Allied Closes Two A/R Facilities for $2.8MM

Allied Affiliated Funding closed two accounts receivable facilities for a total $2.8 million.

Crossroads Provides $3MM Inventory Revolver to Container Wholesaler

Crossroads Financial provided a $3 million inventory revolving line of credit to a wholesaler of new and refurbished plastic totes, steel drums, and poly plastic drums.

Brookridge Provides $1MM P/O Facility to Equipment Importer

Brookridge Funding completed a $1 million purchase order funding facility for a Texas-based importer and seller of communications equipment.

Sallyport Completes $3.5MM A/R Facility for Publishing Company

Sallyport Commercial Finance provided a $3.5 million accounts receivable credit facility to a company that offers its own publishing platform to various multi-national corporations.

J D Factors Provides $1.375MM in Factoring Facilities

J D Factors provided $1.375 million in new factoring facilities to eight clients over the week of March 12, 2018.

Seacoast Closes $650K Factoring Facility for Importer

Seacoast Business Funding closed a $650,000 factoring facility for a Southeast-based importer that distributes hardware and fasteners for masonry applications on a national basis.

Crossroads Provides $3MM Facility to Oil Industry Wholesaler

Crossroads Financial provided a $3 million inventory financing facility to a wholesaler of new and recycled plastic totes, steel drums and poly plastic drums that it sells to the oil and gas industry.

Gibraltar Provides $1MM A/R Facility to DCS

Gibraltar Business Capital provided a new $1 million accounts receivable credit facility to previous client Direct Communication Solutions, a San Diego-based machine-to-machine provider of wireless services.

TradeCap Provides $3MM Supply Chain Facility for Manufacturer

TradeCap Partners established a $3 million supply chain finance facility for a Texas-based lighting and fixture manufacturer.

Utica Completes Three Transactions Totaling $2.1MM

Utica Leaseco completed three transactions totaling $2.1 million during the week of March 5, 2018.