Capital Now Closes Two Transactions Totaling $350K
Capital Now completed two account receivable facilities for a total of $350,000.
Capital Now completed two account receivable facilities for a total of $350,000.
Marrone Bio completed a $13 million expansion of its existing accounts-receivable credit facility, which now totals $20 million, and added a $3 million inventory-backed credit facility,
Versant Funds provided a $3 million non-recourse factoring facility to a growing uniform manufacturer based in the Northeast.
CapitalPlus Construction Services company funded more than $5.34 million in factoring facilities in December.
Amerisource Business Capital closed a $2 million revolving credit facility for a utility contractor based in the upper Midwest.
J D Factors completed 10 factoring facilities for a total of $2.32 million.
Crestmark provided $48.4 million in financing to 93 businesses in the second half of December, including $2 million in ABL funding.
InterNex Capital provided a $750,000 credit facility to a company that manufactures and distributes licensed athletic equipment.
Celtic Capital provided $3.75 million in financing to a California-based distributor of contract manufactured electrical testing devices.
Encina Business Credit has provided a $10 million senior secured credit facility to a provider of oilfield equipment and services.