Summit Closes Eleven Transactions Totaling $12 Million
Summit Financial Resources funded over $12 million in credit lines to companies in every region across the country.
Summit Financial Resources funded over $12 million in credit lines to companies in every region across the country.
Southeastern Commercial Finance announced it has closed two transactions totaling $2.8 million.
J D Factors announced it completed four transactions totaling $4.85 million.
Registration is now open for the International Factoring Association
United Capital Funding announced the hiring of George C. Horvat as a senior business development officer. Horvat will lead and manage United Capital Funding’s Midwest office in Cleveland.
Gateway Trade Funding announced that Mark Polinsky has joined the company as a principal, senior vice president to help grow Gateway’s Purchase Order business.
Graystone Capital announced its acquisition of Island Factors. Island Factors will continue to provide factoring services from its headquarters in the state of Washington. William Narez, Jr. will remain president of Island Factors, which will be a wholly owned subsidiary of Graystone.
J D Factors announced it completed five transactions totaling $900,000.
The Singing Machine Company announced it has secured a factoring and loan agreement with Crestmark Bank. The terms of the agreement will provide the company with up to $5 million in accounts receivable financing.
RMP Trade Credit announced it closed three transactions totaling $1.5 million.