CIT Northbridge Credit, as advised by CIT Asset Management LLC, served as sole lead arranger on a $50 million credit facility for Intermetal Rebar LLC. Headquartered in Miami, Florida, Intermetal Rebar is a leading importer and distributor of...
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August 17, 2021, 08:20 AM
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When a Los Angeles apparel manufacturing and import company sought funding for their 2020 Holiday season orders, they chose Republic Business Credit to accelerate their growth. Republic approved a traditional factoring facility to fund their...
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November 18, 2020, 08:35 AM
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North Mill Capital provided a $4,000,000 Asset Based Revolving Line of Credit to Tropical Aquaculture Products, Inc., an importer and distributor of fresh seafood headquartered in Rutland, Vermont.The funds were utilized to pay off the current bank...
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October 05, 2020, 08:59 AM
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When a Los Angeles apparel manufacturing and import company sought funding for their 2020 Fall and Winter orders, they chose Republic Business Credit to fuel their growth. Republic approved a scalable traditional facility to support their expected...
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September 22, 2020, 09:05 AM
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Veritas Financial Partners (Veritas), a leading specialty finance company, announced the closing of an accounts receivable and purchase order finance facility in partnership with Brookridge Funding (Brookridge), a provider of purchase order finance...
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King Trade Capital announced it has established a trade finance facility for a Florida based company that develops, manufactures and sells action figures to various large U.S. retailers.
KTC was introduced to the 9 year old company through a...
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November 07, 2018, 07:08 AM
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Veritas Financial Partners, a leading specialty finance company, announced the closing of a trade finance facility in partnership with Brookridge Funding, a provider of purchase order finance solutions in the United States and Canada
The facility...
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September 25, 2018, 07:24 AM
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Sterling National Bank provided an undisclosed amount of senior secured credit facilities to Jay Import Company, Inc.
Founded in 1950, Jay Import is an importer and nationwide distributor of fine and casual dinnerware: crystal stemware, table...
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August 24, 2018, 07:08 AM
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Santander Bank announced that its asset-based lending team has closed a $30 million senior-secured revolving line of credit with Bonamar Corporation, one of the leading importers, processors and distributors of crabmeat and seafood products. Michael...
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February 22, 2017, 08:03 AM
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King Trade Capital has established a supply chain finance facility for a small family-owned business based in California. The company imports portable event seating customized for professional and amateur sporting events. KTC expects to provide...
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King Trade Capital announced the recent funding of a $1.75 million purchase order finance facility for a California based importer of wireless climate control devices. King Trade Capital was contacted by an asset-based lender in order to help an...
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February 05, 2016, 07:33 AM
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King Trade Capital announced it has provided a $1.2 million purchase order finance facility. The client imported goods from a single supplier in China that had been producing the same goods for five years. Payment terms with the supplier had...
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September 28, 2015, 07:26 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $3 million export accounts receivable facility to a multinational garment exporter headquartered in Hong Kong with a...
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King Trade Capital (KTC) announced the recent funding of a $1.5 million purchase order finance commitment for a European-based importer of toys and games. After opening a subsidiary in the U.S. the importer started landing a series of increasingly...
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August 12, 2014, 07:09 AM
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