SLR Business Credit funded a $1,750,000 asset-based revolving line of credit for an electronic board assembler and manufacturer.The company had experienced losses, and the bank referred them to SLR Business Credit. SLRBC was able to provide a...
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April 11, 2024, 07:03 AM
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SLR Business Credit funded an ABL RLOC for Ingredient Brothers, an importer and distributor of premium specialty food ingredients. The funds were used to repay the bank and provide additional working capital for growth."When we were creating...
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March 21, 2024, 07:49 AM
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SLR Business Credit funded a $20,000,000 ABL RLOC for an eighty-eight-year-old electronics products manufacturer. The funds were used to provide additional working capital for growth.The company had experienced some losses due to supply chain...
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March 14, 2024, 07:24 AM
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SLR Business Credit announced the funding of a $5,000,000 ABL RLOC for Henry Industries, Inc. Henry Industries is a full-service nationwide provider of warehouse, distribution center and logistics services. The proceeds were used to pay off the...
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March 07, 2024, 07:45 AM
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SLR Business Credit funded a $50,000,000 ABL revolving line of credit for a tech-enabled staffing platform. The funds will be used to provide additional working capital for growth.The company had experienced some losses due to reduced demand....
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February 29, 2024, 07:57 AM
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SLR Business Credit (SLRBC) announced that François Bouville has joined the company as Senior Vice President of Business Development. Bouville started his career with a global bank in Liberia and ran the national sales force at the oldest life...
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September 19, 2023, 07:36 AM
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SLR Business Credit announced that Jan Ibey has joined the company as Senior Vice President of ABL Business Lending.Ibey is a seasoned asset-based finance executive with over 25 years of debt capital raises for lower and mid-market companies...
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July 27, 2023, 07:38 AM
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SLR Business Credit announced that Scott Blaeser joined the company as Senior Vice President of Business Development. Blaeser is the newest addition to the SLR Business Credit team. Based in Colorado, he will assist in expanding the Company’s...
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July 26, 2023, 07:40 AM
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SLR Business Credit, SLR Digital Finance and SLR Healthcare ABL announced the hiring of an in-house legal team. Kim Withrow has joined as General Counsel. Kim has served as in-house counsel for lenders in a wide range of commercial transactions...
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May 09, 2023, 07:40 AM
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We are pleased to announce Robert Brownell has joined SLR Business Credit (SLRBC) as Vice President of Business Development.Brownell has fourteen years of lending and business development experience. He began his career in the factoring sales...
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November 29, 2022, 07:36 AM
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SLR Business Credit announced the promotion of Nico LaStella from Account Executive to Assistant Vice President. LaStella holds a Bachelor’s degree from Bentley University and worked at another commercial finance company before joining SLR Business...
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September 13, 2022, 07:00 AM
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SLR Business Credit has announced that its subsidiary Fast Pay Partners has been rebranded as SLR Digital Finance (“SLRDF”). SLRDF provides asset-based loans and factoring facilities to ad tech and digital media businesses throughout the United...
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June 02, 2022, 07:00 AM
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Jason Kugler joined SLR Business Credit (SLRBC) as Vice President of Business Development. Kluger has over 20 years of commercial finance experience focusing on business development. Before joining SLRBC, he held positions at various bank and...
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May 09, 2022, 08:03 AM
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SLR Equipment Finance announced the appointment of Tom Casey as Chief Executive Officer. Casey joins SLR with over 30 years in the finance industry and 25 years of vendor finance focused experience. Casey was most recently with De Lage Landen...
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March 31, 2022, 07:56 AM
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SLR Business Credit (SLRBC) promoted Kevin Byrne to Senior Vice President. Byrne has been performing exams, maintaining the schedule of audits, and coordinating with outside providers for SLRBC since he joined the company in 2011. “Kevin has been an...
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March 28, 2022, 07:46 AM
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SLR Business Credit promted Mike Stoffield to Vice President in the Field Examination department. Stoffield has been with SLR since March 2018. He has over 27 years of experience auditing for banks and finance companies. He graduated from Marquette...
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March 03, 2022, 07:00 AM
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Fast Pay Partners, a wholly owned subsidiary of SLR Business Credit, announced an increase and maturity extension with The Arena Group of their credit facility to $25,000,000. The Arena Group, who owns the exclusive online publishing rights to Sports...
