Sallyport Provides $500K Facility to Services Firm
Sallyport Commercial Finance provided a $500,000 accounts receivable facility to an oilfield services company.
Sallyport Commercial Finance provided a $500,000 accounts receivable facility to an oilfield services company.
Coral Capital Solutions provided a $6 million accounts receivable factoring facility to Cimarron Underground, a Kansas-based energy services contractor.
Crestmark secured a total of $26.627 million in financial solutions for 22 new clients in the second half of April 2018.
Celtic Capital provided a $2.5 million accounts receivable line of credit and a $350,000 capital expenditure facility to an Arizona-based snack food manufacturer.
J D Factors provided six new factoring facilities totaling $1.44 million the week of April 23, 2018.
Sallyport Commercial Finance provided a $2 million accounts receivable facility to a strategic casino and gaming marketing firm.
North Mill Capital provided a $1.5 million factoring facility to TexStar, a supplier of merchandise to the casino industry.
mBank Business Credit provided a $750,000 asset based line of credit on accounts receivable to an Illinois-based manufacturer for the print and converting industries.
Hitachi Business Finance, a division of Hitachi Capital America, completed five syndicated transactions and provided two A/R financing facilities for a total of $74.2 million.
Alleon Healthcare Capital closed a $1 million medical accounts receivable financing facility with a diagnostic laboratory in Austin, TX.