Daily News: August 14, 2017

Sterling Provides $4.6MM Facility to McCollister’s Transportation


Sterling National Bank provided a credit facility totaling $4.6 million to McCollister’s Transportation, a privately held, full-service moving and storage company, headquartered in Burlington, NJ.

With 16 locations across the U.S., McCollister’s owns and operates a service fleet of more than 1,000 pieces of equipment to support its customers’ transportation and warehouse needs.

“McCollister’s has been a valued client since 2012. We are very pleased to provide them with an additional line of credit, as well as extend the current loan maturation in order to accommodate their needs,” said Michael Haddad, president of Sterling National Bank’s ABL Division.