J D Factors Funds $925K in Factoring Facilities
J D Factors provided $925,000 in factoring facilities to four new clients the week of January 14, 2019.
J D Factors provided $925,000 in factoring facilities to four new clients the week of January 14, 2019.
Notable ABL Transactions Data gathered from direct sources, news releases and other public information — covers 1/01/19 through 3/31/19.
Interested in the ABF Journal? Take a look at our most recent issue! Click Here to View the ABF Journal’s Media Planner for 2019! Like what you see? Start a free subscription now! ABF JOURNAL MAGAZINE The Leading Independent Publication Serving the Asset-Based Lending, Factoring and Commercial Finance Industry Since 2002. […]
DataBank completed a $410 million term loan B credit facility, providing the company with additional capital at a lower cost. SunTrust Bank served as administrative agent.
Moody’s assigned a B1 rating to a new $994 million first lien term loan executed by Hostess Holdco and subsidiaries to replace a preexisting term of the same amount.
Wells Fargo reported YTD C&I U.S. and non-U.S. average balances were $272.6 billion and $56.5 billion, respectively for the first nine months of 2017, up from $266.6 billion and $50.7 billion, respectively, a year earlier.
Marc Adelson joined CIT’s Commercial Services business as managing director and Northeast regional manager. Adelson joined from Monroe Capital where he was a managing director.
PNC Business Credit appointed Karl Brier as senior vice president and business development officer to its senior secured financing team in the western region. Brier was previously with Chase Commercial where he served as market executive.
The Bon-Ton Stores entered into an agreement for a $18.9 million sale-leaseback transaction for its Herberger’s location at Rosedale Center in Roseville, MN.
Hitachi Business Finance said it recently provided $28.75 million to six growing U.S. companies seeking working capital solutions.