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News Stories (19 Results) - Textiles

TAB Bank provided a textile company in California with an $8.5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to provide... Read Story

July 15, 2021, 07:00 AM

Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), announced that it has provided a $4.5 million credit facility to BTG Textiles.  In addition to the financing, BTG Textiles utilizes a full suite of... Read Story

September 13, 2019, 09:00 AM

Cambridge Savings Bank (CSB) announced the closing of a $4,000,000 senior secured credit facility and revolving line of credit with Magnus Textile, an importer and distributer of specialized textile products headquartered in Acton, Massachusetts.The... Read Story

July 12, 2019, 09:00 AM

Tiger Group and International Textile Machinery Sales will begin accepting offers on July 10 for an online auction of a complete dyeing, finishing and quilting facility operated by Doubletex, a Canadian textile company. Scheduled to be closed just... Read Story

June 26, 2019, 08:45 AM

Gibraltar Business Capital funded a $5.5 million line of credit to support the acquisition of a division of Rhode Island Textile Company, known as South Carolina Elastics, by Industrial Value Partners, a Southeastern based operationally focused... Read Story

December 05, 2018, 08:00 AM

King Trade Capital announced the completion of a $5 million purchase order finance facility for an Arizona-based textile products company. King Trade Capital recently was contacted by and old client to help a new quickly growing company that needed... Read Story

June 13, 2018, 07:00 AM

Hilco Industrial announced that it will manage the sale of machinery & equipment belonging to JT Contractors, a contract denim jean manufacturer located in Vernon, California. The company recently formed a joint venture with a supplier of denim... Read Story

October 09, 2017, 08:00 AM

Gibraltar Business Capital closed a new $10.8 million asset-based line of credit for Eden, N.C.-based KDH Defense Systems, a leading engineer and manufacturer of American-made, high-performance body armor for the military, federal government, and law... Read Story

June 15, 2017, 08:00 AM

Stonegate Capital has closed on a senior secured credit facility for the privately-owned menswear brand, Mack Weldon.  Based in New York, the company is reinventing men’s essentials with smart design, performance fabrics, and a simple customer... Read Story

June 08, 2017, 08:00 AM

Blue Hills Bank announced the closing of a $2,500,000 senior credit facility with New England and Northeast Linen Supply (NELS), a leading linen service and uniform rental company that provides a full suite of textile products to upscale restaurants... Read Story

May 09, 2017, 08:00 AM

Tiger Group and Shaffer & Max International are now accepting offers for assets of a well-maintained knit goods dyeing and finishing plant that is no longer needed for the continuing operations of Polartec. Assets from the 600,000-square-foot... Read Story

April 27, 2017, 07:00 AM

An Illinois based distributor of soft goods received an $3,000,000 asset based line of credit on its accounts receivable and inventory from Mackinac Commercial Credit last month. The firm had suffered some setbacks and its existing bank had asked... Read Story

April 25, 2017, 07:00 AM

Trade Finance Solutions Inc., a leading provider of global trade financing solutions, announced they have provided a $1 million supplier credit facility to a privately owned Guatemalan-based textile manufacturer. The supply chain facility will... Read Story

February 04, 2016, 07:42 AM

DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million export accounts receivable facility to a family-owned home textiles manufacturer in India. The client, exporting... Read Story

January 22, 2016, 07:26 AM

By order of the assignee for the benefit of creditors, Tiger Capital Group’s Remarketing Services Division and North East Printing Machinery Inc. will conduct a live webcast auction on Sept. 29 for high-speed sheet-fed presses, dye sublimation heat... Read Story

September 22, 2015, 07:20 AM

King Trade Capital announced the recent funding of a $1.2 million purchase order finance facility for a California-based home furnishings and textiles company. King Trade Capital was contacted by the special situations group of a national asset-based... Read Story

May 19, 2015, 08:01 AM

DS-Concept Factoring has provided a $1 million Export Accounts Receivable Facility to a home textiles manufacturer in India. The client, a family-owned company, is facing cash constraints as they rapidly expand into the US and European markets.... Read Story

November 12, 2014, 07:25 AM

Home Source International said it has received $8.25 million in funding from Cole Taylor Business Capital to help fund a new plant and other strategic initiatives. The company is building a 300,000-square-foot plant and warehouse in Marianna, FL... Read Story

March 22, 2013, 07:28 AM

In its capacity as Administrative Agent, Bank of America Business Capital has extended its asset-based credit facility for the W.C. Bradley Co. W.C. Bradley refinanced a $60 million revolver with the bank and will use the proceeds for general working... Read Story

October 18, 2012, 08:00 AM