Ocean Bank Closes $5MM Factoring Facility with Recycled Paper and Cardboard Distributor
Ocean Bank’s factoring division closed and funded a $5 million factoring facility for a distributor of recycled paper and cardboard.
Ocean Bank’s factoring division closed and funded a $5 million factoring facility for a distributor of recycled paper and cardboard.
Ocean Bank’s factoring division financed a $1 million factoring facility for an automotive and industrial belt manufacturing company.
Ocean Bank’s factoring division funded a $5 million factoring facility for an importer and distributor of Hispanic food brand products.
Ocean Bank’s factoring division has financed a $6 million factoring facility to a provider of IT services to media and entertainment companies.
Ocean Bank promoted two veteran bankers: Eddie Diaz has been named senior vice president and head of Corporate Lending, and Rogelio Villarreal was named senior vice president and head of Commercial Lending.