Daily News: July 16, 2014

BB&T Closes $44.5MM in Large Deals in June

BB&T Commercial Finance announced it closed the following large commercial deals in the month of June:

  • A $12 million ABL revolver to Boswell Oil Company, a supplier of gas, diesel and lubricants sold to retailers and industrial wholesalers.
  • A $32.5 million ABL revolver for Power Funding, an oilfield funding, fuel advances and invoice factoring company.