Roger Welker has joined Merchant Factors as senior vice president and will market Merchant’s factoring products and ABL revolvers for its affiliate, Merchant Financial, in the Florida region.
Merchant Factors announced the engagement of Ronald E. Garber as an exclusive consultant to their Los Angeles office.
Sport-Haley Holdings filed voluntary petitions for relief under Chapter 11. Merchant Factors will provide a DIP financing facility.
Merchant Factors acquired the factoring and ABL portfolios of Commodore Factors.
Merchant Factors and Merchant Financial announced that Cheryl Kendrigan was hired as senior vice president of Sales and Marketing in the Southeast market.