You are here

line of credit

Liberty Tax Gets Financing from the Big Banks

Adam Rust's picture

Posted January 9, 2013

One the eve of tax season, Liberty Tax has secured a large increase on its revolving line of credit from a consortium of big banks.

Details on the Big Bank Financing

On December 28th, the SEC released an 8-K which reported that Liberty had secured a new revolving credit line and term loan agreement. SunTrust was the lead bank among a consortium of eight big banks who as a whole have extended a

Wells Fargo Inks New Commercial Payday Loan Agreement

Adam Rust's picture

Posted January 7, 2013

Wells Fargo has announced a new agreement with Dollar Financial (DFC Global Corp a/k/a Dollar Financial Corp.) to provide a non-recourse line of credit to support the firms global payday lending operation.

Dollar Financial ("DLLR") is the parent of National Money Mart Company, Instant Cash Loans Limited, and Dollar Financial, U.K.

Wells Fargo is the bank at the heart of the contract. Wells is acting as not only the

Bank of America Renews Line of Credit with Buy-Here-Pay-Here Dealer

Adam Rust's picture

Posted February 8, 2012

Even as reports continue to show that getting a mortgage loan at Bank of America is difficult for many people, SEC filings show that the Charlotte bank has no problem extending financing to firms that do offer high-cost loans.

A recent example is the loan arranged by Bank of America for America's Car Mart last October. Bank of America

Subscribe to RSS - line of credit