Orders of manufacturing technology dipped slightly in May 2022 to $441.2 million, according to the latest U.S. Manufacturing Technology Orders Report published by AMT – The Association For Manufacturing Technology. May orders were down 14 percent...
view press release
July 25, 2022, 06:00 AM
|
U.S. Manufacturing Technology Orders totaled $437.9 million, an increase of 16.1 percent over February 2021 and an increase of 41.6 percent over March 2020, according to the latest U.S. Manufacturing Technology Orders report published by AMT – The...
view press release
May 14, 2021, 08:00 AM
|
Business Capital delivered a Term Loan to Wagner Die Supply, a family-run company that has been providing high-quality products for the die-cutting industry for 7 decades. Wagner manufactures punches and die storage systems, as well as distributes...
view press release
March 12, 2019, 08:00 AM
|
Republic Business Credit supported a second generation family manufacturing business to refinance away from a restrictive non-bank asset based lender that was unwilling to support the turnaround management efforts of the recently appointed CFO....
view press release
February 06, 2019, 08:00 AM
|
Peter Lowney, President, announced that First Business Capital Corp. recently closed and funded a $5,900,000 credit facility, including a revolving line of credit and equipment term loan for a machine parts manufacturer in California.
First Business...
view press release
February 01, 2019, 09:00 AM
|
Pathlight Capital announced it is serving as the ABL Term Loan Agent on a $10 million first and second lien term loan facility to Manhattan Beachwear Inc., a designer and supplier of women’s swimwear serving all levels and channels of distribution in...
view press release
January 29, 2019, 08:00 AM
|
Allied Affiliated Funding, a division of Axiom Bank, N.A., announced the following recently closed transactions:
$2,500,000 in Receivables Financing to a Texas-based based, woman-owned business that designs and manufactures BBQ grills, selling to...
view press release
January 23, 2019, 07:00 AM
|
Manufacturing technology orders totaled $467 million in October, capping a three-month total of $1.6 billion since August. That sum represents the largest three-month total since April 1998. The $4.5 billion year-to-date sum is up an impressive 24...
view press release
December 11, 2018, 08:00 AM
|
Bibby Financial Services (BFS) funded a $10 million asset-based lending facility to a manufacturing and distribution company that develops, markets and distributes premium vitamins and supplements. The company chose BFS as its lender because of their...
view press release
December 05, 2018, 08:01 AM
|
TAB Bank announced it has provided a $2.5 million asset-based revolving credit facility for a manufacturing company located in Georgia. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working...
view press release
October 23, 2018, 07:00 AM
|
Private equity firm Auxo Investment Partners announced that it has partnered with the Rink family with its investment in Prestige Stamping, Inc., a Michigan-based high-speed niche manufacturer of custom engineered stampings for the fastener industry....
view press release
October 19, 2018, 09:00 AM
|
TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF) announced that it provided secured financing to support Cathay Capital Private Equity (Cathay Capital) and its portfolio company Innovative...
view press release
September 04, 2018, 07:00 AM
|
Gibraltar Business Capital recently closed a $1.5 million line of credit facility for Lehr Holdings. Located in Stanley, North Carolina, Lehr Holdings is a leading manufacturer of propane-powered products addressing the marine, lawn & garden and...
view press release
August 10, 2018, 08:00 AM
|
Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Michigan-based manufacturer and distributor of component parts for heavy equipment. Proceeds of the facility were used to refinance existing bank...
view press release
July 16, 2018, 07:00 AM
|
MidCap Financial announced it has provided a senior secured credit facility to Lux Global Label Company, LLC, a supplier of labeling solutions. The MidCap credit facility refinanced the Company’s existing indebtedness and will support the Company’s...
view press release
July 16, 2018, 07:00 AM
|
TCF Capital Funding, a division of TCF National Bank which is a subsidiary of TCF Financial Corporation (TCF), announced that it provided senior secured financing to support River Associates Investments, LP in the acquisition of Quikserv Corp.Based...
view press release
June 22, 2018, 07:00 AM
|
Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a pipe cutting and onsite assembly company in Texas. Proceeds of the facility were used to support continued business growth. Daniel Martinez, Market...
