Daily News: February 6, 2015

Loeb Finances $9MM in Industrial Equipment

Loeb closed $9 million worth of industrial machinery and equipment to help a global textile company open a new U.S. facility and two plastics manufacturers expand their businesses during a time of growth.

“Our equipment term loans were initially conceived to help companies just like these three,” stated Jim Newman, Loeb Term Solutions’ managing partner. “With our extensive history in manufacturing equipment and our machinery knowledge, we are uniquely positioned to help companies needing to leverage working capital from their existing assets in order to expand their operations.”