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News Stories (140 Results) - Distribution

Entrepreneur Growth Capital provided a $1.8MM asset based line of credit to a New Jersey based distributor of building materials (the “Company”). The 115-year-old company had covenant compliance issues with its long standing bank. EGC provided an... Read Story

March 26, 2021, 06:00 AM

BIZCAP secured a $15MM multi-tranche credit facility for the largest trader, processor and distributor of high quality garbanzo bean (chickpea) products in the U.S. Capitalizing on the surging hummus market, the company was able to quickly grow from... Read Story

February 23, 2021, 07:00 AM

Citizens M&A Advisory served as the exclusive financial advisor to Flip Electronics, LLC on its recapitalization by O2 Investment Partners, a Bloomfield Hills, Mich.-based lower middle market private equity firm. Flip Electronics is a Roswell... Read Story

February 04, 2021, 08:00 AM

Sallyport Commercial Finance provided a $500,000 Accounts Receivable Financing Facility to support a growing distributor of flooring products. Partnering with their existing inventory lender, Sallyport was able to free up working capital and provide... Read Story

February 01, 2021, 07:11 AM

TAB Bank provided a $15 million revolving credit facility for a distribution company headquartered in New York. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.The company... Read Story

January 13, 2021, 06:00 AM

North Mill Capital provided a $20,000,000 Accounts Receivable & Inventory Credit Facility to Reliable Tire Distributors, Inc., a wholesale tire distribution company headquartered in Blackwood, NJ. The financing was used to repay a prior lender and... Read Story

October 27, 2020, 08:00 AM

Sallyport Commercial Finance provides a $250,000 Accounts Receivable facility to a company specializing in the distribution of specialty piping materials.“Having started the conversation with the business owner in early February, things slowed down... Read Story

September 15, 2020, 09:10 AM

Versant Funding LLC announced it has funded a $1,800,000 non-recourse factoring facility to a national distributor of sweets and treats.“Versant’s offering was an excellent match for this evolving business,“ according to Chris Lehnes, Business... Read Story

September 09, 2020, 09:00 AM

MidFirst Business Credit (MFBC) announced it has provided $12.2 million in working capital and term-loan facilities to Ullman Oil Company, LLC. Ullman, located in Chagrin Falls, Ohio, is a full-service, value-added supplier and distributor of... Read Story

August 28, 2020, 08:00 AM

Amerisource Business Capital announced the closing and funding of a $1,000,000 revolving credit facility for an eye care product distributor based in New York. The proceeds are being used to provide working capital and to support significant... Read Story

August 17, 2020, 09:10 AM

North Mill Capital closed on a $1,250,000 Accounts Receivable Credit Facility for Minnesota-based poultry distributor Mighty Spark. Mighty Spark provides poultry products to grocery retailers all over the country. The company works with family-owned... Read Story

July 27, 2020, 09:00 AM

Encina Business Credit, LLC (EBC) announced that it has provided a $35 million senior secured credit facility to a leading retailer and distributor of paint and paint supplies. The facility consists of a senior secured revolving line of credit based... Read Story

June 24, 2020, 09:15 AM

Sallyport Commercial Finance arranged a $3,000,000 Accounts Receivable facility for a national distributor of gaming and consumer electronics.  Due to the COVID-19 pandemic, the business has expanded their products to include personal protective... Read Story

June 12, 2020, 09:10 AM

North Mill Capital announced the funding of a $1,250,000 Accounts Receivable Facility to Performance Freight Systems, Inc.The funds were used to pay off the previous lender and to provide additional working capital for the company.Performance Freight... Read Story

June 02, 2020, 08:00 AM

North Mill Capital provided $1.5 million to PRC Laser Corporation, which distributes and services lasers used for industrial applications and is headquartered in Charleston, South Carolina."PRC Laser is very happy to have North Mill Capital as our... Read Story

May 05, 2020, 08:50 AM

WayGar Capital provided a $50,000,000 CAD Senior Secured Revolving Credit Facility for a leading Canadian distributor and installer of high-quality flooring products for reputable commercial and residential real estate developers. Read Story

March 05, 2020, 08:52 AM

North Mill Capital provided $1.95 million in financing to D.A. Distribution, Inc. a manufacturer and installer of decorative stones used for interior and exterior walls and fireplaces. The financing consists of a $1.5 million revolving line of credit... Read Story

