Amerisource Business Capital closed and funded a $2,000,000 working capital facility for a candy manufacturer based in Utah. The proceeds will support the company’s ongoing growth and enable it to meet increasing market demand. Courtney Mark, Market...
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Bank of America named Michael Garand as President of Bank of America Worcester. As president, Garand will lead the Worcester market and will be responsible for connecting clients, teammates and communities to the bank’s eight lines of businesses and...
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Utica Equipment Finance completed an equipment refinance transaction totaling $3,500,000.The $3,500,000 capital lease to a concrete and masonry recycling company in Michigan, is secured by crushing equipment, construction equipment and trucks....
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eCapital announced the appointment of Matthew Shearer as Senior Vice President of Channel Sales. This strategic move aims to expand eCapital's reach by embedding its financing solutions within third-party platforms and digital marketplaces. “We are...
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Post Road Equipment Finance closed two significant transactions within the media industry, solidifying its position as a premier financing partner in this dynamic sector.In a substantial move, PREF has secured a $40 million lease line with a globally...
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Momnt, a fintech company specializing in real-time lending and payment solutions, appointed Chris Bracken as CEO. This follows recent significant capital investments from Saluda Grade Ventures, Rockefeller Asset Management, and TruStage Ventures and...
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First Citizens Bank's Energy Finance business served as coordinating lead arranger on $133 million of financing for the new Cranberry Point Energy Storage project planned for Carver, Massachusetts. Cranberry Point is a 150 MW / 300 MWh battery energy...
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Mirate Equity approved a $7.2 million loan to a prominent real estate company based in Sacramento. This funding will facilitate the acquisition of a premier apartment complex in the area, reinforcing Mirate Equity's dedication to advancing growth and...
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White Oak Commercial Finance closed a new $1.1 billion credit facility agented by Wells Fargo Bank, and including 11 other banks, increasing the capital that can be invested in asset-based lending (ABL). Additionally, WOCF and White Oak ABL announced...
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Mad Mobile, a pioneering force in restaurant and retail SaaS and payment solutions, closed a $50 million financing agreement. This funding, managed by Morgan Stanley Expansion Capital and Bridge Bank, will be strategically utilized to amplify the...
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