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 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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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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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 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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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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North Mill Capital announced it has hired Robert Reagan as a Senior Vice President/Business Development Officer for its mid-Atlantic region."Bob will help grow our ABL and factoring business in the Mid-Atlantic States," said Dan Tortoriello, EVP and...
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October 18, 2016, 07:33 AM
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John D. Santos has been hired by North Mill Capital as a senior vice president and business development officer in Princeton, NJ. Santos will be responsible for business development throughout the tristate area.Santos has more than ten years of...
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June 09, 2016, 07:57 AM
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North Mill Capital announcedt it has hired Gregg Simpson as a Senior Vice President in Charlotte, NC. Simpson is responsible for business development in the Southeastern states. He has been in that market for over 35 years serving in various credit...
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February 25, 2015, 08:03 AM
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Mark Haley has joined North Mill Capital as vice president and business development officer for the New England region. Haley brings over 20 years of commercial finance experience to North Mill Capital with banking, factoring and asset based lending...
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August 26, 2014, 07:18 AM
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Len Losquadro has joined North Mill Capital LLC as a Vice President and Business Development Officer in the New York area. Dan Tortoriello, COO, said, "Len's energy and knowledge of the New York region will make him a valued addition to the team. He...
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August 01, 2014, 07:17 AM
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Robert Schnitzer has joined North Mill Capital as senior vice president and business development officer. Bob brings over 30 years of asset-based lending experience to North Mill Capital having spent 11 years with Sterling National Bank's ABL...
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February 21, 2013, 07:47 AM
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