Amerisource Business Capital announced the closing and funding of a $1 million credit facility for a steel fabrication company based in Texas. Proceeds of the facility are being used for growth capital.Daniel Martinez, Regional Market Manager for...
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March 29, 2019, 08:55 AM
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Universal Stainless & Alloy Products, Inc. announced that it has entered into an amended and restated five-year $120 million asset-based lending (ABL) credit agreement with PNC Bank, National Association. The new agreement increases the maximum line...
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August 07, 2018, 07:12 AM
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Tree Island Steel Ltd. announced that it has successfully renewed its senior banking facility on more favorable terms with Wells Fargo Capital Finance Corporation Canada. The five year Senior Secured Revolving Facility has been increased to $80...
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July 06, 2018, 07:00 AM
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Bibby Financial Services (BFS) announced a new funding relationship with the U.S.-based subsidiary of an international company headquartered in Australia. The client, a manufacturer of large steel products used by the construction, mining and oil &...
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January 17, 2018, 07:05 AM
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Olympic Steel Inc., a national metals service center, announced that it has entered into an amended and restated five-year loan and credit agreement. The amended and restated facility, led by Bank of America as agent bank, replaces the Company’s...
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December 13, 2017, 07:40 AM
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Citizens Bank announced that Citizens Commercial Banking has led $57.5 million in financing for Ipswich-based United Pipe and Steel Corp., an independent master distributor of steel pipe, copper tubing, plastic pipe, electrical conduit and related...
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November 06, 2017, 07:17 AM
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Encina Business Credit, LLC (EBC) announced that it has provided a $12 million senior secured credit facility to a distributor of specialty steel products based in the southern U.S. The financing, which is comprised of a revolving line of credit and...
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September 18, 2017, 07:23 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $9,257,000 senior credit facility to Valley City, Ohio-based Boehm Pressed Steel Company. Founded in 1918, Boehm is a manufacturer of custom metal...
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May 03, 2017, 07:10 AM
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