First Capital Provides $4MM to Meat, Poultry Distributor
First Capital provided a $4 million working capital facility to a Northeast distributor of packaged meat and poultry to hotels, restaurants, specialty markets and gourmet grocers.
First Capital provided a $4 million working capital facility to a Northeast distributor of packaged meat and poultry to hotels, restaurants, specialty markets and gourmet grocers.
First Capital provided a $9 million working capital facility to a manufacturer of generators. The new facility consists of a revolving line of credit collateralized by accounts receivable and inventory.
First Capital said it has provided a $3 million revolving line of credit to Master Tile Network.
First Capital provided a $13.5 million asset-based senior credit facility to a distributor of automotive accessories. The facility is collateralized by accounts receivable and inventory.
First Capital provided $16.6 million in credit facilities to Lee Masonry Products, a distributor and manufacturer of concrete masonry products for residential and commercial construction. The facility consists of a $12 million working capital revolver and $4.6 million in term loans.
First Capital provided a $6.8 million ABL to Valley Oil Company. The facility consists of a working capital revolver secured by accounts receivable and inventory.
First Capital provided an $8.5 million asset-based senior credit facility to a manufacturer of outdoor and specialty signs. The facility is collateralized by accounts receivable and inventory.
First Capital provided a $13 million accounts receivable purchase facility to the US subsidiary of a global specialty chemicals manufacturer. The facility is in the form of a non-notification factoring agreement.
First Capital announced it has provided a $6.85 million credit facility, encompassing a $6.5 million revolver and a $350K term loan, to a manufacturer of custom store fixtures for the grocery and specialty retail markets.
First Capital provided an $8.5 million accounts receivable-backed revolving line of credit to a new client that manufactures fruit juices and cocktail mixes served to guests of institutional and commercial establishments.