October 29, 2019, 08:45 AM

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $12,000,000 revolving line of credit facility and real estate term loan for a home and bath storage products distributor in Oregon.First Business Capital... Read Story

October 25, 2019, 08:08 AM

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a growing distribution and warehousing company based in California and Georgia.  Proceeds of the facility were used to refinance existing bank debt and... Read Story

October 17, 2019, 09:00 AM

Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $2.5 million revolving line of credit to Karish Industries.  In addition to the financing, Karish Industries utilizes a full suite of... Read Story

September 05, 2018, 07:00 AM

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Michigan-based manufacturer and distributor of component parts for heavy equipment.  Proceeds of the facility were used to refinance existing bank... Read Story

July 16, 2018, 07:00 AM

TradeCap Partners recently closed a $1.5 million Purchase Order funding facility for a Texas cosmetic distributor selling to a national subscription box company.  A business consultant was brought in to help secure a funding solution for a large... Read Story

July 10, 2018, 08:00 AM

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new Revolving Credit Facility to Chicago, Illinois-based Zorch International, Inc. Founded in 2001, Zorch is a value-added distributor of branded promotional... Read Story

May 02, 2018, 08:00 AM

Fractal Capital Advisors announced it closed a $12 million credit facility for Select Brands, a designer and distributor of small kitchen appliances. As a boutique financial advisory firm, Fractal focuses solely on sourcing debt capital. Read Story

December 16, 2016, 07:14 AM

Amerisource Funding announced the closing and funding of a $500,000 asset-based revolver for a New York based importer and distributor of consumer electronics.  The company designs, imports and distributes consumer electronics to major US retailers.... Read Story

December 05, 2016, 07:20 AM

Triangle Capital Corporation, a leading provider of capital to lower middle-market companies, announced today that it closed a $27.6 million second lien debt investment in KidKraft, Inc., a designer and distributor of toys and playsets for... Read Story

October 11, 2016, 07:53 AM

A U.S. based company designs, sells, and exports cultured marble manufacturing molds and spare parts. Variations of these cultured marble molds are used in the production of bathroom and kitchen fixtures including kitchen counters, shower enclosures... Read Story

September 16, 2016, 07:06 AM

HD Supply Holdings, Inc. announced that its indirect wholly-owned subsidiary, HD Supply, Inc., intends to amend its existing Senior Secured Term Loan Facility to (i) among other things, eliminate its LIBOR floor by means of a replacement tranche that... Read Story

September 13, 2016, 06:43 AM

King Trade Capital recently closed and funded a purchase order finance facility for a West Coast-based toy distributor selling through wholesale and retail channels. The client was referred to King Trade Capital by their existing factor seeking a... Read Story

September 08, 2016, 07:19 AM

Jam'N Products, a major toy distributor which sells under various licenses and brands including Nickelodeon, Fischer Price and Disney, has selected Capital Business Credit (CBC) to provide a $5 million factoring facility, lending on both account... Read Story

September 07, 2016, 07:36 AM

MB Business Capital recently provided a new senior credit facility to ACME Construction Supply Co., Inc. (“ACME”), a Portland, Oregon-based company. ACME distributes specialty products to the commercial construction, residential housing, industrial... Read Story

September 01, 2016, 07:41 AM

Deloitte Corporate Finance (DCF) acted as financial advisor to Concord, North Carolina-based S&D Coffee, Inc. (S&D) on its sale to Cott Corporation (Cott).  A leading manufacturer and distributor of coffees, teas, specialty beverages, extracts and... Read Story

August 12, 2016, 07:32 AM

Bibby Financial Services (BFS) announces the provision of a $4.5 million asset-based lending (ABL) facility with a $1.5 million inventory line of credit sublimit to a distributor and wholesaler of a trusted source for earth-friendly and... Read Story

August 10, 2016, 07:43 AM

Golub Capital announced that as administrative agent and joint lead arranger, it provided a senior credit facility to support the acquisition of RelaDyne, Inc. by Audax Private Equity.RelaDyne, headquartered in Cincinnati, Ohio, is an... Read Story

August 04, 2016, 07:14 AM

An Ohio-based electrical supplies distributor received an SBA loan when the new owners purchased the company several years ago but did not have the working capital facility they needed to help the company grow. Mackinac Commercial Credit was called... Read Story

August 02, 2016, 07:27 AM

Building on the success of  ten years in business in Canada, Bibby Financial Services (BFS) announced that it provided an $850,000 factoring facility to an Ontario-based distributor of security and defense products. The company, which supplies... Read Story