view press release
June 15, 2018, 06:59 AM
|
Pacific Mercantile Bank announced that it has provided the financing to support Vopne Capital's equity investment in RatPac Dimmers, the leading manufacturer of lighting control and power distribution products for the motion picture and entertainment...
view press release
May 29, 2018, 08:00 AM
|
Amerisource Business Capital announced the closing and funding of a $2,000,000 credit facility for a pump manufacturing Company in Utah. Proceeds of the facility were used to refinance existing debt and provide capital for future expansion. Danilo...
view press release
May 16, 2018, 08:00 AM
|
When an international factoring company was unable to keep up with their clients ongoing growth projections, Republic Business Credit replaced their higher cost facility with a ledgered receivables line of credit. The consumer goods manufacturer...
view press release
May 08, 2018, 07:00 AM
|
Monroe Capital LLC announced it acted as sole lead arranger and administrative agent on the funding of a senior credit facility to support the recapitalization of Hastings Manufacturing Company by private equity sponsor, RFE Investment...
view press release
May 03, 2018, 08:01 AM
|
Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a grease and lubricant manufacturer in Texas. Proceeds of the facility were used to support working capital and business growth. Allison Billings...
view press release
May 03, 2018, 08:00 AM
|
Lighthouse Financial Corp announced the completion of a $2,750,000 Revolving Line of Credit to a Florida based developer, manufacturer and distributor of PC peripherals, accessories and networking products.
Through strategic partnerships in the IT...
view press release
April 27, 2018, 07:00 AM
|
An Illinois based manufacturer for the Print and Converting industries received an $750,000 asset based line of credit on its accounts receivable from mBank Business Credit the Asset Based lending division of mBank. The firm was looking for a new...
view press release
April 25, 2018, 07:00 AM
|
NXT Capital announced that it has provided a senior secured credit facility to support May River Capital’s acquisition of The Dickson Company. NXT Capital acted as the Sole Lead Arranger, Administrative Agent and Sole Bookrunner for this...
view press release
April 16, 2018, 08:00 AM
|
MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $4,900,000 senior credit facility to Gallatin, Missouri-based Landmark Manufacturing Corporation. Landmark, founded in 1953, is a third-generation family...
view press release
April 11, 2018, 08:01 AM
|
TAB Bank announced it has provided a $3 million asset-based revolving credit facility for a lighting manufacturing company located in Florida. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing...
view press release
April 10, 2018, 08:00 AM
|
MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $4,900,000 senior credit facility to Gallatin, Missouri-based Landmark Manufacturing Corporation. Landmark, founded in 1953, is a third-generation family...
view press release
April 04, 2018, 08:00 AM
|
Lighthouse Financial Corp. announced the completion of a $3,000,000 Revolving Line of Credit to a North Carolina based designer, manufacturer and distributor of personal flotation devices, footwear, and other outdoor products.
Founded in 2002, the...
view press release
March 30, 2018, 08:00 AM
|
Sallyport Commercial Finance provided a $7,000,000 Accounts Receivable credit facility to a company that develops outdoor cooling products to manage hot weather conditions.Founded by a group of army veterans, this business provides commercial grade...
view press release
March 26, 2018, 07:00 AM
|
TradeCap Partners recently established a $3 million supply chain finance facility for a Texas based lighting and fixture manufacturer. The company designs lighting displays and fixtures for the largest retail chains in the U.S. and manufactures them...
view press release
March 13, 2018, 07:00 AM
|
An Ohio based provider for Inspection and Quality services in the manufacturing sector received an $1,400,000 asset based line of credit on its accounts receivable from mBank Business Credit the Asset Based lending division of mBank.
