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iMedia Announces New Lenders & - GuruFocus.com

iMedia Announces New Lenders & - GuruFocus.com
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iMedia Announces New Lenders & Expanded $108.5 Million Debt

iMedia Announces New Lenders & Expanded $108.5 Million Debt
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Quarter Turn Resources refinances credit facility


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Siena Lending Group Closes $17.5MM Credit Facility for California-Based Tire Company - News


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Siena Lending Group Closes $17.5MM Credit Facility for California-Based Tire Company
December 16, 2020, 09:00 AM
Siena Lending Group closed a $17.5 million asset-based credit facility with a California-based Tire Company (“TireCo” or the “Company”).  The two-year revolving credit facility was used to refinance existing debt and provide additional working capital to support business growth.
TireCo includes various business units which distribute tires and complementary auto parts, as well as operate a chain of retail tire installation and automotive service centers throughout California.  Privately owned and operated for over two decades, the Company was looking to refinance its existing bank loan with a lender that could provide more flexibility to run its business and additional liquidity to support new operating initiatives. ....

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