J D Factors Closes Facilities for Five Transportation Companies
J D Factors provided a total of $525,000 in factoring facilities for five transportation companies in North America.
J D Factors provided a total of $525,000 in factoring facilities for five transportation companies in North America.
King Trade Capital announced the recent funding of a $2.5 million purchase order finance facility for a NY-based importer of men’s apparel.
CapitalSource said it has launched a new healthcare construction finance program to help skilled nursing providers upgrade their physical plants.
Crossroads Financial provided a $500,000 PO facility for a manufacturer and distributor of high-end women’s apparel. Crossroads is partnering with Amerisource Funding, which is providing an A/R factoring facility
Sterling National Bank’s Factoring & Trade Finance Division approved and funded a $1 million facility with a company that operates as an energy services company.
Bridgeport Capital hired Craig Castle and Eric Ondrick as vice presidents for Business Development. Castle will be opening a regional sales office in New York, NY. Ondrick will be operating a sales office in Boise, ID.
Liquid Capital said it has closed 15 transactions totaling $4.175 million.
RMP Trade Credit announced it closed two transactions totaling $2.4 million.
Federal National Commercial Credit said it has provided working capital financing lines to three small businesses, totaling $6.1 million.
During the month of February, Crestmark funded a total of $24.35 million in financial solutions for 12 new clients.