July 26, 2016, 07:36 AM

Business Capital has secured a $25 million revolving line of credit and $5 million in mezzanine financing for CPI Luxury Group (D.B.A. China Pearl), a leading distributor and designer of pearls and pearl-based jewelry. The company purchases... Read Story

July 19, 2016, 07:41 AM

Golub Capital announced that as administrative agent, sole lead arranger and sole bookrunner, it provided GOLD financing to support the majority recapitalization of Parts Town by Berkshire Partners. Summit Partners, an existing shareholder, will... Read Story

July 01, 2016, 07:52 AM

King Trade Capital closed a $2 million purchase order facility for a Texas based aviation parts supplier selling to domestic and foreign military and commercial customers.Following a transition in ownership, the client entered a new relationship with... Read Story

June 20, 2016, 07:43 AM

Marquette Business Credit announced it recently funded a $7.6 million credit facility to a retailer specializing in maintenance, repair, and operational products, providing supply chain management solutions and distributing high quality industrial... Read Story

June 14, 2016, 07:56 AM

CBC Business Credit announced the funding of a $750,000 asset-based revolving line of credit to an auto parts distribution company in business for the last five years out of Rancho Cucamonga, CA. The company primarily sells to dealers, independent... Read Story

June 01, 2016, 07:59 AM

MidCap Business Credit announced it has completed a $1.8 million asset-based credit line of credit to Combat Medical Systems, LLC in Harrisburg, North Carolina. Combat Medical Systems is a developer and distributor of tactical medical equipment and... Read Story

April 19, 2016, 07:55 AM

Crossroads Financial announced it provided a $500,000 purchase order finance facility to a toy distributor. The company faced a common problem: it received a large order but did not have the funds required to fulfill the transaction. The company... Read Story

April 19, 2016, 07:33 AM

Renasant Business Credit announced the closing of a $12.0 million asset-based revolving line of credit for a Southeastern-based company engaged in the  distribution of specialty building products for the residential housing marketplace. The company... Read Story

March 23, 2016, 07:36 AM

TAB Bank announced it has provided a $500 thousand revolving credit facility for a produce distribution company located in California.  The new facility will provide working capital to the company to fuel growth. The company is primarily in the... Read Story

March 10, 2016, 07:35 AM

Bibby Financial Services announces the provision of a $2.5 million non-notification factoring facility to a prominent media distribution company based in California. Working with top international players in the media, entertainment and publishing... Read Story

March 03, 2016, 07:36 AM

Diamond Business Credit announced it recently funded a $500,000 line of credit to a distributor of energy-saving replacement lighting. The company was unable to obtain the necessary working capital from traditional sources due to losses associated... Read Story

February 10, 2016, 07:35 AM

Crossroads Financial announced that it has provided a $500,000 purchase order financing facility for the benefit of a distributor of children’s toys.  The company, faced with large orders ahead of the Star Wars movie premier, needed to pay their... Read Story

December 18, 2015, 07:35 AM

A distributor of pumps, valves, and process equipment based in Ohio has chosen TAB Bank for a $2.25 million revolving credit facility.  The facility is an asset-based line of credit and also contains an inventory component.  In addition to the credit... Read Story

December 15, 2015, 07:56 AM

TAB Bank announced it has provided a $1.7 million revolving credit facility for a lumber distribution company located in the Intermountain West.  The new facility will pay off the company’s previous lender and provide working capital to fuel their... Read Story

December 10, 2015, 07:34 AM

Trade Finance Solutions, Inc. (TFS) announced it has provided a $2 million accounts receivable financing facility to an Alberta, Canada company that supplies the energy and mining industries with products and materials to protect surface and ground... Read Story

September 09, 2015, 07:26 AM

King Trade Capital announced the funding of a $2.5 million export finance program King Trade Capital (KTC) is the oldest and largest non-bank purchase order and trade finance company in the United States. KTC has for more than 22 years provided... Read Story

July 07, 2015, 07:18 AM

US Capital Partners Inc. has provided a $1.5 million asset-based line of credit for an expanding distribution business headquartered in the Northeastern United States. US Capital Partners is a private investment bank that makes direct debt... Read Story

May 20, 2015, 07:14 AM

King Trade Capital announced the recent funding of an $800,000 purchase order facility for a Pennsylvania-based supplier of solar outdoor lighting. The company reached out to King Trade Capital for help financing the purchase of inventory to fulfill... Read Story

