Crestmark Closes More Than $31MM in Transactions in H2/August

Crestmark secured more than $31.046 million in financial solutions with 16 transactions for 14 new clients in the second half of August 2018.

Allied Affiliated Closes Two Transactions Totaling $3.03MM

Allied Affiliated Funding, a division of Axiom Bank, completed transactions for two borrowers totaling $3.03 million.

Rosenthal Provides Production Facility to Loungewear Firm

Rosenthal & Rosenthal completed a $850,000 purchase order finance facility to support the production financing requirements of a New York-based men’s loungewear company that operates as a licensee of an iconic golf and lifestyle brand.

Sallyport Closes $2.5MM A/R Facility to Testing Provider

Sallyport Commercial Finance provided a $2.5 million A/R facility to a health services provider.

J D Factors Provides $1.3MM in Factoring Facilities

J D Factors provided $1.3 million in factoring facilities to seven clients the week of August 28.

Tradewind Provides $7.5MM AR Facility to Battery Manufacturer

Tradewind closed a $7.5 million A/R financing facility for a U.S.-based designer and manufacturer of battery and power solutions for the telecom and automotive industries.

Tradewind Provides $500K Garment Manufacturer Factoring Facility

Tradewind provided a $500,000 credit facility for a leading ready-made garment exporter based in Bangladesh.

J D Factors Finances Eight Transactions Totaling $945K

J D Factors completed eight transactions for a total of $945,000 in financing.

Versant Provides $5MM Factoring Facility to Chemicals Start-Up

Versant Funding provided a $5 million non-recourse factoring facility to a start-up specialty chemicals supplier in the oil and gas industry.

Crestmark Closes $46.9MM in Transactions in H1/August

Crestmark secured a total of $46.9 million in financial solutions across 18 transactions for 14 new clients in the first half of August.