Hana Financial Hires Industry Vets for ABL Business

Hana Financial and its factoring and asset-based lending subsidiary, Hana Commercial Finance, hired several seasoned industry veterans to support their factoring and ABL businesses and expand into new industries.

Leumi USA Increases Factoring Facility for Hana Financial

Hana Financial increased the size of its factoring credit facility with a new revolving line of credit from Bank Leumi USA.

Guggenheim Agents $100MM Hana Financial Facility

Hana Financial secured a new $100 million factoring credit facility through the issuance of factoring contract backed notes. Guggenheim Securities served as sole syndication agent and arranger.

Hana Financial Closes $6MM ABL Facility to Spokane Industries

Hana Financial closed a $6 million credit facility to Spokane Industries, a developer and manufacturer of high quality sand and investment castings.

Hana Financial Provides $2MM to Two Companies

Hana Financial closed two separate credit facilities, totaling $2 million, to Nylon Media and Socialyte, both portfolio companies of Diversis Capital.

Marquette, Hana Financial Provide $10.5MM Facility to Tuscarora Yarns

Marquette Business Credit and Hana Financial announced the closing of a $10.5 million credit facility to Tuscarora Yarns. The facility encompasses a $7.5 million revolver and a $3.0 million term loan.

The Small and Swift Advantage — Hana Business Capital Serves the Lower Middle Market at Light Speed

Newly appointed chief risk officer, Albert D. Perez shares the threefold process that Hana Business Capital plans to employ in its quest to cater to the underserved lower middle market. Thanks to the small size, depth of knowledge and experience of his team, Perez says Hana has decision making speed unrivaled by competitors.

Hana Financial Names Heller Alum Chief Risk Officer

Hana Financial announced that Albert D. Perez has joined Hana’s ABL division, Hana Business Capital, as chief risk officer. Perez started his career at Heller Financial and has over 25 years of ABL experience.

Hana Financial Announces $120MM Refinancing

Hana Financial announced the refinancing of its existing secured credit facility, which allows for the issuance of up to $120 million of notes secured by Hana’s portfolio of factoring receivables.