First Business Closes $1.5MM AR Facility for Computer Equipment Firm
First Business Growth Funding closed a $1.5 million accounts receivable purchase facility for a former client – a wholesaler of computer equipment and office accessories.
First Business Growth Funding closed a $1.5 million accounts receivable purchase facility for a former client – a wholesaler of computer equipment and office accessories.
Pinnacle Capital Finance has provided a $900,000 accounts receivable line of credit to a commercial and digital printer located in Oregon.
Crestmark provided more than $32.5 million in commercial financing to 95 businesses in the second half of November 2019.
Lawrence Financial closed $75 million in fundings in the second and fourth quarters of 2019.
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 provided more than $40.1 million in commercial financing to 92 businesses in the first half of November 2019.
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.
Bibby Financial Services provided a $1.8 million factoring facility to an emergency relief restoration services company,
Utica Leaseco provide a $750,000 true lease secured by machinery and equipment to a medical company based in California.
Cogent Bank’s Specialty Lending Group has closed more than $45 million of transactions involving new relationships thus far in 2019.