May 04, 2015, 07:44 AM

Aegis Business Credit provided a $1.5 million revolving line of credit for a Florida-Based food distributor. When faced with the need to finance growth, the business owner was unable to secure bank financing to support timing differences in the trade... Read Story

May 04, 2015, 07:27 AM

Sunoco LP announced today that it has amended its existing revolving credit facility and expanded aggregate credit commitments from $1.25 billion to $1.5 billion.  The facility with a syndicate of banks matures in September 2019.The expansion will... Read Story

April 13, 2015, 07:47 AM

Brookridge Funding announces the completion of a $3 million purchase order funding facility for an Arkansas based distributor of consumer products.Brookridge provides letters of credit for its clients purchasing pre-sold inventory from foreign... Read Story

April 02, 2015, 06:53 AM

First Financial Business Capital, a division of First Financial Bank, announces the completion of a $4.6 million deal that includes a revolving line of credit term loan and lease line of credit for an electrical supply company in West Chester... Read Story

March 19, 2015, 07:18 AM

Coral Capital Solutions, a leading provider of financing solutions to small and middle market businesses, announced they provided a $4.8  million purchase order and factoring facility to an importer and distributor of dried food products. The... Read Story

March 18, 2015, 07:56 AM

First Financial Business Capital, a division of First Financial Bank, announces the completion of a $11.3 million working capital refinance deal for a heavy duty trucks parts distributor in Indianapolis.First Financial began offering specialty... Read Story

March 10, 2015, 07:44 AM

An Ohio-based commodity products distributor obtained a $1 million asset-based line of credit. The company was in need of a more flexible lending solution. Mackinac was able to step in quickly and offered them a revolving asset based loan on their... Read Story

February 12, 2015, 07:17 AM

Marquette Business Credi announced it recently funded a $6  million working capital line of credit to Variety Distributors, Inc. (VDI).VDI, located in Harlan, IA, is a cooperative based general merchandise distributor of over 25,000 SKU’s to member... Read Story

February 04, 2015, 07:24 AM

Lighthouse Financial Corp. announced today that it has provided a $3.5 million revolving line of credit to a Florida based distributor of video, voice and data products. Founded in 1982, the company has grown to be a cohesive team of experienced... Read Story

January 14, 2015, 07:11 AM

US Capital Partners Inc. has provided a $100,000 term loan scalable to $500,000 for Tora Ventures, headquartered in Calgary, Alberta in Canada. US Capital Partners is a private investment bank that makes direct debt investments, participates in debt... Read Story

November 20, 2014, 07:04 AM

King Trade Capital is pleased to announce funding a $1.3 million seasonal purchase order facility for a licensed logo tool box supplier. The company completed a successful test program with a nationwide big box retailer in 2013 and was pleased to... Read Story

November 06, 2014, 07:41 AM

Amerisource Funding announced the closing and funding of a $2.5 million line of credit for a food distributor in Ohio.  Proceeds of the credit facility were used to refinance the company’s existing bank debt and to provide additional working capital... Read Story

November 06, 2014, 07:29 AM

A construction materials supply company in the Southwest has chosen TAB Bank for a $500 thousand revolving credit facility.  The company specializes in producing and supplying gravel, sand, concrete, asphalt blocks, and road construction materials. ... Read Story

October 30, 2014, 07:03 AM

After receiving approval from the U.S. Bankruptcy Court for the district of Delaware, Tiger Group’s Remarketing Services Division will conduct an online sale of two state-of-the-art magazine wholesale distribution centers formerly owned by Source... Read Story

October 16, 2014, 06:44 AM

Lighthouse Financial Corp. announced it has provided a $3.25 million line of credit to an Ohio-based distributor of beverages and snack foods. The company was founded in 2000 by three gentlemen to distribute a now widely successful energy drink in... Read Story

October 09, 2014, 07:46 AM

TCF Capital Funding ("TCFCF"), the Chicago-based cash flow and asset-based lending division of TCF National Bank (“TCF Bank”), announced that it provided financing to support Gemini and Hermitage’s investment in Bonded Filter Co. (“Bonded Filter” or... Read Story

October 06, 2014, 07:44 AM

Bibby Financial Services announced that it has funded a $4 million factoring facility for an Alberta-based distributor. The company markets high quality and energy-efficient wood-pellet-burning barbecue grills.After three years with its current... Read Story

