credit facility

OpenAI Liquidity Reaches $10 Billion With New Credit Facility
OpenAI Liquidity Reaches $10 Billion With New Credit Facility
October 03, 2024  |  artificial intelligence

The world’s biggest companies can’t seem to stop giving OpenAI money. One day after securing $6.6 billion in new funding from an array of tech...

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Cash Flow Firm Settle Gets $145M Credit Facility With Silicon Valley Bank
Cash Flow Firm Settle Gets $145M Credit Facility With Silicon Valley Bank
July 25, 2023  |  Loans

Cash flow management company Settle has secured a $145 million credit facility with Silicon Valley Bank. The financing, announced in a news release Tuesday (July 25), will let Settle develop...

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Gulp Data Secures Credit Facility for ‘Data as Collateral’ Loans
Gulp Data Secures Credit Facility for ‘Data as Collateral’ Loans
June 27, 2023  |  Loans

Gulp Data has secured a credit facility of up to $25 million to expand its commercial lending capacity. The firm will now offer businesses non-dilutive funding...

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Comvest Credit Partners Invests in Digital Healthcare Firm CheckedUp
Comvest Credit Partners Invests in Digital Healthcare Firm CheckedUp
December 02, 2022  |  Healthcare

Comvest Credit Partners has invested in digital healthcare solutions provider CheckedUp. The direct lending platform said in a Friday (Dec. 2) press release that it...

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Wirecard Catches A $2B Break From Lenders On Loan Repayment
Wirecard Catches A $2B Break From Lenders On Loan Repayment
June 24, 2020  |  Loans

After a week of bad news, the embattled Wirecard AG caught a break from lenders that provided 1.75 billion euros ($2 billion) in credit to the German payment...

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Bed Bath & Beyond Bolsters Liquidity With $850M Credit Facility
Bed Bath & Beyond Bolsters Liquidity With $850M Credit Facility
June 22, 2020  |  Retail

To help bolster its liquidity standing, Bed Bath & Beyond Inc. has put into place a three-year secured asset-based revolving credit facility with a group...

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PayCargo Extends Credit To Help Supply Chain Clients Amid COVID-19
PayCargo Extends Credit To Help Supply Chain Clients Amid COVID-19
May 11, 2020  |  B2B Payments

PayCargo Capital (PCC) is offering short term loans and credit lines to help its supply chain customers keep the cash flow going as the coronavirus...

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Office Depot Refinances Credit Facility, Retires Term Loan
Office Depot Refinances Credit Facility, Retires Term Loan
April 20, 2020  |  Retail

In an effort to streamline its capital structure, Office Depot has refinanced its current asset-based credit facility with a new five-year arrangement and has retired...

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Rent The Runway Receives $200M Credit Facility
Rent The Runway Receives $200M Credit Facility
August 03, 2018  |  Retail

To help fuel its growing subscription business, refinance debt and widen its operations, Rent The Runway has linked up with Temasek for a credit facility...

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