Versant Funds $3MM Factoring Facility to Uniform Manufacturer
Versant Funding provided a $3 million non-resource factoring facility to a growing uniform manufacturer based in the Northeast.
Versant Funding provided a $3 million non-resource factoring facility to a growing uniform manufacturer based in the Northeast.
Celtic Capital completed a $1.4 million accounts receivable line of credit for aa California-based company that sells fresh and frozen seafood to wholesale and retail customers.
Sallyport Commercial Finance arranged a $1 million accounts receivable facility for a hi-tech camera supplier in the perimeter surveillance industry.
Crestmark secured a total of $12 million in ABL financial solutions for five new clients in the first half of January.
Bibby Financial Services (BFS) North America extended $4.9 million in financing to new clients in 2020.
Rosenthal & Rosenthal completed a $1.8 million purchase order finance commitment to support the production financing requirements of a family owned and operated outerwear company based in Massachusetts.
Iron Horse Credit has completed a $12 million stand-alone inventory facility to a plant nursery and distributor that primarily sells to home and hardware stores, big box retailers and grocery stores.
Sallyport Commercial Finance arranged a $9 million credit facility comprised of A/R, inventory and real estate lines to a wholesaler and distributor of outdoor apparel and other accessories.
Alleon Healthcare Capital closed a $1.5 million medical accounts receivable factoring facility with a home infusion pharmacy in New Jersey.
Tradewind Finance has completed a $1 million non-recourse factoring facility for a packaging manufacturer in the UAE that primarily sells to domestic big names.