Crestmark Tops $32.5MM in Financing in H2/November

Crestmark provided more than $32.5 million in commercial financing to 95 businesses in the second half of November 2019.

Lawrence Financial Closes $75MM in Fundings in Q2 & Q3

Lawrence Financial closed $75 million in fundings in the second and fourth quarters of 2019.

Pinnacle Provides $995K Facility to Aerospace Company

Pinnacle Capital Finance has funded a $995,000 accounts receivable line of credit for a company that manufactures casings, sheet metal and extruded products for the aircraft, military and space industry.

Crestmark Tops $40.1MM in Funding to 92 Firms

Crestmark provided more than $40.1 million in commercial financing to 92 businesses in the first half of November 2019.

Austin Provides $5.5MM Facility to OEM Supplier

Austin Financial Services closed a $5.5 million accounts receivable and inventory revolver and M&E term loan to a tier 1 OEM supplier of plastic and metal components located in the Southeastern U.S.

BFS Canada Provides $1.8MM Facility to Emergency Relief Company

Bibby Financial Services provided a $1.8 million factoring facility to an emergency relief restoration services company,

Utica Leaseco Provides $750K Facility to Medical Company

Utica Leaseco provide a $750,000 true lease secured by machinery and equipment to a medical company based in California.

Cogent Bank Specialty Lending Tops $45MM in New Transactions

Cogent Bank’s Specialty Lending Group has closed more than $45 million of transactions involving new relationships thus far in 2019.

Rosenthal Provides $1MM PO Facility for Women’s Footwear Designer

Rosenthal & Rosenthal completed a $1 million inventory production finance deal for a well-known designer and importer of women’s footwear.

Tradewind Closes $2.5MM Facility for Sustainable Homewares Firm

Tradewind has closed a $2.5 million trade finance facility for a company based in China and the U.S. that sells sustainable, ecologically sourced, and manufactured homewares.