FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray LOGIN ABLAdvisor Blue
 
Skip Navigation LinksHome / News / Read News

Print

Zions Bancorporation Closes $10MM Asset-Based Credit Facility with Chemical Manufacturer

January 28, 2022, 07:35 AM
Filed Under: Chemicals

Zions Bancorporation, through its Texas division, Amegy Bank of Texas, closed and funded an $10,000,000 credit facility for a manufacturer of oilfield chemicals. The credit facility consisted of a multi-year revolving line of credit.   
 
Proceeds of the credit facility were used to provide ongoing working capital needs.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.

Sector/Economic Data
U.S. Census Bureau – U.S. Department of Commerce
March 2022 Construction Spending Report
U.S. Census Bureau – U.S. Department of Commerce
Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022
view all sector/economic data
Featured Articles
Navigating Commercial Real Estate Volatility: Strategic Partnerships and Record Deal Volume Amid Bank Lending Pullback
Amid banks pulling back, strategic partnerships thrive in commercial...
by Elliot Smith
Full Contact ABL: Collateral Versus Enterprise Value ABL
Charlie Perer contrasts Collateral-focused and Enterprise Value...
by Charlie Perer
Most Popular | All Articles
Sponsored Content
CFG Merchant Solutions Underwriter Academy
CFGMS is proud to announce our new program: Underwriter Academy! Fast-track into a position with one of our producing underwriting teams.
sponsored by:
LEARN MORE