Loan

TerrAscend Corp. (OTC:TSNDF) cannabis company announced that it has completed the second and final draw of $26 million as part of its $140 million senior secured term loan. The loan, managed by FocusGrowth Asset Management, LP, was initially announced in August 2024. The new funds were used to pay...

Tesla Inc (NASDAQ:TSLA) CEO Elon Musk secured a $1 billion loan from his own company, SpaceX, around the time he was acquiring the social media company X (formerly known as Twitter,) The Wall Street Journal reported., Backed by Musk’s SpaceX stocks, the loan was approved and drawn down...

The iconic cannabis media brand has undergone yet another leadership change, reported  Green Market Report’s Debra Borchardt, a leading authoritative voice in the marijuana investment space who will speak at the upcoming Benzinga event in Chicago. As the Sept. 30 deadline for High...

TerrAscend Corp. (OTCQX: TRSSF), a leading North American cannabis operator, announced that it has closed on a US$25 million commercial loan with Stearns Bank, noting that the proceeds from the loan will be used to pay down the Company’s higher-interest rate debt, thereby lowering...

Cryptocurrency lender Genesis was seeking a $1 billion emergency loan from investors before telling customers it was suspending withdrawals this week, reported the Wall Street Journal. The newspaper claimed to have seen physical evidence of a confidential document in which the...

Upstart Holdings Inc (NASDAQ: UPST) reported better-than-expected first-quarter results on Monday after the bell. However, shares of the AI consumer lending company tumbled more than 40% as management slashed the 2022 revenue forecast to $1.25 billion. Piper Sandler On Upstart Holdings: Analyst...

Agrify Corporation (NASDAQ: AGFY) has entered into a debt financing agreement for up to $135 million in a senior secured note facility with an institutional lender. Transaction Details An initial funding of $65 million under the note will be immediately available to the company at an initial...

Cannabis manufacturer The Valens Company Inc. (TSX: VLNS) (NASDAQ: VLNS) will borrow CA$40 million ($31.3 million) from a private institutional lender. The company, based in  Kelowna, British Columbia-based, confirmed on Thursday it has entered into a secured non-revolving term loan...

Vertically-integrated cannabis company Glass House Brands Inc. (NEO: GLAS.A.U) (NEO GLAS.WT.U) (OTCQX: GLASF) (OTCQX: GHBWF) is looking to raise up to $100 million through a senior secured term loan agreement with a U.S.-based private credit investment fund. The company said that the...

Cannabis retailer Fire & Flower Holdings Corp. (TSX: FAF) (OTCQX: FFLWF) said Monday that it has secured $30 million in financing through a loan agreement with 2707031 Ontario Inc., an indirectly wholly-owned subsidiary of Alimentation Couche-Tard Inc. Under the deal, ACT - which holds greater...

Major U.S.-based crypto exchange Coinbase Global Inc (NASDAQ: COIN) will allow users to borrow up to $1 million using their Bitcoin (CRYPTO: BTC) as collateral. What Happened: Coinbase said eligible users will be able to borrow up to 40% of their Bitcoin balance on the exchange. If a user...

Cannabis company Vireo Health International Inc. (CNSX:VREO) (OTCQX: VREOF) has secured some $23.5 million in financing through a credit facility with a Green Ivy Capital affiliate. The Minneapolis-based company confirmed Friday closing the first tranche of the previously-announced senior...

Cannabis company TerrAscend Corp. (CSE: TER) (OTCQX: TRSSF) reported Friday it has secured $120 million in financing through a Senior Secured Term Loan with a syndicate of lenders. The closed loan is secured by Ilera Healthcare, a Pennsylvania-based subsidiary of the Mississauga, Ontario-...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. Despite the end of the impeachment saga and the ongoing race to the national election in November, some bipartisan legislation is gaining...

You need a car. You don’t have the money to pay cash. You have to get a loan. Where do you find the best deal? Here are a few tips to do auto loans correctly. Check Your Credit History Long Before You Purchase The reason personal finance gurus tell you to keep a watchful eye on your credit is...