Secured Research | Equipment Finance Originator | Monitor | Monitor Suite | Converge | STRIPES Leadership
No Result
View All Result
ABF Journal
Forward for Specialty Finance
SUBSCRIBE
Lender & Services Directory
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
  • News
    • People
    • Economy
    • All News
  • Deals
  • Magazine
    • Magazine Issues
    • Nominations
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Recruiting
  • Events
  • Advertise
  • Contact Us
No Result
View All Result
ABF Journal
No Result
View All Result
Home News

1st Commercial Credit Hits $20MM Milestone in Purchase Order Financing Transactions

byIan Koplin
December 22, 2023
in News

1st Commercial Credit surpassed $20 million in purchase order funding transactions. This accomplishment underscores the company’s dedication to providing adaptable financial solutions to support its clients.

“I am delighted by the success of our transactional funding program, specifically tailored for our existing factoring clients,” Raul Esqueda, president of 1st Commercial Credit, said. “Our financial instruments were meticulously designed with adaptability in mind, allowing us to customize them to meet our customers’ needs effectively. The In-Transit Inventory Finance program, particularly favored by importers, offers funding to sustain supplier payments for subsequent orders. A significant portion of our clients is currently experiencing growth, and traditional invoice factoring may not adequately address their evolving supply chain requirements. In 2023, our typical funded transaction averaged $143k, with nearly 30% designated for covering importation fees and containerized freight charges.”

Previous Post

Citi Reprices $40MM AZZ Revolver in Leverage-Neutral Transaction

Next Post

White Oak Closes New $120MM Alliance Entertainment Credit Facility

Related Posts

Deal Announcements

CIT Northbridge Provides $70MM Credit Facility to Premier Packaging Company

September 11, 2026
Deal Announcements

Horizon Technology Finance’s RoHo Joint Venture Provides Up to $30MM Loan Facility to NeoVolta

September 11, 2026
Advanced Power Closes $100M Corporate Credit Facility
Deal Announcements

Nevada-Based SaaS Online Grocery Marketplace Secures $3MM Facility from Prestige Capital

September 11, 2026
Deal Announcements

NXT Capital Closes Senior Credit Facility in Support of Align Capital Partners’ Acquisition of Trident Solutions

September 11, 2026
Deal Announcements

Cannara Expands Financing to $80MM Syndicated Credit Facility with BMO and TD Bank

September 11, 2026
Wingspire Capital Provides Over $500MM in Corporate Finance Commitments in H1/25
News

Setpoint Serves as Third-Party Diligence Platform for Figure’s $316MM HELOC Securitization

September 11, 2026
Next Post

White Oak Closes New $120MM Alliance Entertainment Credit Facility

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Where the Risk Sits: A Verified Look at Subordinate Debt, Recovery Rates and Intercreditor Dynamics in the Middle Market

Where the Risk Sits: A Verified Look at Subordinate Debt, Recovery Rates and Intercreditor Dynamics in the Middle Market

September 4, 2026

Capital, Consolidation & Conspicuous Consumption: The Gilded Age Captains of Industry

August 27, 2026

Stopping MCA Withdrawals: Why an “MCA Attorney” May Not Be the First Call

August 14, 2026

After Unitranche: How the Middle Market Capital Stack Is Being Pulled Apart from Inside

September 11, 2026

About Us

For over 50 years, RAM Holdings’ brands have led the commercial finance industry in publishing, talent development, research and events. ABF Journal’s audience is comprised of as many as 18,000 specialty finance industry executives, private equity investors, investment bankers, advisors, service providers and more.

Our Brands

  • Secured Research
  • Equipment Finance Originator
  • Monitor
  • Monitor Suite
  • Converge
  • STRIPES Leadership

 

Learn More

  • Advertise
  • Magazine
  • Contact Us

Newsletter

Driving specialty finance forward for decades with insights, recognition and deals. Sign up now.

SUBSCRIBE >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • News
    • People
    • Economy
    • All News
  • Deals
  • Features
    • ABF Journal Pulse
    • Resolving MCA Distress
  • Magazine
    • Magazine Issues
    • Nominations
  • Events
  • Advertise
  • Contact Us
Provider Directory >>

© 2025 RAM Group Holdings - A Leading Commercial Finance Publishing Group For Over 50 Years