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AloStar to Provide $10MM to CapFlow Funding

February 16, 2016, 08:02 AM
Filed Under: Lender Finance

AloStar provided a $10 million commitment to CapFlow Funding Group Managers LLC (“CapFlow”), a commercial finance company based in Rutherford, N.J. CapFlow specializes in factoring, purchase order funding, refactoring and small, cash flow-based loans.

“We are always eager to partner with smart companies that have found a productive niche,” said Andy McGhee, president and CEO of AloStar. “We’re proud to work with CapFlow and we look forward to serving as their lending partner.”

AloStar offers needed capital and counsel to business leaders across America who are creating their own success story. Businesses, community banks and individuals come to AloStar for correspondent services, personal banking and capital requirements between $5 million and $20 million. AloStar Bank of Commerce provides capital solutions through AloStar Business Credit, AloStar Lender Finance and AloStar Real Estate Finance.

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