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News Stories (12 Results) - Plastics

Fifth Third Business Capital provided a $14.5 million refinance facility to Alliance Precision Plastics. The refinance facility included a revolving credit facility, term loan and capital expenditure line. Founded in 1953, Alliance Precision Plastics... Read Story

January 28, 2022, 07:58 AM

King Trade Capital (KTC) was contacted by a large U.S. bank that was putting together a supply chain receivable finance facility for a Plastic Cup supplier in support of their growing sales to a Fortune 500 customer. The bank recognized the cup... Read Story

December 07, 2021, 07:39 AM

On December 2, 2020, East West Bank and one participating lender closed on $90 million of new senior secured credit facilities, consisting of an asset-based revolver and term loan, for Alpha Industries Management, Inc. (“Alpha Industries”), a leading... Read Story

December 03, 2020, 07:14 AM

CVC Credit Partners (“CVC Credit”) provided a $60 million first lien loan to support Sole Source Capital’s acquisition and growth strategy of Dallas Plastics, a leading manufacturer of blown polyethylene film with printing, embossing, and other value... Read Story

November 23, 2020, 08:20 AM

Encina Business Credit, LLC (EBC) announced that it has provided a $15.3 million senior secured credit facility to a manufacturer of thermoplastic molds & modeled parts. The company provides customers in various industries with mold design... Read Story

October 08, 2019, 08:00 AM

Speritas Capital Partners announced the closing of a $27 million asset-based revolving line of credit for a major plastics manufacturer. Speritas Capital was brought in by the client to assess financing options to pay off their current lender and to... Read Story

September 06, 2019, 08:00 AM

Citizens Bank announced that Citizens Commercial Banking is providing $23 million in credit to help fund the merger of Wolfeboro, NH-based GI Plastek and Myrtle Beach, S.C.-based Precision Southeast, Inc. to create PSI Molded Plastics, Inc. (PSI).The... Read Story

December 05, 2017, 07:15 AM

MB Business Capital announced it recently provided a new $8,000,000 senior credit facility to Winfield, Kansas-based Western Industries Plastic Products, LLC (WIPP). WIPP is a plastic blow molding manufacturer serving the furniture, outdoor living... Read Story

June 28, 2017, 07:13 AM

After over forty years of running SSi Custom Plastics owner Greig Parks is preparing to retire from the business.  Mr. Parks has engaged M&A Specialist, Equity Partners HG, to locate a buyer that will carry on his legacy of providing on time delivery... Read Story

February 21, 2017, 07:01 AM

Renasant Business Credit announced the closing of a $5 million asset-based revolving line of credit for a Southeastern-based company engaged in the production of a broad range of high-performance biopolymer products for various industries including... Read Story

August 15, 2016, 07:43 AM

Bank of America Business Capital recently closed a $30 million senior secured asset-based loan to Techniplas LLC. Techniplas is a market leading producer of highly engineered and technically complex plastic components and systems for the industrial... Read Story

August 17, 2015, 08:01 AM

MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $15 million senior credit facility to Columbus, Ohio-based Plastic Suppliers, Inc.  Plastic Suppliers is a manufacturer and distributor of highly... Read Story

April 08, 2015, 07:26 AM