Crestmark provided more than $43.9 million in commercial financing to 78 businesses in the first half of April 2019.
Rosenthal Closes $80MM Factoring Deal for Apparel Firm
April 17, 2019
Rosenthal & Rosenthal’s West Coast team completed a $80 million factoring deal that includes an $8 million financing facility to support a Los Angeles-based apparel company’s growing sales program with its retail customers.
Mizuho Agents $125MM A/R Facility for Colliers International
April 16, 2019
Colliers International Group established a structured accounts receivable facility to further diversify its capital structure. Mizuho served as administrative agent for the transaction.
B. Riley FBR Serves as Lead Arranger on $150MM Babcock & Wilcox Loan
April 8, 2019
B. Riley FBR, a full service investment bank and wholly-owned subsidiary of B. Riley Financial, has entered into a credit agreement with Babcock & Wilcox Enterprises, a global supplier of energy and environmental technologies and services which has been in operation for more than 150 years. B. Riley FBR served as lead arranger for a $150 million secured financing via a last out term loan for B&W.
Rosenthal Provides $4.5MM P/O Facility for New York-based Importer
April 4, 2019
Rosenthal & Rosenthal recently completed a $4.5 million inventory production finance deal for an importer of recreational sporting products.
Crestmark Provides $31MM+ in Financing in H2/March
April 3, 2019
Crestmark provided more than $31 million in commercial financing to 42 businesses in the second half of March 2019.
MidCap Financial Provides Cerus with Term Loan and Revolver
April 2, 2019
Cerus has closed a new debt facility with MidCap Financial (MidCap) which is expandable up to $90 million. The debt facility consists of a staged $70 million term loan and a $5 million revolving line of credit, expandable up to $20 million.
Rosenthal Provides $1.6MM P/O Facility to Accessories Company
March 26, 2019
Rosenthal & Rosenthal completed a $1.6 million purchase order financing facility to support the production financing requirements of a New York-based accessories company.
Sallyport Customizes $1.5 A/R Facility for Natural Sweetener Company
March 25, 2019
Specialty finance company Sallyport Commercial Finance funded a $1.5 million accounts receivable facility, including a $500,000 cash flow loan, for a company that provides its customers with a catalog of natural sweetener alternatives.
J D Factors Funds $1.35MM in Facilities for Seven Clients
March 25, 2019
J D Factors provided $1.35 million in factoring facilities to seven clients the week of March 18, 2019.
