Fifth Third Business Capital arranged an $8 million revolving credit facility for Alabama-based HB&G Building Products, a portfolio company of Graham Partners that manufactures specialty millwork for new construction.
Fifth Third Business Capital provided an $8.5 million senior credit facility for Columbus, OH-based BlastOne International, a privately held company specializing in the provision of products and services to the corrosion control industry throughout the North American and Asia Pacific regions.
Fifth Third Business Capital acted as lead lender and administrative agent on a new senior credit facility of up to $25 million for San Diego-based Performance Designed Products, a designer and manufacturer of licensed accessories for video game platforms.
Fifth Third Business Capital served as lead lender and administrative agent on a $13 million senior credit facility to facilitate the acquisition of Donnelly Custom Manufacturing by Akoya Capital Partners.
Since the days when tall ships carried cargo across dangerous seas, underwriters have assessed the risks involved before signing off on financial transactions. While the nature of the risks may have changed, underwriters still conduct thorough due diligence to evaluate a company’s stability and the state of the collateral before deals are closed.
ABF Journal contributor Lisa Miller speaks with three underwriters to learn exactly how
they make those evaluations and which signs point to a successful outcome.
MB Business Capital announced the appointment of Ellen Cook at SVP, director of Collateral Risk Management and Reporting, and the promotion of Jeff Seiden to SVP, director of ABL Underwriting.