September 30, 2014, 07:55 AM

King Trade Capital (KTC) announced the recent funding of a $1 million government contract finance commitment for a Florida-based company. The company is a distributor of surveillance equipment to a prime contractor of the U.S. Government.KTC was... Read Story

September 24, 2014, 07:22 AM

Access Capital has closed a $1 million credit line against accounts receivable and inventory for a provider of specialized metal products to the aerospace, automotive, oil & gas, electronics and high-end consumer goods industries.  The New Jersey... Read Story

August 25, 2014, 07:06 AM

CIT Group Inc.  announced that it acted as administrative agent, joint lead arranger, and joint bookrunner for credit facilities supporting Audax Private Equity, a middle-market private equity firm, in its acquisition of Wheel Pros, a leading... Read Story

August 21, 2014, 08:04 AM

European Capital Limited and certain affiliates have completed a £113.5 million refinancing of their portfolio company, Hillarys, the UK's leading made-to-measure supplier of domestic window coverings, and have used the proceeds, together with a... Read Story

August 04, 2014, 07:39 AM

Bibby Financial Services announced that it has funded a $2 million factoring facility for an Atlanta-based distributor. The company, which sells inflatable illuminated balloons in a range of sizes, distributes to a variety of large retailers based in... Read Story

July 24, 2014, 07:14 AM

MidCap Business Credit announced it has completed a $4 million asset-based line of credit to a distributor of food service, work place safety, and janitorial supplies headquartered in the Mid-Atlantic Region.  The revolving line of credit is... Read Story

July 23, 2014, 07:17 AM

North Mill Capital LLC announced the funding of a $1 million accounts receivable and inventory credit facility to a distributor of souvenirs located in Massachusetts. Funds were utilized to pay out existing lenderand to provide working capital for... Read Story

July 22, 2014, 07:09 AM

Crossroads Financial announced that it has provided an $800,000 inventory line of credit for the benefit of a sporting goods manufacturer and distributor. Faced with seasonal challenges, high growth, and Inventory requirements exceeding traditional... Read Story

July 21, 2014, 07:31 AM

North Mill Capital LLC announced the funding of a $5 million factoring credit facility to a company that distributes electronics to big box stores and is located in Minnesota. This is a start-up by management that had been in the industry.  The... Read Story

July 15, 2014, 07:11 AM

Allied Affiliated Funding is pleased to announce the following recently closed transaction: An $8 million ledgered asset-based loan facility including a $500,000 inventory loan to a computer technology distributor. The company had been financed in... Read Story

July 11, 2014, 07:28 AM

Renasant Business Credit announed the funding of a $3 million asset-based revolving line of credit for an electrical and industrial wholesale distribution supply company based in Georgia.  The borrower was able to significantly increase their loan... Read Story

June 20, 2014, 09:12 AM

An Ohio-based metals distributor was in a tough spot with its bank relationship.  They needed a new lender to take out the bank quickly.  Payroll was on the line and time was of the essence.  Mackinac Commercial Credit’s experienced team was able to... Read Story

June 18, 2014, 06:48 AM

First Capital, a national commercial finance company, announced it has provided a $12 million revolving line of credit to Neopart, LLC, a leading aftermarket parts distributor for transit and over-the-road coaches. The senior credit facility consists... Read Story

June 03, 2014, 07:36 AM

DS-Concept Factoring, Inc., a global commercial finance company specializing in international non-recourse factoring, has provided a $1.5 million export accounts receivable facility to a U.S. subsidiary of a Brazilian company which provides branded... Read Story

May 22, 2014, 07:26 AM

Coral Capital Solutions announced they provided an $8 million factoring facility to an early stage distributor of Nutrihealth and wellness products. The facility will allow the Florida-based company to expand their sales in the United States.The... Read Story

May 14, 2014, 07:22 AM

First Capital announced it has provided a $7 million asset-based credit facility to Don Rose Oil Co. Inc, a distributor of oil, propane and gas. The senior credit facility consists of a working capital revolver secured by accounts receivable and... Read Story

April 17, 2014, 07:47 AM

King Trade Capital (“KTC”) announced the recent funding of a $10 million purchase order finance facility for a New Jersey and Hong Kong based importer and distributor of consumer electronics. KTC was approached by an investment bank representing the... Read Story

