Koski, Rose Join BizCap Business Development Team

Business Capital hired two Business Development managers, former commercial banker Alan Koski and financial advisor Jake Rose.

BizCap Provides Asset-Backed Facility to Kellton Tech

Business Capital delivered a working capital facility to the U.S. operations of Kellton Tech Solutions, a worldwide IT solutions company based in India.

Business Capital Supports ECS Acquisition of PREPWORKS

Business Capital provided management buyout financing to support ECS Learning Systems’s acquisition of PREPWORKS.

BizCap Provides $10MM Mezzanine Financing for Fabricator

Business Capital structured and secured $10 million of mezzanine financing for the largest independent fabricator and installer of steel bar products and post-tension cables in California and Nevada.

BizCap Provides Growth Financing for Under Canvas

Business Capital structured and secured growth capital for adventure-hospitality brand Under Canvas.

CIT Names Jones to Lead Business Capital, Lytle to Lead Rail

CIT named Mike Jones president of Business Capital, replacing Steve Solk who will focus on Consumer Banking. Jeff Lytle was named president of Rail, replacing George Cashman who will retire.

BizCap Provides $4MM Financing for Asteria ECS Buy

Business Capital provided $4 million in financing to support Asteria Education’s acquisition of test-prep publisher ECS Learning Systems.

Business Capital Provides ABL for Rancho Harvest

Business Capital structured and secured an asset-based credit facility for Rancho Harvest, a labor contracting provider for farmers, food shippers and processors.

Siena, First West Complete $3.5MM Revolver for AlterG

Siena Lending Group completed a $3.5 million revolving credit facility for AlterG to partially refinance the company’s existing senior debt and support their working capital needs.

Business Capital Provides $8mm Financing for AlterG

Business Capital closed an $8 million financing page for AlterG, a medical device company.