The firm was...
view press release
March 07, 2018, 07:00 AM
|
North Mill Capital provided a $2,000,000 Asset Based Credit Facility to International Rollforms in Sewell, New Jersey. The funding was comprised of an accounts receivable and inventory credit facility. The funds were utilized to pay off the existing...
view press release
February 09, 2018, 07:15 AM
|
MidCap Business Credit announced that it has completed a $9 Million Asset Based Credit Facility to B&G Manufacturing Company, Inc. Headquartered in Hatfield, PA, B&G is a 60 yr. old family owned manufacturer and distributor of precision custom...
view press release
February 06, 2018, 07:00 AM
|
TradeCap Partners recently established a $1,000,000 supply chain finance facility for a New Jersey based toy company. The company manufactures overseas and sells to wholesalers and retailers through both direct import and domestic sales programs.In...
view press release
January 24, 2018, 08:00 AM
|
Siena Lending Group LLC announced the completion of a three-year $10 million revolving credit facility for Mission Product Holdings Inc. The credit facility will be used to refinance the company’s existing senior debt and support its working capital...
view press release
January 09, 2018, 08:00 AM
|
King Trade Capital announced that it has been selected to provide the seasonal finance solution to bridge the capital needs of an iconic US brand of footwear. King Trade’s financing allows the company to manufacture the additional inventory needed to...
view press release
December 13, 2017, 07:00 AM
|
Rockland Trust announced it provided a $1 million commercial loan for Paul K. Guillow, Inc. (Guillow’s Model Airplane Company), one of the world’s largest toy airplane manufacturers. The funding will go towards helping position their business better...
view press release
December 04, 2017, 07:00 AM
|
BlackArch Partners LLC announced the sale of Breen Color Concentrates, LLC, a portfolio company of Capital Partners Holdings, Inc., to Arsenal Capital Partners.
Breen, headquartered in Lambertville, NJ, is a leading manufacturer of color, additive...
view press release
November 13, 2017, 08:00 AM
|
Stonegate Capital announced it has made a senior debt investment into the performance menswear company, Mizzen+Main.
Founded in 2012 by CEO, Kevin Lavelle, and backed by the consumer-focused private equity firm, L Catterton, the American-made brand...
view press release
November 08, 2017, 08:00 AM
|
Hilco Industrial announced that they will be managing the sale of machinery and equipment belonging to MRL Industries. Since 1962, MRL Industries has been a supplier of custom fabrications and assemblies, as well as protective enclosures used in...
view press release
October 27, 2017, 08:01 AM
|
Amerisource Funding | Amerisource Business Capital announced the closing and funding of a $500,000 asset based revolver for a manufacturer and wholesaler of men’s grooming products based in California.Established in 2012, the firm recently...
view press release
October 24, 2017, 08:01 AM
|
Sallyport Commercial Finance provided a $2 million-dollar Debtor-In- Possession facility to a company focused on the design and manufacture of ladies and children’s shoes.Founded in 2009, a second-generation shoe designer leads this family business...
view press release
October 16, 2017, 08:00 AM
|
Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp announced that the Bank’s Asset-Based Lending Group has extended a $3.5 million credit facility to Santier, a San Diego-based manufacturer. The credit facility...
view press release
October 02, 2017, 09:00 AM
|
TradeCap Partners, LLC announced it recently closed a $2.2 million production finance facility for a North Carolina producer of mattress covers. The company, a subsidiary of a large holding company, was established specifically to produce specialty...
view press release
September 27, 2017, 07:00 AM
|
Siena Lending Group LLC announced the closing of an $8.0 million credit facility for Deco Enterprises, Inc. dba Deco Lighting. The financing was completed in four weeks. The credit facility provided additional working capital to support business...
view press release
September 12, 2017, 08:00 AM
|
Economic activity in the manufacturing sector expanded in August, and the overall economy grew for the 99th consecutive month, say the nation's supply executives in the latest Manufacturing ISM® Report On Business®. The report was issued by Timothy R...
view press release
September 05, 2017, 07:00 AM
|
Ares Commercial Finance announced that it has provided a $7 million senior secured credit facility to Intense Cycles, Inc. in Temecula, CA.
