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News Stories (20 Results) - Distribution

BIOLASE, Inc., a global leader in dental lasers, announced it has entered into a $12.5 million senior secured term loan agreement with SWK Funding LLC. SWK Funding LLC is a subsidiary of SWK Holdings Corporation, a Dallas, Texas-based healthcare... view press release
November 14, 2018, 07:00 AM

Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility for a Michigan-based manufacturer and distributor of component parts for heavy equipment.  Proceeds of the facility were used to refinance existing bank... view press release
July 16, 2018, 07:00 AM

An Illinois based distributor of soft goods received an $3,000,000 asset based line of credit on its accounts receivable and inventory from Mackinac Commercial Credit last month. The firm had suffered some setbacks and its existing bank had asked... view press release
April 25, 2017, 07:00 AM

Mackinac Commercial Credit (MCC) has funded a new $1.5 million A/R and Inventory line of credit for a Michigan-based building products distributor. The distributor had suffered during the Great Recession and had to exit its long term bank... view press release
January 14, 2014, 07:16 AM

Star Funding Inc. announced that it has provided $3.5 million in financing to a New Jersey-based manufacturer and distributor of linens, bedding and  housewares.  The financing facility will provide the client with finished goods purchase order... view press release
October 08, 2013, 07:36 AM

King Trade Capital announced the recent funding of a $3 million trade finance commitment to a Massachusetts based importer and distributor of sporting goods accessories. The company is fortunate to receive its’ largest ever seasonal sales orders from... view press release
July 23, 2013, 08:49 AM

Star Funding announced that it has provided a $4 million financing to a start-up manufacturer and distributor footwear and leather accessories.  The financing facility will provide finished goods and work-in-process purchase order financing, as well... view press release
July 17, 2013, 07:14 AM

Keltic Financial Services announced the recent funding of a $9 million senior secured revolving line of credit to Diamond Hill Plywood Co., Inc.  The company, headquartered in Darlington, SC, is a leading wholesale distributor of building and... view press release
July 09, 2013, 04:07 PM

Hexcel Corporation announced the successful consummation of a new $600 million senior secured revolving credit facility that will mature in five years. The new facility replaces the company’s previous senior secured credit facility ($82.5 million... view press release
June 28, 2013, 07:08 AM

First Growth Capital, a division of First Capital, announced today that it has provided a $4 million working capital credit facility to a distributor of parts for the material handling industry.  The facility is collateralized by the client’s account... view press release
June 18, 2013, 07:32 AM

Republic Business Credit announced today it provided a $7.5 million receivables and inventory line of credit facility to a Georgia based pharmaceuticals distribution business. The business has grown in recent years and desired to continue its... view press release
May 20, 2013, 07:57 AM

Bibby Financial Services announced it has funded a Quebec, Canada-based company that packages and distributes cigars and similar products to retailers. The business had been profitable, but changing legislation and tax issues resulted in a temporary... view press release
April 12, 2013, 07:28 AM

Keltic Financial Services recently announced two transactions totaling $8 million. Details follow: Keltic Financial Services announces the recent funding of a $5 million revolving line of credit to American Builders Supply. The company is an... view press release
April 02, 2013, 04:02 PM

BlueLinx Holdings Inc., a leading distributor of building products in North America, announced the successful completion of its previously announced $40 million rights offering. The company announced previously that it would use the net proceeds of... view press release
April 01, 2013, 03:03 PM

Prospect Capital Corporation has provided $100 million of senior secured debt financing to support the recapitalization of Broder Bros. Founded in 1919 and headquartered in Trevose, PA, Broder is a distributor of imprintable activewear in the United... view press release
March 28, 2013, 07:56 AM

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 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

NewStar Business Credit provided a $5 million revolving credit facility to Vinum Wine Importing and Distributing. Headquartered in Seattle, WA, Vinum distributes a variety of spirits and fine American wines and also imports and distributes fine wines... view press release
March 07, 2013, 10:15 AM

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 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