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing credit facilities and provide additional liquidity for working capital…
Read More Eclipse Business Capital Closes $18.5 Million Senior Secure Credit Facility to a Mining Company
By Eclipse Business Capital |
Chicago, IL – May 20th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided an $18.5 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan to a mining company that serves various industrial end markets. The credit facility is secured by accounts receivable, inventory, and…
Read More Eclipse Business Capital Provides $105.8 Million Senior Secured Credit Facility to a Sporting Goods Manufacturer
By Eclipse Business Capital |
Chicago, IL – May 13th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $105.8 million senior secured credit facility, consisting of an ABL revolving line of credit and term loan to a sporting goods manufacturer. The credit facility is secured by accounts receivable, inventory, and intellectual property rights on the…
Read More Eclipse Business Capital Provides $15 Million ABL Credit Facility to a Connector & Cable Manufacturer
By Eclipse Business Capital |
Chicago, IL – March 25th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $15 million senior secured ABL credit facility to a connector and cable manufacturer that primarily serves the telecommunications industry. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing revolving…
Read More Eclipse Business Capital Provides $85 Million ABL Credit Facility to an Electronics Retailer
By Eclipse Business Capital |
Chicago, IL – March 5th, 2024 – Eclipse Business Capital LLC (“EBC”) announced that it has provided an $85 million senior secured ABL credit facility to an electronics retailer. The credit facility is secured by accounts receivable and inventory. The transaction will refinance the Company’s existing revolving credit facility and provide additional liquidity for working…
Read More Eclipse Business Capital Tabs Lavinio to Join its Underwriting Team
By Eclipse Business Capital |
Chicago, IL – March 1st, 2023 – Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Anthony Lavinio has joined its underwriting team as a Managing Director. Mr. Lavinio is an asset-based lending professional with over 25 years of experience in underwriting, portfolio management, and new business originations at non-bank private debt funds. Prior…
Read More Eclipse Business Capital Provides $135mm Revolving Credit Facility to E-commerce Retailer
By Eclipse Business Capital |
Chicago, IL – February 24th, 2023 – Eclipse Business Capital LLC (“EBC”) announced that it has provided a $135 million senior secured revolving credit facility to an e-commerce retailer. The credit facility is secured by accounts receivable and inventory with the proceeds being used to refinance the existing line of credit. EBC’s demonstrated track record…
Read More Eclipse Business Capital Provides $125mm DIP Revolving Credit Facility to Mattress Manufacturer
By Eclipse Business Capital |
Chicago, IL – January 30th, 2023 – Eclipse Business Capital LLC (“EBC”) announced that it has agented a $125 million senior secured debtor-in-possession (“DIP”) revolving credit facility to a mattress manufacturer. The credit facility is secured by accounts receivable and inventory. The transaction facilitates a restructuring with existing lenders to de-lever and provide runway for…
Read More Eclipse Business Capital Provides $28.5mm to Support the Acquisition of Flooring Products Distributor
By Eclipse Business Capital |
Chicago, IL – January 25, 2023 – Eclipse Business Capital LLC (“EBC”) announced today that it has provided a $28.5 million senior secured credit facility to support the acquisition of a flooring products distributor. The transaction included a $25mm revolving line of credit and a $3.5mm machinery & equipment term loan that are secured by…
Read More Eclipse Business Capital Adds Kate Madine as a Managing Director in Northeast Region
By Eclipse Business Capital |
Chicago, IL – January 9th, 2023 – Eclipse Business Capital, LLC (“EBC”) is pleased to announce that Kate Madine has joined the organization as a Managing Director. Ms. Madine is an experienced finance professional with a strong capital markets and commercial loan workout background that will be a great asset to EBC. She started her…
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