April 16, 2014, 07:12 AM

Keltic Financial Services announces the recent funding of a $3.166 million senior secured revolving line of credit and term loan to AWP Windows and Doors. The company offers both impact and non-impact products, primarily for the remodel and... Read Story

March 31, 2014, 07:24 AM

BlueLinx Holdings Inc., a leading distributor of building products in North America, today announced that it has entered into an amendment to its U.S. revolving credit agreement with a syndicate of banks led by Wells Fargo Bank, N.A. to improve... Read Story

March 17, 2014, 07:46 AM

PNC Bank announced the closing of a $50 million asset-based loan for Hamilton Metals, Inc. The transaction also includes capital markets and foreign exchange services. Based in Houston, TX, the company is using the funds to refinance existing debt... Read Story

March 13, 2014, 07:28 AM

TAB Bank announced it has provided a $10 million senior revolving credit facility for a wholesale distribution company located in the Southeast. The company is a distributor of prescription and non-prescription pharmaceuticals as well as... Read Story

March 06, 2014, 07:18 AM

Triangle Capital Corporation announced that it closed a $13.2 million investment in PetroLiance, LLC consisting of subordinated debt and equity. Headquartered in Raleigh, NC, PetroLiance is a leading value-added, specialty distributor of industrial... Read Story

February 20, 2014, 07:17 AM

First Capital announced that it has provided a $6 million asset-based senior credit facility to a distributor of electronics components.  The new facility consists of a $6 million working capital revolver collateralized by accounts receivable and... Read Story

February 12, 2014, 07:46 AM

Keltic Financial Services announces the recent funding of a $2.5 million senior secured revolving line of credit to MDR Specialty Distribution Corp.MDR Specialty Distribution, a privately held company headquartered in Newport News, Virginia, is a... Read Story

February 12, 2014, 07:14 AM

First Growth Capital, a division of First Capital, announced it has provided a $1.5 million working capital credit facility to a distributor of novelty candy and other specialty foods.  The facility is collateralized by the client’s account... Read Story

February 06, 2014, 07:37 AM

First Niagara Commercial Finance (FNFC), the asset-based lending arm of First Niagara Financial Group, Inc., announced that it has provided a $22 million secured revolving credit facility to a privately-owned Sporting Goods Distributor located in... Read Story

January 31, 2014, 07:00 AM

A. M. Castle & Co., a global distributor of specialty metal and plastic products, value-added services and supply chain solutions, announced it has increased its asset-based revolving credit facility from $100 million to $125 million.  The increased... Read Story

January 23, 2014, 07:11 AM

Mackinac Commercial Credit (MCC) has funded a new $1.5 million A/R and Inventory line of credit for a Michigan-based building products distributor. The distributor had suffered during the Great Recession and had to exit its long term bank... Read Story

January 14, 2014, 07:16 AM

Amerisource announced the closing and funding of a $400,000 facility for industrial supplies wholesaler headquartered in Ohio. Proceeds of the facility were used to refinance the company’s existing lender and to provide additional working capital.... Read Story

January 13, 2014, 08:13 AM

ZAGG Inc., a leading mobile device accessories company with a brand portfolio that includes ZAGG and iFrogz, announced today that it has amended and extended its debt facility with Wells Fargo Bank. The amendment retains the $60.0 million revolving... Read Story

December 24, 2013, 07:31 AM

TAB Bank announced it has provided an $8 million revolving credit facility for a toy distribution company located in the Northeast.  The new facility is based on accounts receivable, is made available through a multi-year agreement, and will provide... Read Story

December 10, 2013, 07:37 AM

Amerisource announced the closing and funding of a $500,000 A/R factoring facility for an electronics company based in California.  Recommended to Amerisource by the company’s consultant, this provider of advanced intelligent electronic components... Read Story

November 27, 2013, 07:11 AM

Continental Business Credit, a factoring and asset-based lender based in Woodland Hills, CA, has completed a two-year revolving asset-based credit facility in the amount of $3.5 million for a chemical & plastics distributor based in Southern... Read Story

November 12, 2013, 07:49 AM

Star Funding Inc. announced that it has provided $750,000 in financing to a New York based manufacturer and distributor of general merchandise goods with annual sales of $3 million.  The financing facility will provide the client accounts receivable... Read Story

October 24, 2013, 08:46 AM

World Fuel Services Corporation, a leading global fuel logistics company, principally engaged in the marketing, sale and distribution of aviation, marine and land fuel products and related services, announced today that it has successfully expanded... Read Story

