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Sterling National Bank Provides $40MM Secured Revolver to a Crane Services Company

November 04, 2021, 07:46 AM
Filed Under: Construction

Sterling National Bank's Asset Based Lending Group provided a secured revolving line of credit totaling $40,000,000 to a crane services company.

The credit facilities will provide refinancing of existing debt and support the company’s anticipated acquisition. This transaction was originated by Terry O’Grady, a Managing Director located in Chicago.

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