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News Stories (9 Results) - Textiles

Mountain Ridge Capital ("MRC") closed a $15 million senior secured credit facility to a leading U.S. textile wholesaler. Mountain Ridge was able to provide greater availability and flexibility than the previous bank arrangement, which was meaningful... Read Story
May 21, 2024, 07:55 AM

The apparel and textile market continues to be an important contributor to the global economy. The fashion industry experienced over “double the levels of economic profit in 2022 than in all the years between 2010 and 2020”, apart from one, McKinsey... Read Story
February 01, 2024, 07:11 AM

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

SSG Capital Advisors, LLC acted as the exclusive investment banker to American Fuel Cell and Coated Fabrics Company on its sale of substantially all of its assets to an affiliate of LB Advisors, LLC and Playa Capital Partners, LLC.  The sale was... Read Story
January 21, 2019, 07:11 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

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

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

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