October 11, 2013, 07:29 AM

First Capital, a specialized commercial finance company, announced it has provided an $18 million working capital facility to a distributor of auto parts. The senior credit facility consists of an $18 million working capital revolver collateralized... Read Story

October 09, 2013, 11:15 AM

Amerisource announced the closing and funding of a $1.5 million credit facility for a distributor of machinery and drilling parts based in Colorado. The financing was provided in conjunction with a buyer’s purchase of the business. This successful... Read Story

October 09, 2013, 07:19 AM

Star Funding Inc. announced that it has provided $3.5 million in financing to a New Jersey-based manufacturer and distributor of linens, bedding and  housewares.  The financing facility will provide the client with finished goods purchase order... Read Story

October 08, 2013, 07:36 AM

GE Capital’s Commercial Distribution Finance (CDF) business announced that it plans to expand its inventory financing capabilities and coverage of the commercial foodservice and refrigeration industries across the U.S. and Canada. CDF has been... Read Story

October 03, 2013, 07:49 AM

Marquette Business Credit in concert with Superior Capital Partners recently provided acquisition and growth capital for the purchase of Aldora Aluminum and Glass Products, Inc. and Coastal Glass Distributors, Inc.  Both companies are fabricators and... Read Story

September 13, 2013, 08:01 AM

Marquette Business Credit announced the funding of a new $5MM revolving credit facility for Kiss My Face in the 2nd half of 2013.  Kiss My Face is a leading brand of skin care, hair care, oral care, and other personal care products in the natural and... Read Story

September 11, 2013, 07:25 AM

Keltic Financial Services announced the recent funding of a $3.5 million senior secured revolving line of credit to MBI Acquisition Company d/b/a Service Building Supply ("SBS").  The company, headquartered in Sanford, NC is a complete supplier of... Read Story

August 16, 2013, 07:28 AM

Cole Taylor Business Capital, a division of Cole Taylor Bank, recently announced the funding of a $15 million facility for AmerTac Holdings, Inc. The company, located in Saddle River, NJ, designs, markets, and distributes electrical, lighting... Read Story

August 13, 2013, 07:28 AM

King Trade Capital announced the recent funding of a $3 million trade finance commitment to a Massachusetts based importer and distributor of sporting goods accessories. The company is fortunate to receive its’ largest ever seasonal sales orders from... Read Story

July 23, 2013, 08:49 AM

Keltic Financial Services announced the recent funding of a $9 million senior secured revolving line of credit to Diamond Hill Plywood Co., Inc.  The company, headquartered in Darlington, SC, is a leading wholesale distributor of building and... Read Story

July 09, 2013, 04:07 PM

TAB Bank provided a $3 million revolving credit facility for Electro Brand, Inc. of Westchester, IL.  The new agreement is based on accounts receivable and has been extended through a multiyear agreement. Founded in 1961, Electro Brand is an... Read Story

June 27, 2013, 07:08 AM

Veritas Financial Partners successfully closed a $6 million senior secured revolving line of credit for a custom supplier of store fixtures, kiosks and displays.  The Company came to Veritas Financial Partners seeking growth working capital and... Read Story

June 26, 2013, 07:16 AM

Monroe Credit Advisors placed an undisclosed amount of senior secured credit facilities for its client, Detroit Technologies, Inc. (DTI), to effect the acquisition of Formed Fiber Technologies, Inc. (FFT). The facilities were made up of a revolver... Read Story

June 18, 2013, 07:56 AM

First Growth Capital, a division of First Capital, announced today that it has provided a $4 million working capital credit facility to a distributor of parts for the material handling industry.  The facility is collateralized by the client’s account... Read Story

June 18, 2013, 07:32 AM

Bibby Financial Services provided an $8 million factoring facility to a Chicago-based distributor of hardware and software solutions. The business had historically been profitable, however, it hit a bump in the road in 2012 that put a strain on its... Read Story

May 23, 2013, 07:49 AM

Republic Business Credit announced today it provided a $7.5 million receivables and inventory line of credit facility to a Georgia based pharmaceuticals distribution business. The business has grown in recent years and desired to continue its... Read Story

May 20, 2013, 07:57 AM

Bank of America Business Capital has increased Univar Inc.’s Asset-Based Revolving Line of Credit to $1.3 billion and provided a $100 million Term Facility. The $1.4 billion total loan facility for Univar will support acquisitions and assist in... Read Story

