Culain Capital Funding Closes $3MM Factoring Facility for Mechanical Services Company
Culain Capital Funding provided a $3 million accounts receivable factoring facility to a mechanical services company based in New York.
Culain Capital Funding provided a $3 million accounts receivable factoring facility to a mechanical services company based in New York.
White Oak Commercial Finance, an affiliate of White Oak Global Advisors, provided a $10 million senior factoring facility to a worker management software company.
The International Factoring Association named David J. Jencks, Esq. of Jencks Law, co-general counsel to the organization. IFA co-general counsel members play a role in ensuring legal compliance and protecting the interests of the association and its members.
Marco provided a factoring facility to Spectron Systems Technology, a Hauppauge, NY-based company that has specialized in designing and creating tilt sensors and inclinometers since 1947.
Culain Capital provided a $250 million accounts receivable factoring facility to a Georgia-based school supplies company that services various schools throughout the United States.
Rosenthal & Rosenthal completed 23 individual transactions in the second half of 2023, totaling roughly $600 million in volume and $90 million in loans.
Marco provided a $1.25 million factoring facility to The Mobile Repair Team, a specialist aviation company that focuses on the structural repairs of corporate aircraft.
Neptune Wellness Solutions, a consumer-packaged goods company focused on lifestyle brands, and its nutraceuticals brand subsidiary, Biodroga Nutraceuticals, entered into an accounts receivable factoring facility and inventory finance rider with Alterna Capital Solutions.
Culain Capital Funding provided a $5 million accounts receivable factoring facility to a Texas-based warehousing/fulfillment business with several locations across the U.S.
Sallyport Commercial Finance provided a $1.5 million factoring facility to enable a Canadian baked goods manufacturer to get its products into more major chains across the U.S. and Canada.