The company is a boutique developer, manufacturer, and marketer of high-end mountain bikes, which are well...
view press release
June 21, 2017, 08:00 AM
|
ExWorks Capital provided $19 million in working capital financing in two recent deals. The financing includes $13 million for a manufacturing company has provided the best in satellite communication systems for military and commercial use in the USA...
view press release
June 16, 2017, 08:00 AM
|
Veritas Financial Partners announced the closing of a $3 million asset based revolving credit facility for Columbia Systems International of South Carolina Inc. Columbia Systems utilized the proceeds to refinance its existing senior debt and to...
view press release
June 02, 2017, 07:00 AM
|
The vast majority of surveyed Americans believe manufacturing plays a vital role in safeguarding U.S. economic prosperity and maintaining their quality of life, according to the 2017 Manufacturing Perceptions Survey from Deloitte and The...
view press release
May 31, 2017, 08:00 AM
|
Recently an Ohio-based non-profit firm was in need of a working capital line of credit to replace the existing facility they had with a regional bank. Mackinac Commercial Credit (MCC) met with their management team to learn more about them. MCC was...
view press release
May 26, 2017, 08:00 AM
|
MidCap Business Credit announced that it has completed a $10 million Asset Based Credit Facility to Forged Components, Inc. Headquartered in Humble, TX, Forged Components is a global leader in forging, machining, and the manufacturing of integral...
view press release
May 24, 2017, 08:00 AM
|
SSG Capital Advisors, LLC acted as the investment banker to Holliston, LLC in the sale of substantially all of its assets to an affiliate of Henry and Wallace, LLC The transaction closed in May 2017. Holliston, founded in 1893 and based in Church...
view press release
May 12, 2017, 08:00 AM
|
Diamond Business Credit announced it recently funded a $300,000 credit facility to a contract manufacturer. The company was not “bankable” due to losses attributed to a steady run off in volume combined with a lack of expertise in crisis management. ...
view press release
April 27, 2017, 08:00 AM
|
Graycliff Partners LP, an independent investment firm focusing on middle market private equity and mezzanine investments, announced it has provided subordinated debt and equity financing to Oberfields, a manufacturer and distributor of concrete...
view press release
April 10, 2017, 08:00 AM
|
Tree Line Capital Partners, LLC, a direct lender focused on the lower middle market, provided a first lien credit facility and equity co-investment to support the buyout of Bubbies Homemade Ice Cream and Desserts, Inc. by Kenex Holdings, LLC. Founded...
view press release
March 14, 2017, 07:00 AM
|
North Mill Capital announced the funding of a $3.5 million accounts receivable and inventory revolving line of credit for Stern Companies, Inc. in Baxter, Minnesota.
The company specializes in custom plastic and rubber molding assemblies. The...
view press release
February 01, 2017, 07:00 AM
|
Abacus Finance Group, LLC, a New York-based direct lending company that provides cash-flow senior financing for private equity-sponsored, lower-middle market companies, announced that it served as Administrative Agent and Sole Lender for $14.5...
view press release
January 10, 2017, 07:47 AM
|
Rabin Worldwide, a San Francisco based company and a leader for the disposition of food manufacturing facilities, will conduct a public auction of the remaining assets at the former Dobake bakery plant in Oakland, CA.Dobake Bakeries Inc. has been a...
view press release
October 20, 2014, 06:51 AM
|
Optimism among U.S. industrial manufacturers regarding the domestic economic outlook rose to 63 percent during the second quarter of 2013, up from 55 percent in the first quarter and representing the highest level since the first quarter of 2012...
view press release
July 19, 2013, 08:01 AM
|
Star Funding announced that it has provided a $1 million financing to a growing manufacturer of children’s apparel. The facility will be used to provide accounts receivable financing, and provide purchase order financing; whereby Star purchases...
view press release
July 17, 2013, 03:02 PM
|
Star Funding announced that it has provided a $4 million financing to a start-up manufacturer and distributor footwear and leather accessories. The financing facility will provide finished goods and work-in-process purchase order financing, as well...
view press release
July 17, 2013, 07:14 AM
|
Business Capital has secured a $1.5 million mezzanine debt financing facility for a company primarily known for its extensive line of patented, high-end fitness accessories which it manufactures and distributes. In addition to high-performance gloves...
view press release
June 05, 2013, 07:03 AM
|