May 07, 2013, 07:13 AM

Bibby Financial Services announced it has funded a Quebec, Canada-based company that packages and distributes cigars and similar products to retailers. The business had been profitable, but changing legislation and tax issues resulted in a temporary... Read Story

April 12, 2013, 07:28 AM

Keltic Financial Services recently announced two transactions totaling $8 million. Details follow: Keltic Financial Services announces the recent funding of a $5 million revolving line of credit to American Builders Supply. The company is an... Read Story

April 02, 2013, 04:02 PM

BlueLinx Holdings Inc., a leading distributor of building products in North America, announced the successful completion of its previously announced $40 million rights offering. The company announced previously that it would use the net proceeds of... Read Story

April 01, 2013, 03:03 PM

Prospect Capital Corporation has provided $100 million of senior secured debt financing to support the recapitalization of Broder Bros. Founded in 1919 and headquartered in Trevose, PA, Broder is a distributor of imprintable activewear in the United... Read Story

March 28, 2013, 07:56 AM

First Capital provided a $4 million working capital facility to a Northeast distributor of packaged meat and poultry to hotels, restaurants, specialty markets, gourmet grocers. The new credit facility consists of a revolving line of credit... Read Story

March 25, 2013, 08:04 AM

TAB Bank announced it has provided a $5 million senior revolving credit facility for Cosby Oil Company, Inc. of Santa Fe Spring, CA. The new agreement is a multiyear term deal. Founded in 1939, Cosby Oil Company is a petroleum marketer selling... Read Story

March 18, 2013, 03:00 PM

Green Innovations announced its wholly owned subsidiary, Green Hygienics, Inc. has signed a $1.0 million inventory financing agreement with Crossroads Financial, a Florida-based inventory and purchase order financing company.  As per terms of the... Read Story

March 15, 2013, 07:08 AM

GE Capital’s Commercial Distribution Finance (CDF) business established a $40 million inventory and working capital financing credit facility for ASI System Integration, a technology consulting service based in New York, that works with corporate... Read Story

March 13, 2013, 10:27 AM

Salus Capital Partners announced it has provided a $15 million senior-secured term loan to Summer Infant a global designer and distributor of durable health, safety, and wellness products for infants and toddlers. The Credit Facility will be used to... Read Story

March 13, 2013, 07:02 AM

First Capital announced it has provided a $3 million revolving line of credit to Master Tile Network, Inc., one of the largest independent pool tile distributors in the US. The senior credit facility consists of a working capital revolver... Read Story

March 11, 2013, 08:07 AM

NewStar Business Credit provided a $5 million revolving credit facility to Vinum Wine Importing and Distributing. Headquartered in Seattle, WA, Vinum distributes a variety of spirits and fine American wines and also imports and distributes fine wines... Read Story

March 07, 2013, 10:15 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner and is administrative agent for $114 million in senior credit facilities to support... Read Story

October 17, 2012, 07:00 AM

BMO Harris Bank’s Sponsor Finance group, a leading provider of middle market leveraged finance solutions, announced it was the joint lead arranger, joint bookrunner and is administrative agent for $85 million in senior credit facilities for Heritage... Read Story

October 16, 2012, 06:00 AM

TD Bank announced today its Asset-Based Lending Group has provided $39 million in financing to support the acquisition of Albert Tire Company by Bennett Capital Partners and an unnamed private investment firm. The credit facilities consist of a $35... Read Story

September 17, 2012, 07:00 AM

BMO Harris Bank’s Asset Based Lending group, a leading provider of middle market leveraged finance solutions, announced it is the administrative agent on a $40 million asset based revolving credit facility to Harris & Ford, LLC.Based in Indianapolis... Read Story

August 08, 2012, 07:00 AM

PNC provided $70 million of a larger revolving credit facility for Berry Nurseries, a portfolio company of Insight Equity in Southlake, TX. Headquartered in Dallas, Berry Nurseries supplies a wide variety of plants and shrubs to Lowe’s and Home Depot... Read Story

August 07, 2012, 08:00 AM

NewStar Business Credit provided $12.5 million senior secured facility to support the acquisition of Fastener Distribution and Marketing Company (FDMC) by Precision Aerospace Components. Both companies are distributors of specialty and commodity... Read Story

July 05, 2012, 09:00 AM