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Loeb Term Solutions Provides $1.5MM Term Loan to Commercial Bakery

May 29, 2015, 07:44 AM

Loeb Term Solutions recently provided an equipment term loan to a southwestern commercial bakery specializing in sweet and savory frozen bakery products. The company is looking to restructure their current financing and expand their operations to meet increasing demand. Loeb Term Solutions provided a term loan on the equipment valued at over $1.5 million.

Since 2010, Loeb Term Solutions has provided funding on over $110 million dollars’ worth of industrial machinery. The company’s asset-based lending division offers specialty financing for the industrial marketplace with funding amounts ranging from $300,000 to $20 million.

Loeb Term Solutions is an affiliate of Loeb, a fifth generation provider of reliable equipment and related services to the industrial marketplace. 

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