Specialty finance company Veritas Financial Partners closed a $9 million credit facility for Integrated Equipment, a global designer, manufacturer and distributor of equipment for oilfield services clients.
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 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 Financial Partners agented a $35 million asset-based revolving credit facility, syndicated with IDB Bank, for Direct Source Seafood.
Specialty finance company Veritas Financial Partners closed a $10 million accounts receivable financing facility in partnership with Prestige Capital.
Veritas Financial Partners closed a $3 million asset based revolving credit facility for Columbia Systems International of South Carolina.
Veritas Financial Partners closed a $3 million credit facility for Hammond Electronics to refinance their existing senior debt and provide additional working capital.