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AloStar Capital Finance Closes 12 New Deals in Historic First Quarter

May 10, 2017, 07:21 AM
Filed Under: Company Announcements

AloStar Capital Finance announced the funding of 12 new transactions in the first of 2017 with commitments totaling more than $175 million. This is AloStar’s best new business quarter in its six-year history.

AloStar’s first quarter fundings demonstrate its dedication to fostering customer success by providing clients with the capital they need to continue growing the businesses that grow America.

“This is a major milestone for AloStar and we’re thrilled to have reached it at the top of the year,” said Andy McGhee, president and CEO of AloStar. “We thank our valued clients and referral sources for their continued support and confidence in us. We share in this achievement and look forward to our continued partnerships.”

AloStar’s focus on understanding its clients’ full financial picture while crafting creative solutions has enabled its Capital Finance unit to provide more than $2 billion in commitments over the past six years across manufacturing, professional services, equipment, finance, distribution, retail and real estate industries.

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