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News Stories (42 Results) - First Capital

First Growth Provides $2.3MM in Q4/2014 Transactions

First Growth Capital, a division of First Capital, announced it provided $2.3 million in working capital credit facilities during Q4 2014. The various facilities are collateralized by the clients’ account receivables. The facilities include $1... view press release

January 15, 2015, 07:22 AM

First Capital Provides $15MM ABL to Household Furnishings Manufacturer

First Capital, a specialized commercial finance company, announced that it has provided a $15 million asset-based senior credit facility to a manufacturer and distributor of household furnishings. The senior credit facility consists of a $15 million... view press release

November 19, 2014, 07:31 AM

First Capital Originates Over $60MM of New Credit Lines in Q3

First Capital, a commercial finance company with a national presence, announced it has originated 12 deals with $62 million of new credit lines in Q3 2014 bringing the year’s total to $180 million. Working capital lines of credit were extended to... view press release

October 29, 2014, 07:15 AM

First Capital Provides $4MM ABL Facility to IT Staffing Provider

First Capital, a specialized commercial finance company, announced that it has provided a $4 million asset-based senior credit facility to a provider of IT staffing personnel. The senior credit facility consists of a $4 million working capital... view press release

October 15, 2014, 07:42 AM

First Capital Provides $7MM ABL to Surf Accessories Manufacturer

First Capital announced that it has provided a $7 million asset-based senior credit facility to a manufacturer of stand-up paddleboards and surf accessories. The senior credit facility consists of a $7 million working capital revolver collateralized... view press release

September 18, 2014, 06:09 AM

First Growth Capital Closes $3.8MM in Recent Transactions

First Growth Capital, a division of First Capital, announced today that it has provided $3.8 million in working capital credit facilities during the months of July and August. The various facilities are collateralized by the clients’ account... view press release

September 10, 2014, 07:23 AM

First Capital Provides $8MM Credit Facility to Geneva Pipe and Precast

First Capital provided an $8 million asset-based credit facility to Geneva Pipe and Precast, a manufacturer of concrete pipe and concrete cast solutions. The senior credit facility consists of a $4.5 million working capital revolver secured by... view press release

August 13, 2014, 07:48 AM

First Capital Adds Mettel as VP, Senior Underwriter

First Capital announced the hiring of Bruce J. Mettel as Vice President and Senior Underwriter. Mr. Mettel will be based out of the Chicago office located in the ABL Central Region and will be responsible for underwriting and risk analysis of new... view press release

August 11, 2014, 07:00 AM

First Growth Capital Closes $5.5MM in Recent Deals

First Growth Capital, a division of First Capital, announced it has provided $5.5 million in working capital credit facilities during the months of May-June. The various facilities are collateralized by the client’s account receivables and inventory.... view press release

July 16, 2014, 07:19 AM

First Capital Provides $12MM Credit Facility to Neopart

First Capital, a national commercial finance company, announced it has provided a $12 million revolving line of credit to Neopart, LLC, a leading aftermarket parts distributor for transit and over-the-road coaches. The senior credit facility consists... view press release

June 03, 2014, 07:36 AM

First Growth Capital Provides $5.2MM in March

First Growth Capital, a division of First Capital, announced today that it has provided $5.2 million in working capital credit facilities. The various facilities are collateralized by the client’s account receivables and inventory. The companies... view press release

April 25, 2014, 07:39 AM

First Capital Provides $7MM Credit Facility to Don Rose Oil Co.

First Capital announced it has provided a $7 million asset-based credit facility to Don Rose Oil Co. Inc, a distributor of oil, propane and gas. The senior credit facility consists of a working capital revolver secured by accounts receivable and... view press release

April 17, 2014, 07:47 AM

First Capital Originates Over $225MM of Credit Lines in 2013

First Capital announced it originated 31 deals with over $225 million of new credit lines in 2013. New client relationships were established in key market across the U.S. First Capital has market offices in New York, Los Angeles, Atlanta, Chicago... view press release

March 05, 2014, 07:56 AM

First Capital Provides $6MM ABL Facility to Electronic Components Distributor

First Capital announced that it has provided a $6 million asset-based senior credit facility to a distributor of electronics components. The new facility consists of a $6 million working capital revolver collateralized by accounts receivable and... view press release

February 12, 2014, 07:46 AM

First Growth Capital Provides $1.5MM to Specialty Foods Distributor

First Growth Capital, a division of First Capital, announced it has provided a $1.5 million working capital credit facility to a distributor of novelty candy and other specialty foods. The facility is collateralized by the client’s account... view press release

