North Mill Capital Completes Eight A/R Transactions
North Mill Capital announced the funding of eight A/R transactions totaling almost $28 million.
North Mill Capital announced the funding of eight A/R transactions totaling almost $28 million.
Paragon Financial Group announced that they have provided a $750,000 invoice factoring line of credit to a military technology company. The facility will enable the startup to pay its suppliers for manufacturing their product.
CIT released “Factoring in Fashion,” a video featuring its relationship with Tharanco Group, a privately-held holding company that includes an established apparel division.
Crossroads Financial announce that it has provided a $1 million purchase order financing facility for a nutritional products manufacturer and distributor. Crossroads entered into an intercreditor relationship with Crestmark Bank.
First Capital has promoted Rob Garfalo to senior vice president/factoring credit officer. He has most recently served as portfolio manager in the company’s Northeast region office in New York.
Graystone Capital announced it expanded its international lending capabilities by providing a $700,000 A/R joint working capital line of credit to related U.S. and Puerto Rican-based analytic testing firms.
TCI Business Capital released its new factoring service lines specifically designed for oilfield service companies working the Utica and Marcellus Shales in Ohio, Pennsylvania and West Virginia.
Universal Funding Corporation announced it completed four recent factoring transactions totaling $1.7 million.
Summit Financial Resources funded over $8 million in credit lines to companies across the country.
J D Factors provided a $300,000 factoring facility to a transportation company in Wisconsin.