Next In Natural, a Brooklyn, NY-based boutique strategic business development and marketing organization specializing in natural and organic consumer packaged foods, completed a $2 million factoring facility with Marco.
Barry Kastner has made a career out of sourcing, negotiating and closing deals. In his newest endeavor at Marco Financial, Kastner is bringing his ‘artful’ approach to the trade finance and financial technology world.
Marco Financial completed eight recent financing transactions totaling $28.1 million, including $10 million for a Canadian distributor of COVID-19 testing kits.
Marco Financial closed a $4 million asset-based lending deal for Hayden Products, a distributor of cosmetics and related products, including soaps and dental floss, sold to mass retailers and boutiques in the United States and Canada.
Marco Financial closed an $11.5 million asset-based lending/purchase order financing deal with MV Communications Group, an international electronics and accessories distributor based in Doral, FL.
Marco Financial, a Miami-based financial technology and trade finance company, added Chip Scoggins, Carlos M. Herrera and William C. Avedon to its business development team.
Marco Financial established a factoring facility for a processor and marketer of Persian limes grown and processed on farms located in the company’s Veracruz, Mexico, facility and distributed from its facility in Pharr, TX.
For its next monthly livestream event of 2021, ABF Journal will gather a panel of experts from Gerber Finance, Marco Financial and PNC Business Credit to discuss the evolving art of business development on April 29 at 3 p.m. EST.
Marco Financial established a $600,000 factoring facility for a New York-based staffing company that provides temporary personnel to global technology firms.
Marco Financial delivered a $2 million expandable receivables-based finance facility for a Midwestern domestic distributor of personal protective equipment.