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ACS invests $300M in lender American Capital Strategies Ltd., of Bethesda, an alternative asset management company, said it invested $300 million in Core Business Credit, a commercial lender established last July. American Capital will receive a stake in Dallas-based Core Business Credit as well as subordinated debt. Aside from the $300 million commitment from American Capital, Core Business Credit has obtained a $125 million credit line with Autobahn Funding Co. of Frankfurt. Core Business Credit, which has $425 million in capital, plans to issue loans to medium-sized companies needing to borrow $7.5 million to $30 million. The loans will be backed by collateral like inventory, accounts receivable, equipment and real estate.
...com American Mechanical Inc. Dennis L. Michel, Pres. 3203 Peger...Dave DeRoberts, Pres. 2820 Commercial Dr. Anchorage, AK 99501 traciel@criteriongeneral.c....7 billion, due to the large FY2011 State capital budget. The main infusion of cash from the America...
NEW YORK - Harlem is the historic capital of black American culture, but like many New York neighborhoods, it is rapidly changing. Condos can go for $1million. Big retailers like Old Navy, Starbucks, Payless, Staples and Blockbuster are ubiquitous. On 125th Street near Fifth Avenue, bulldozers clear a vacant lot for an upscale hotel.
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