Business Capital added Matt Christensen as senior vice president and team lead. Christensen has more than 25 years of experience and has served at GE Capital, Bank of America/Merrill Lynch, Opus Bank, Bridge Bank and City National Bank.
Business Capital structured and delivered an $8 million asset-based credit facility to a full-service supplier of snack foods and general merchandise throughout the U.S.
Business Capital delivered a $6 million term loan to the Vezer Family Trust, an entity which owns, among other things, an estate winery and vineyard in California.
Business Capital delivered financing to New Zealand-based car rental company JUCY Group. The new credit facility will fund JUCY’s strategic expansion plan, beginning with the purchase of additional vehicles.
Business Capital delivered a working capital facility to the U.S. operations of Kellton Tech Solutions, a worldwide IT solutions company based in India.
Business Capital structured and secured $10 million of mezzanine financing for the largest independent fabricator and installer of steel bar products and post-tension cables in California and Nevada.