February 06, 2014, 07:37 AM

First Capital Provides $7MM Credit Facility to Produce Wholesaler

First Capital, a national commercial finance company, announced it has provided a $7 million asset-based credit facility to a produce wholesaler of vegetables for domestic and foreign markets. The senior credit facility consists of a working capital... view press release

November 19, 2013, 07:47 AM

First Capital Provides $18MM Facility to Auto Parts Distributor

First Capital, a specialized commercial finance company, announced it has provided an $18 million working capital facility to a distributor of auto parts. The senior credit facility consists of an $18 million working capital revolver collateralized... view press release

October 09, 2013, 11:15 AM

Finance Industry Veteran Perrotta Joins Lender Recruiting

Lender Recruiting announced Jim Perrotta has joined the firm as a senior recruiter. Perrotta will be responsible for new business development and cultivating and maintaining client relationships with commercial lenders and banks. He will be based... view press release

October 02, 2013, 07:07 AM

First Capital Provides $8MM ABL Facility to Global Transportation Services

First Capital announced that it has provided an $8,000,000 asset-based lending facility to Global Transportation Services, Inc., a leading third party logistics company. The senior credit facility consists of an $8 million working capital revolver... view press release

September 25, 2013, 07:50 AM

First Capital Provides $2.3MM Facility to Acme Machell Company

First Capital announced it has provided a $2.295 million credit facility to Acme Machell Company, a manufacturer of specialty rubber molded products. The senior credit facility consists of a $2 million working capital revolver collateralized by... view press release

July 17, 2013, 08:06 AM

First Growth Capital Provides $1.5MM to Marketing Communiations Firm

First Growth Capital, a division of First Capital, announced it has provided a $1.5 million working capital credit facility to a provider of marketing communications services. The facility is collateralized by the client’s account receivables. The... view press release

July 11, 2013, 08:03 AM

First Capital Provides $4MM Asset-Based Credit Facility to QVD USA

First Capital provided a $4 million asset-based lending facility to QVD USA, dba QVD Aquaculture, a sustainably raised seafood distributor. The senior credit facility consists of a $4 million working capital revolver collateralized by accounts... view press release

June 13, 2013, 08:04 AM

First Capital Provides $16.25MM ABL to Manufacturer Of Uniforms, Other Work Apparel

First Capital, a specialized commercial finance company, announced that it has provided $16.25 million asset-based senior credit facility to a manufacturer of uniforms and other work apparel. The senior credit facility consists of a $15 million... view press release

June 05, 2013, 08:03 AM

First Capital Provides $8.75MM ABL to Aircraft Services Provider

First Capital, a specialized commercial finance company, provided an $8.75 million asset-based senior credit facility to a provider of commercial aircraft services. The senior credit facility consists of a $7 million working capital revolver... view press release

May 28, 2013, 08:02 AM

First Capital Launches New Program to Provide Liquidity Without Debt Financing

First Capital announced its Receivables Asset Monetization Program (or “R.A.M.P.”) to provide companies with much-needed liquidity without adding debt to their balance sheet.RAMP works as a “True Sale” agreement in which First Capital purchases all... view press release

May 13, 2013, 09:09 AM

First Growth Capital Provides $5MM to Retail Beverage Display Producer

First Growth Capital, a division of First Capital, provided a $5 million working capital credit facility to a producer of retail beverage displays. The facility is collateralized by the client’s account receivables and inventory. The company was... view press release

April 16, 2013, 07:48 AM

First Capital Provides $4MM Facility to Packaged Meat and Poultry Distributor

First Capital provided a $4 million working capital facility to a Northeast distributor of packaged meat and poultry to hotels, restaurants, specialty markets, gourmet grocers. The new credit facility consists of a revolving line of credit... view press release

March 25, 2013, 08:04 AM

First Capital Provides $9MM Credit Facility to Generator Manufacturer

First Capital, a specialized commercial finance company, announced it has provided a $9 million working capital facility to a manufacturer of generators. The new credit facility consists of a revolving line of credit collateralized by accounts... view press release

March 20, 2013, 07:29 AM

First Capital Provides $3MM Facility To Master Tile Network

First Capital announced it has provided a $3 million revolving line of credit to Master Tile Network, Inc., one of the largest independent pool tile distributors in the US. The senior credit facility consists of a working capital revolver... view press release

