In a roundtable discussion focused on chief credit officers, panelists from Edge Capital, Horizon Technology Finance, SLR Business Credit, Marco Financial and Wingspire Capital discuss the important role of the CCO and how they are leading credit teams through the economic turbulence of 2022.
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 hired Sabrina Teichman as chief growth officer and Prajwal Manalwar as chief product officer. Teichman joined after serving as managing director for the DFC and Manalwar joined after a career at PayPal.
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.
Marco Financial established a $750,000 factoring facility for a New York-based staffing company specializing in providing law firms with temporary legal personnel.