Commercial Finance Partners Provides $500K Revolver to Oil and Gas Service Provider
Commercial Finance Partners provided a $500,000 revolving credit facility to an oil and gas service provider.
Commercial Finance Partners provided a $500,000 revolving credit facility to an oil and gas service provider.
Jeff Cosgrove joined Commercial Finance Partners as a senior vice president of business development. Cosgrove has a financing background that includes experience with asset-based lending, private equity and structured finance.
Commercial Finance Partners recently closed six new SBA 7a facilities totaling $989.4 million.
Commercial Finance Partners closed a $2 million asset-based loan for a national prescription drug supplier headquartered in Michigan. The borrower sought out Commercial Finance Partners to provide a solution that would have fewer restrictions and increased availability for growth.
Commercial Finance Partners was named one of the Inc 5000 Series Fast Growing Companies in Florida for 2020. The company was named the 144th fastest growing company based on increases in revenue and performance from 2016 to 2019.
Commercial Finance Partners has set a new record in 2019 by facilitating more than $117 million in new SBA loans for 2019.
Commercial Finance Partners added Kevin Soles to manage business development efforts in the Northeast.
Commercial Finance Partners facilitated over $23 million in 16 SBA loan closings in December 2018.
Oleg Reznik joined Commercial Finance Partners as head of Real Estate Lending.
Commercial Finance Partners closed five SBA 7a term loans in August for a funding total of $9 million.