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Gerber Finance Closes $11MM Line of Credit Under New Gerber+ Division
  Gerber Finance provided an $11 million line of credit to a prominent Brooklyn-based real estate holding company. This is the second deal under Gerber Finance’s new Gerber+ division that services businesses seeking funding ranging from $10 to $25 million.?? The real estate holding company selected...
Huntington Business Credit Closes $17.5MM Credit Facility with InfoCision
Huntington Business Credit closed a new $17,500,000 credit facility with InfoCision Inc. on December 30, 2020. Proceeds of the facility were used to refinance existing indebtedness and to provide ongoing working capital growth financing.              InfoCision Inc., located in Akron, Ohio, operates...
Abacus Finance Provides $26.3MM in Debt Financing to Support Mountaingate Capital’s LBO of BioDerm
In the first in transaction of its ten-year anniversary, Abacus Finance Group announced that it served as Senior Secured Credit Facilities Administrative Agent and Lead Arranger for $26.3 million in senior secured credit facilities to support the leveraged buyout of BioDerm, Inc. by Mountaingate...
Bryn Mawr Trust Adds Robostello as South Jersey Managing Director of Commercial Banking
Bryn Mawr Trust announced that George Robostello has joined the company as Senior Vice President and Managing Director of Commercial Banking, Southern New Jersey region. He reports directly to Jim Donovan, Head of Commercial and Industrial Banking, and will build a team of commercial bankers focused...
Understanding the New Small Business Reorganization Act
Al Davis
The Chapter V subsection of Chapter 11, known as the Small Business Reorganization Act, was designed to let smaller...
10/29/2020 Topic: Bankruptcy
How will you survive, grow and scale your asset-based lending business in the...
Topic: Technology
Supply Chain Finance can be a lifeline for SMEs during the COVID-19 pandemic as...
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