Rosenthal Closes $50MM Factoring Facility with Textiles Company

Rosenthal & Rosenthal completed a $50 million factoring deal, including a $15 million financing facility, for a New Jersey-based home textiles company.

FSW Closes $5.MM L/C for Staffing Firm

FSW Funding completed a $5 million credit line, including an accordion feature, to a California-based staffing company.

Capital Now Provides $100K Facility to Beauty Supply/Spa

Capital Now provided a $100,000 factoring facility to a beauty supply and spa business.

Crestmark Completes 62 Transactions Totaling $14.4MM

Crestmark provided more than $14.4 million in commercial financing to 62 businesses in the first half of June 2019.

Republic Provides $2.75MM Facility for Printing Company

Republic Business Credit partnered with a leading turnaround consulting firm to support a 28-year-old commercial printing company by providing a $2.5 million ledgered line of credit and a $50 million PO facility.

King Trade Upsizes Telecom Clients PO Facility to $13MM

King Trade Capital expanded a finance relationship with an existing client in the telecom business, increasing its facility to $13 million.

Citibank Provides $5.2MM A/R Facility for Polar Power

Polar Power received $5.2 million in connection with the sale of certain accounts receivable to Citibank to support the company’s working capital needs.

InterNex Provides $1.5MM L/C to Medical Supply Manufacturer

InterNex Capital provided a $1.5 million facility to a medical equipment manufacturer.

CapitalPlus Closes Five Transactions Totaling More Than $1.7MM

CapitalPlus Construction Services completed five transactions totaling $1.709 million in May and June.

Utica Leaseco Provides Over $2MM to Chemical Processing Company

Utica Leaseco provided a $2,150,000 capital lease to a chemical processing company in Northern California.