Sallyport supported a longstanding contact with $1,500,000 in accounts receivable finance to propel their wholesale business to the next level.The client needed funds to pay an overseas supplier for a large order, in full, prior to goods being...
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Crossroads Financial, a provider of stand-alone Inventory Financing, provided a $1.5 Million Inventory Revolver for the benefit of a startup California flooring wholesaler.Having gained substantial recognition for carrying the latest trends in wood...
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September 24, 2020, 09:05 AM
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Crossroads Financial, a provider of stand-alone Inventory Financing, provided $1.5 Million Inventory Revolver for the benefit of a startup California flooring wholesaler.Having gained substantial recognition for carrying the latest trends in wood...
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August 20, 2020, 09:10 AM
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Briar Capital Real Estate Fund announced it has provided a $4.785MM real estate term loan to a Fashion Products Wholesaler located in Tampa, FL. The loan is secured by the company's owner-occupied office/warehouse facility.Shortly after constructing...
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November 13, 2019, 09:00 AM
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GemCap provided an $8 million revolving credit facility to a wholesaler and distributor of fresh sweet potatoes as well as value added processed products. The $8 million facility is a senior secured line of credit supported by the company’s inventory...
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November 08, 2018, 08:00 AM
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Presidential Financial Corporation, a subsidiary of MidFirst Bank, announced it has provided a $15 million working capital facility to Southern Sales & Marketing Group. Headquartered in Villa Rica, Georgia, Southern Sales & Marketing wholesales...
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November 14, 2017, 08:00 AM
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TAB Bank announced it has provided a $4 million revolving credit facility for a petroleum wholesale company located in New Mexico. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital...
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November 10, 2017, 08:01 AM
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Sallyport Commercial Finance, LLC recently provided a $1 million accounts receivable facility to National Corset Supply House, a 68 year old California based company that supplies wholesale lingerie to domestic and international customers. This...
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September 23, 2016, 07:16 AM
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Brookridge Funding announces the completion of a $4 million purchase order funding facility for a NY based fuel wholesaler.Brookridge Funding, a leading source of purchase order funding over the last 22 years, has serviced over 400 clients during...
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Shortly after spinning-off from its parent company, Trugraphx, a t-shirt wholesaler that sells to all major mid-tier retailers, was in search of a financing partner to provide working capital. After considering a variety of equity and debt options...
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Federal National Commercial Credit (FNCC) announced the recent funding of a $4 million asset-based line of credit, with a $2 million inventory sub-limit, to a Southern California based wholesale distributor. The company was seeking to replace their...
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ExWorks Capital provided the company with a $1 million SBA working capital line of credit in order to purchase product to fulfill export orders. This company is a wholesaler and marketer of beef and other food items with a focus on the pizza topping...
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MidCap Business Credit completed an $8 million asset-based line of credit to an oil and lubricant wholesaler located in the Midwest. The revolver is supported by advances against accounts receivable and inventory. The opportunity was sourced out of...
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Gerber Finance Inc. announced the funding of a $2.5 million credit line to Rasta Imposta, a wholesaler of Halloween costumes based in Runnemede, NJ. "When Rasta’s current lender decided it did not want to be in a seasonal business, Gerber stepped up...
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January 18, 2016, 07:53 AM
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Lighthouse Financial Corp. announced it has provided a $2 million revolving line of credit to a North Carolina-based importer and wholesaler of flooring products. The company prides itself on producing stylish and quality engineered hardwood, Luxury...
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December 16, 2015, 07:38 AM
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AloStar Business Credit is pleased to congratulate its client Cooper-Booth Wholesaling Company, LP and Affiliates (“CBW”), of Lancaster, Pa., and its investment banker, SSG Capital Advisors, LLC ("SSG"), on receiving the TMA Large Company Transaction...
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October 20, 2015, 07:22 AM
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Renasant Business Credit is pleased to announce the closing of a $2 million asset-based revolving line of credit for a wholesaler of food products based in Georgia. The company was expanding their business and was looking for a larger working...
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December 03, 2014, 07:35 AM
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Amerisource announced that it closed and funded a $450,000 factoring facility for a wholesaler of computer software and peripheral equipment based in North Carolina. Proceeds of the facility were used to refinance existing bank debt and to provide...
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Access Capital has closed a $1.5 million three year term loan to a wholesaler and e-retailer of portable heating, portable cooling, air purifying units and vacuum products and parts. The borrower’s parent is based in Canada whose US subsidiary sells...
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February 28, 2014, 07:18 AM
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