March 11, 2013, 08:07 AM

First Capital Provides $13.5MM Facility To Automotive Accessories Distributor

First Capital provided a $13.5 million asset-based senior credit facility to a distributor of automotive accessories. The senior credit facility is collateralized by accounts receivable and inventory. First Capital was selected as the working... view press release

March 04, 2013, 07:56 AM

First Capital Provides $6.8MM ABL Facility To Valley Oil Company

First Capital announced it has provided a $6.8 million asset-based credit facility to Valley Oil Company, a fuel and oil products distributor. The senior credit facility consists of a working capital revolver secured by accounts receivable and... view press release

February 12, 2013, 08:04 AM

First Capital Provides $8.5MM ABL Facility to Outdoor Sign Manufacturer

First Capital announced that it has provided an $8.5 million asset-based senior credit facility to manufacturer of outdoor and specialty signs. The senior credit facility is collateralized by accounts receivable and inventory. First Capital was... view press release

February 07, 2013, 07:38 AM

First Capital Provides $13MM Facility to Specialty Chemical Manufacturer

First Capital provided a $13 million Accounts Receivable Purchase Facility to the U.S. subsidiary of a global manufacturer of specialty chemicals. The facility is in the form of a non-notification factoring agreement and is collateralized by a... view press release

January 28, 2013, 08:03 AM

First Capital Provides $6.85MM Facility to Retail Fixtures Manufacturer

First Capital, a national commercial finance company, provided a $6.85 million revolving line of credit to a manufacturer of custom store fixtures for the grocery and specialty retail markets. The senior credit facility consists of a $6.5 million... view press release

January 23, 2013, 07:49 AM

First Capital Provides $8.5MM Credit Facility to Drinks Manufacturer

First Capital announced it has provided an $8.5 million accounts receivable-backed revolving line of credit. This facility funds the operations of their new client, who manufactures fruit juices and cocktail mixes served to guests of institutional... view press release

January 21, 2013, 08:15 AM

First Capital Provides $7.5MM Facility to Crash Rescue Equipment Service

First Capital provided a $7.5MM revolving line of credit to Crash Rescue Equipment Service, a remanufacturer of high-end fire and rescue trucks. The senior credit facility consists of a $6 million working capital revolver collateralized by accounts... view press release

January 16, 2013, 07:50 AM

Chaudhry Joins First Capital as Vice President, Underwriter

First Capital announced the hiring of Sudhir Chaudhry as vice president and underwriter. Chaudhry will be based out of the ABL Western Region headquarters located in Los Angeles and will be responsible for underwriting and risk analysis of new... view press release

December 19, 2012, 08:16 AM

First Capital Provides $4MM ABL to Product Marketing Services Company

First Capital provided a $4 million asset-based credit facility to a provider product marketing services to big box retailers. The senior credit facility consists of a working capital revolver secured by accounts receivable and inventory. First... view press release

December 12, 2012, 07:53 AM

First Capital Provides $6MM ABL Facility to Frozen Pie, Baked Goods Producer

First Capital, a specialized commercial finance company, announced that it has provided a $6,000,000 Asset-Based lending facility to a producer and distributor of frozen pies and baked goods located in Southern California. The credit facility is... view press release

December 10, 2012, 08:37 AM

Hector Molina Joins First Capital as Underwriter

First Capital announced the hiring of Hector Molina as Vice President and Underwriter. Molina will be based out of the Atlanta ABL Eastern Region headquarters and will be responsible for underwriting and risk analysis of new business for the ABL... view press release

November 26, 2012, 09:13 AM

First Capital Provides $3 Million Credit Facility to Transportation Agent Grid

First Capital provided a $3 million asset-based credit facility to Transportation Agent Grip, LLP “T.A.G.”, a package and freight delivery service provider. The senior credit facility consists of a $3 million working capital revolver secured by... view press release

November 26, 2012, 07:13 AM

First Capital Provides $8 Million ABL to Oil Field Services Company

First Capital has provided an $8 million asset-based lending facility to a service provider to the oil field services industry. The senior credit facility consists of an $8 million working capital revolver collateralized by accounts... view press release

November 12, 2012, 06:47 AM

Sector/Economic Data

U.S. Census Bureau – U.S. Department of Commerce

March 2022 Construction Spending Report

U.S. Census Bureau – U.S. Department of Commerce

Full Report on Manufacturers' Shipments, Inventories and Orders - March 2022


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