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Eclipse Business Capital, LLC announced today that it has provided an $80 million senior secured revolving credit facility to a national distributor of media and consumer goods. The senior secured revolving line of credit, which is collateralized by accounts receivable and inventory, was used to refinance the borrower’s existing facility and provide ongoing working capital…

Eclipse Business Credit announced today that Garett Figueroa joined its business development team as a Managing Director. Mr. Figueroa is an asset-based lending finance professional with over 9 years of business development and credit risk experience at bank lenders and non-bank private debt funds. Garett holds a BS in Business Administration & Management from the…

Eclipse Business Capital, LLC announced today that is has provided a $38 million senior secured revolving credit facility with a $10.5 million term loan from Tiger Finance to Daytona Apparel Group. Daytona Apparel Group is a designer, manufacturer, and distributor of apparel, including socks, underwear, loungewear and sleepwear. The revolving line of credit, which is…

Eclipse Business Capital, LLC announced today that is has provided a $10 million senior secured revolving credit facility to a designer, marketer, and distributor of mid-priced and premium bicycles. The revolving line of credit, which is collateralized by accounts receivable and inventory, will provide financing of the company’s working capital and capex requirements. EBC’s demonstrated…