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News Stories (15 Results) - Textiles

Oxford Commercial Finance provided a $1 million Ledger Line of Credit to a textile company based in Florida. Read Story

January 25, 2024, 06:00 AM

Siena Lending Group completed a three-year asset based revolving credit facility for a family-owned and operated Textile Manufacturer. The facility consists of a $50MM Revolver and a $8.1MM Term Loan. As one of the oldest textile businesses in the... Read Story

June 23, 2021, 07:00 AM

Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate credit facility for a textile manufacturer based in Pennsylvania. The proceeds are being used to re-finance existing debt. Andy Allaire, Regional Market... Read Story

December 03, 2020, 06:48 AM

North Mill Capital provided a $7 million asset based revolving line of credit to Phoenix Textile, a distributor of textiles, sheets, linens and interiors to residential, hospitality, government institutions and healthcare facilities across the... Read Story

February 03, 2020, 08:55 AM

Rosenthal & Rosenthal, Inc., the leading independent factoring, asset based lending and purchase order financing firm in the United States, announced the completion of a recent $50 million factoring deal, including a $15 million financing facility... Read Story

June 28, 2019, 08:55 AM

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility to finance the acquisition of a textile processing company based in North Carolina. Kelly Collins, Regional Market Manager for Amerisource, stated: “This... Read Story

January 18, 2019, 07:06 AM

EnviroStar, Inc., and certain of its subsidiaries entered into a Credit Agreement with Bank of America as Administrative Agent, Swingline Lender and L/C Issuer, Merrill Lynch, Pierce, Fenner & Smith Incorporated and U.S. Bank National Association, as... Read Story

November 09, 2018, 07:24 AM

MidCap Business Credit announced that it has completed an $8.5 million asset based credit facility to Elastic Fabrics of America, Inc.  Elastic Fabrics, headquartered in Greensboro, North Carolina, is manufacturer of textile goods selling into the... Read Story

September 20, 2018, 07:05 AM

Super G provided  $900,000 in financing to a family-office backed U.S. manufacturer and supplier of specialty textiles. The company was in the process of refinancing its existing senior credit facility with a lower cost ABL facility. However, there... Read Story

February 22, 2018, 07:08 AM

AloStar agented and led a multibank, revolving credit facility for Heritage Holdco Inc., a national distributor of wholesale sports apparel based in Hebron, Ohio. Heritage Holdco Inc. is a Schumacher Capital LLC company.“The team at AloStar worked... Read Story

June 06, 2017, 07:23 AM

Gibraltar Business Capital closed a new $8.8 million asset-based line of credit for Greensboro, N.C.-based Elastic Fabrics of America, a manufacturer of warp-knitted and circular-elastomeric fabrics that are used to make lingerie, athletic apparel... Read Story

April 03, 2017, 07:17 AM

Monroe Credit Advisors announced the successful placement of $13.25 million in senior credit facilities supporting LongWater Opportunities’ acquisition and subsequent merger of two domestic sock manufacturers, Standard Merchandising Company and Fox... Read Story

February 23, 2017, 07:08 AM

MidCap Business Credit announced that it has completed a $6.6 million asset based credit facility to Ronile, Inc. and Bacova Guild, Ltd., located in Virginia.   Ronile dyes and processes a variety of yarns primarily for the carpet, rug and craft... Read Story

January 24, 2017, 07:08 AM

Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Momentum Textiles by The Riverside Company.Headquartered in Irvine, CA, Momentum Textiles... Read Story

April 05, 2016, 07:49 AM

MB Business Capital announced it recently provided a new $10 Million senior credit facility to Hudson, North Carolina based Beocare, Inc. and their affiliate Shelby Elastics, LLC located in Shelby, NC. Beocare develops and produces medical textiles... Read Story

December 03, 2015, 07:51 AM