Boston, March 28th, 2018 Crystal Financial LLC a provider of innovative debt capital solutions to middle market companies is pleased to announce the promotions of five of its team members. Cheryl Carner and Evren Ozargun have been promoted to Senior Managing Director. Tyler Harrington and Kenny Smith have been… Read More »CRYSTAL FINANCIAL ANNOUNCES PROMOTIONS
Boston, March 7th, 2018 Crystal Financial LLC announced the closing of a $25.0 million Senior Credit Facility for Standard Diversified Opportunities Inc. (“SDOI”). SDOI is a publicly-traded holding company (OTCPK: SDOIA), which invests directly in middle-market operating businesses. To date, the Company’s investments include: a majority stake in… Read More »CRYSTAL FINANCIAL PROVIDES FINANCING FOR STANDARD DIVERSIFIED OPPPORTUNITIES INC
Boston, February 6th, 2018 Crystal Financial LLC today announced the completion of a $20.0 million Senior Credit Facility for Stone Road Energy (“SRE”). Headquartered in Bridgeton, ME, SRE is a leading provider of fuel delivery services for both the residential and commercial markets in Maine, Vermont, and New Hampshire. SRE… Read More »CRYSTAL FINANCIAL PROVIDES ACQUISTION FINANCING FOR STONE ROAD ENERGY
Boston, January 10th, 2018 Crystal Financial LLC today announced the completion of a $45.0 million Senior Credit Facility for CARite Holdings, LLC (“CARite”). Headquartered in Madison Heights, MI, the company sells and leases previously owned vehicles through their network of owned and partnered CARite locations. Through Brite Financial Services,… Read More »CRYSTAL FINANCIAL PROVIDES FINANCING FOR CARite
Boston, October 11, 2017 Crystal Financial SBIC today announced the funding of a $15.0 million Senior Secured Term Loan for ProAir Holdings (“ProAir”). Based in Elkhart, IN, ProAir is comprised of ProAir LLC and American Cooling Technologies (“ACT”). Together they supply specialty vehicle manufacturers with innovative and high quality… Read More »CRYSTAL FINANCIAL SBIC PROVIDES ACQUISITION FINANCING FOR PROAIR HOLDINGS
Crystal Financial Announces Ward Mooney’s Retirement and Co-CEO Promotions Boston, June 26, 2017 Crystal Financial LLC, a commercial finance company, today announced that its CEO, Ward K Mooney, plans to retire at the end of December 2017. Upon his departure Michael L Pizette, Chief Credit Officer, and Steven… Read More »Crystal Financial Announces Ward Mooney’s Retirement and Co-CEO Promotions
Boston, March 31, 2017 Crystal Financial SBIC today announced the closing of a $14.5 million Senior Secured Credit Facility for New England & North East Linen Supply (“NELS”)., NELS is a leading linen service and uniform rental company serving better restaurants and corporate and educational institution dining facilities along… Read More »CRYSTAL FINANCIAL SBIC PROVIDES $14,500,000 CREDIT FACILITY FOR NELS
February 22, 2017, 07:00 AM By: Cheryl Carner I was at a financial services conference a few weeks ago where a moderator asked a panelist a version of the same question we’ve all heard multiple times over the past few years: “This has been quite a long post-recession period, where… Read More »ABL Advisor Blog – Cheryl Carner
Boston, January 31st, 2017 Crystal Financial LLC, an independent commercial finance company, announced its investment in a $50.0 million Term Loan Facility for Model N, Inc. (NYSE: MODN). Based in Redwood City, CA, and founded in 1999, the Company is a provider of cloud-based revenue management solutions to life… Read More »CRYSTAL FINANCIAL PROVIDES ACQUISITION FINANCING FOR MODEL N
Boston, January 11th, 2017 Crystal Financial LLC, an independent commercial finance company, today announced the closing of a $26.0 million Senior Secured Facility for Gibraltar Capital Advance (“GCA”). Founded in 2012, the Company is one of the leading providers of cash advances to small businesses seeking a fast and… Read More »CRYSTAL FINANCIAL PROVIDES $26,000,000 FINANCING FOR GIBRALTAR CAPITAL ADVANCE