Specialty finance company Veritas Financial Partners closed a trade finance facility in partnership with Brookridge Funding to a New Jersey-based importer of recreational equipment.
Veritas Provides Inventory Line to Colonna Brothers
Veritas Financial Partners added a new incremental inventory line to Colonna Brothers’ existing $7.5 million credit facility, allowing the company to borrow against both raw materials and finished goods.
Veritas Agents $35MM ABL for Direct Source Seafood
Veritas Financial Partners agented a $35 million asset-based revolving credit facility, syndicated with IDB Bank, for Direct Source Seafood.
Veritas, Prestige Provide $10MM Facility to Architectural Manufacturer
Specialty finance company Veritas Financial Partners closed a $10 million accounts receivable financing facility in partnership with Prestige Capital.
Veritas Closes Five Transactions Totaling $27.5MM
Veritas Financial Partners closed five transactions totaling $27.5 million over the course of three months.
Veritas Provides $7.5MM Facility for Colonna Brothers
Veritas Financial Partners closed a $7.5 million credit facility for Colonna Brothers in support of its future growth.
Veritas Leads $25MM Facility for BSD Capital
Veritas Financial Partners closed a $25 million credit facility for BSD Capital, a Bloomfield Hills, MI-based investment manager.
Veritas Financial Provides $3MM Revolver for Columbia Systems
Veritas Financial Partners closed a $3 million asset based revolving credit facility for Columbia Systems International of South Carolina.
Veritas Financial Provides Facility for Hammond Electronics
Veritas Financial Partners closed a $3 million credit facility for Hammond Electronics to refinance their existing senior debt and provide additional working capital.
Veritas Provides $16MM Revolver for Chicago American Manufacturing
Veritas Financial Partners closed a $16 million asset-based revolver and term loan credit facility for Chicago American Manufacturing.