North Mill Capital Provides $10MM A/R Facility to GMT
North Mill Capital has funded a $10 million accounts receivable and inventory credit facility for GMT, an Iowa-based manufacturer.
North Mill Capital has funded a $10 million accounts receivable and inventory credit facility for GMT, an Iowa-based manufacturer.
TAB Bank provided $145,000 in TAB FAST funding for two trucking companies. This program enables approval and funding in as little as 24 hours.
Penfund has completed an incremental $7.5 million second lien term facility for Pediatric Services Holding operating as PSA Healthcare.
Crestmark secured a total of $11.4 million in financial solutions for seven new clients in the first half of February.
Paragon Financial Group provided three new non-recourse accounts receivable financing credit facilities totaling $2.25 million.
Utica Leaseco completed a new $2.5 million capital lease transaction for a construction equipment rental company in New Orleans.
Gulf Coast Business Credit funded 15 new accounts receivable factoring and asset-based lending relationships during the month of January.
Bibby Financial Services Canada provided Vancouver-based coffee product company, Espro, with a factoring facility which enabled the company to expand its customer base and product line.
Triumph Healthcare Finance will provide Creative Solutions in Healthcare with a $20 million asset-based working capital facility to support the company’s liquidity needs.
Gulf Coast Business Credit funded a $500,000 working capital facility to an Oklahoma-based manufacturer that was referred by a community banker.