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February 18, 2022, 07:50 AM
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SLR Business Credit provided a $1 million accounts receivable credit facility. The funds were used to pay off the previous lender and provide additional ongoing working capital for the company.Flexwise Health Inc. is a staffing company for clinical...
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February 17, 2022, 07:00 AM
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SLR Business Credit provided a $1 million accounts receivable credit facility to PowerSpike, Inc.The funds were used to provide additional working capital for the company. PowerSpike, Inc. is an influencer marketing agency based in New York....
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February 10, 2022, 07:55 AM
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SLR Business Credit provided a $5,000,000 asset-based revolving line of credit to Oskaloosa Food Products. The proceeds were used to repay the bank and provide additional ongoing working capital for the company. Founded in 1938, Oskaloosa Food...
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January 31, 2022, 07:20 AM
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SLR Business Credit provided a $5 million accounts receivable credit facility to 365 Personnel. The funds were used to provide additional working capital for the company. Headquartered in Kansas, 365 Personnel, LLC provides industrial and warehouse...
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January 20, 2022, 07:48 AM
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SLR Business Credit provided and $8 million asset-based credit facility for Dana Foods and National Dairy Trade.The funds were used to repay the previous lender and provide ongoing working capital for the company. Dana Foods, Inc. and National Dairy...
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January 14, 2022, 07:06 AM
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SLR Business Credit announced that Randy Mitzman has joined the company as a Managing Director and Senior Vice President. He will be primarily focused on SLR’s FastPay subsidiary. FastPay provides asset based loans and factoring to digital media and...
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October 22, 2021, 08:00 AM
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SLR Business Credit provided a $30 million working capital facility to a digital publishing company that has scaled organically and expanded by acquiring print magazines and digital websites to extend their reach to over 150 million monthly readers....
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August 24, 2021, 07:57 AM
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North Mill Capital LLC (d/b/a SLR Business Credit), acquired Fast Pay Partners. Based in Los Angeles, CA, Fast Pay Partners enables clients to accelerate receivables and access liquidity through its asset-based lending and factoring platform which...
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August 13, 2021, 08:00 AM
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Maryanne Lenardo has joined SLR Business Credit as Managing Director of Originations. She will be responsible for sourcing senior secured debt transactions (ABL and Factoring) ranging from $2MM to $30MM in the manufacturing, distribution, and service...
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July 26, 2021, 08:00 AM
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SLR Business Credit promoted Lucy Csizmas to Senior Managing Director. Csizmas is an industry veteran with over 25 years of experience. She is responsible for sourcing and structuring new transactions from a long- standing network of commercial banks...
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June 24, 2021, 07:13 AM
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SLR Business Credit funded a $20 million asset=-based revolving line of credit for Copper River Seafoods, Inc. The funds provided under SLRBC's revolver secured by accounts receivable and inventory were used to refinance the existing bank revolver...
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May 10, 2021, 07:16 AM
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SLR Business Credit completed e a $500,000 accounts receivable credit facility to East Coast Components in South Carolina.When current ownership acquired East Coast Components this past fall, the purpose was to have a truss supplier for their own...
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May 03, 2021, 07:17 AM
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SLR Business Credit funded a $12,000,000 asset-based revolving line of credit for a distributor of veterinary medicine & supplies. Working through an investment banking group, the owners of this veterinary supplies company in Nebraska were introduced...
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April 19, 2021, 07:48 AM
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When a group of investors with industry experience found the opportunity to purchase a Midwest producer of high-quality fresh and frozen ground meat out of bankruptcy via a 363 sale, they turned to their community bank. The bank appreciated the...
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April 12, 2021, 06:00 AM
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SLR Capital Partners announced that Phil Guerin, Senior Partner and Head of Originations, has been named Chief Marketing Officer. Additionally, Mr. Guerin has joined SLR's Investment Committee. We appreciate and recognize Mr. Guerin's leadership role...
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April 02, 2021, 07:58 AM
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Solar Capital Partners announced that it will change its name to SLR Capital Partners (“SLR” or “the Advisor”), effective February 25, 2021. The new name, which utilizes a common brand across its affiliates and specialty finance investment teams...
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February 25, 2021, 08:09 AM
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