Graystone Provides Acquisition Financing to Distributor
Graystone Capital, via its asset-based lending arm, announced the issuance of a $3.6 million revolving line of credit to a CA-based distribution company.
Graystone Capital, via its asset-based lending arm, announced the issuance of a $3.6 million revolving line of credit to a CA-based distribution company.
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.
Veritas Financial said it has provided a $9.8 million credit facility, encompassing a senior secured revolver and term loan, to a supplier of engineered metal products.
Lighthouse Financial recently closed four transactions totaling $6.33 million.
Manhattan Bridge Capital said its revolving line of credit with Sterling National Bank was increased to up to $5 million, $1.5 million more than the previous limit.
Marquette Business Credit said it has provided CSS Distribution Group with a revolving line of credit.
American Bio Medica entered into an agreement with Imperium Commercial Finance Master Fund that provides the company with a secured revolving line of credit of up to $1.5 million for working capital and a $500,000 supplemental advance for new market opportunities.
Keltic Financial Services funded a $5.9 million senior secured credit facility to Abercrombie Textiles, a domestic weaver of flat woven upholstery fabric.
The Bradshaw Group, a distributor of laser printers, parts and supplies, announced the company entered into a new $2.5 million three-year revolving credit facility with Triumph Commercial Finance.
Gemino Healthcare Finance said it has provided a $4 million revolving line of credit and a $3.35 million term loan to Integra Partners, an orthotics, prosthetics and durable medical equipment network manager.