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News Stories (8 Results) - ALoStar Bank of Commerce

State Bank Financial Corporation, the holding company for State Bank and Trust Company, announced that the bank has received regulatory approval from the Federal Deposit Insurance Corporation for its previously announced merger transaction between... view press release
September 22, 2017, 08:00 AM

Broadwind Energy, Inc. announced it has closed on a new three-year $20 million asset-based credit line with The PrivateBank. Under the terms of new credit line, Broadwind will have the ability to borrow up to $20 million against a borrowing base... view press release
October 27, 2016, 07:44 AM

AloStar recently funded three deals totaling $40.5 million through its Capital Finance platform. AloStar committed $20 million to Capital Southwest Corporation as part of a $100 million revolver. Capital Southwest Corporation is a business... view press release
October 05, 2016, 07:29 AM

AloStar committed $10 million to a professional receivables purchasing and management firm. The loan was funded through AloStar’s lender finance platform.“We’re happy to add another well-managed and forward-looking company to our portfolio,” said... view press release
June 15, 2016, 07:56 AM

Hercules Capital, Inc. announced that effective March 8, 2016, it has expanded its credit facility with Wells Fargo Capital Finance, part of Wells Fargo & Company, under which AloStar Bank of Commerce has committed $20.0 million, for a total of $95.0... view press release
March 08, 2016, 08:03 AM

Credibly, a tech and data-inspired lending platform that makes access to capital for small businesses simple and intuitive, announces the closing of a $70 million credit facility with SunTrust Bank and AloStar Bank of Commerce, a specialty provider... view press release
February 03, 2016, 08:01 AM

Broadwind Energy, Inc. announced the extension of its $20 million credit facility with Atlanta-based AloStar Bank of Commerce. Under the terms of the new agreement, the facility will transition from a $20 million revolving line of credit to a $15... view press release
June 30, 2015, 07:51 AM

AloStar Business Credit has provided a senior secured credit line and term loan to Murry’s, Inc., a producer and supplier of frozen breakfast, lunch and dinner food products. Terms of the senior secured credit line and term loan were not disclosed.... view press release
December 04, 2013, 07:57 AM