News

JD Factors provided $1.62 million in factoring facilities for seven companies the week of February 25, 2019.

Online lender OnDeck named All Clear Plumbing its Small Business of the Month for February 2019. The nine-person company is the first small business in the State of New Jersey to receive the OnDeck award.

Commercial Credit and BDT Capital Partners closed the their previously announced equity investment. The transaction will give BDT a majority equity stake in one of the largest independent commercial finance companies in the U.S.

Berkshire Bank launched its newly re-designed website. Developed in collaboration with ZAG Interactive, the new site will improve the user experience by being more consumer-focused and easier to navigate.

J. Scott Victor, managing director of SSG Capital Advisors, was named an Influencer of Finance in the Investment Banking category by The Philadelphia Inquirer.

First Business Capital recently closed and funded a $5.9 million credit facility for a machine parts manufacturer in California.

Bridge Bank extended a credit facility to SteelHouse, an advertising technology company and the first self-serve platform with AI technology that automates advertising to achieve the best outcome.

Construction Finance provided a $250,000 credit facility to a commercial painter in Louisiana.

White Oak Business Capital hired Carol Apicella as senior vice president and senior business development officer. Apicella will be responsible for expanding the firm’s markets in the Northeast and Mid-Atlantic.

Broadwind Energy increased its credit line with CIBC, USA to $35 million, and extended the term of the facility for 3 years.