MidCap Business Credit (“MBC”) closed a $25 million asset-based credit facility for a sponsor backed manufacturer of recycled plastic resins based in the Midwest. The credit facility is comprised of a working capital revolver and a machinery and...
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September 03, 2025, 08:03 AM
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SSG Capital Advisors (“SSG”) served as the investment banker to Brightmark Plastics Renewal LLC and certain affiliates (collectively, “Brightmark Indiana” or the “Company”) in the sale of substantially all assets to Brightmark Plastics Ashley HoldCo...
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May 22, 2025, 08:01 AM
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Aequum Capital provided $12.5 million in credit facilities to an Illinois and Michigan based plastics manufacturer, specializing in custom blow-mold solutions. The credit facilities enable the Company to leverage working capital assets, along with...
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March 28, 2025, 08:02 AM
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SSG Capital Advisors (“SSG”) served as the investment banker to Plastic Suppliers, Inc. d/b/a Earthfirst® and its affiliates and subsidiaries (together, “Earthfirst®” or the “Company”) in the sale of substantially all assets to API Industries, Inc. d...
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February 28, 2025, 08:00 AM
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Accord Financial Corp. closed a $25 million credit facility to help a plastics manufacturer support new business contracts as well as complete a strategic business acquisition.What started as an equipment finance opportunity quickly developed into a...
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May 01, 2024, 07:34 AM
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MidCap Business Credit completed a $15 million asset-based credit facility with Plastic Suppliers, Inc. The business was established in 1949 and is headquartered in Columbus, Ohio. The company manufactures thin-gauge bio based and petrochemical...
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April 05, 2024, 07:53 AM
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Oxford Commercial Finance recently provided a $2 million asset-based loan to a Michigan-based wholesale plastic and resin company, specializing in plastic material distribution.
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March 06, 2024, 07:00 AM
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Aequum Capital closed a $10,000,000 revolving credit facility to a Midwest based industry-leading, plastic injection molder parts manufacturer. The Company has a diversified customer base serving the automotive, agricultural, construction, and food...
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December 15, 2022, 07:50 AM
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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...
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December 05, 2017, 07:15 AM
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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...
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June 28, 2017, 07:13 AM
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