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News Stories (13 Results) - Credit Line

FWS Funding announced that it has provided a $3 million credit line to a 19-year old California-based FAA repair station. The company seen both good years and bad, but the last three years had taken a toll on revenue due to the loss of a major... view press release
October 20, 2016, 07:37 AM

Griffin Industrial Realty, Inc. has entered into an amendment to its revolving credit line with Webster Bank, N.A. that extends the Webster Credit Line for two years through July 31, 2018. The Amendment increases the amount of the Webster credit line... view press release
July 26, 2016, 07:07 AM

Gerber Finance announced it funded a $2.5 million credit line for Pure Sun Defense, a new sunscreen product. After actor Hugh Jackman had four skin cancers removed in the last 18 months, he collaborated with business partner, Chris Clark to  launch a... view press release
May 13, 2016, 07:51 AM

A South Carolina-based environmental firm was closing out the start- up phase of their business plan. While sales were ramping up significantly, they did not have the history to find a traditional bank to fund their growth. MCC management was... view press release
April 23, 2015, 07:29 AM

A Michigan-based legal support services company obtained a $2 million asset-based line of credit to support its dynamic sales growth. The firm's community bank could not keep up with the rapid growth rate the company was experiencing. A trusted... view press release
January 12, 2015, 07:29 AM

Amerisource Funding announced the closing and funding of a $2.5 million line of credit for a food distributor in Ohio.  Proceeds of the credit facility were used to refinance the company’s existing bank debt and to provide additional working capital... view press release
November 06, 2014, 07:29 AM

Access Capital has closed a $1 million credit line against accounts receivable and inventory for a provider of specialized metal products to the aerospace, automotive, oil & gas, electronics and high-end consumer goods industries.  The New Jersey... view press release
August 25, 2014, 07:06 AM

Access Capital has closed a $2 million credit line to a woman-owned enterprise based in New Jersey. The borrower works with government and corporate clients to provide healthcare, IT, and telecommunications personnel.  The company opened its doors... view press release
August 01, 2014, 07:04 AM

Applied Optoelectronics, a provider of fiber-optic access network products for the cable broadband, internet data center, and fiber-to-the-home markets, entered into a new credit agreement with East West Bank to expand its borrowing capacity to $15... view press release
July 21, 2014, 07:47 AM

Fountain Partners announced it has provided a total of $13 million in equipment lease lines of credit to DigitalOcean, the world’s fastest growing cloud provider. The lease lines are helping DigitalOcean grow its customer base by expanding data... view press release
April 29, 2014, 07:29 AM

Diamond Business Credit is pleased to announce that it recently funded a $100,000 line of credit to a start-up New England based manufacturer and contract assembly company. The founder of this business worked for many years for a similar business... view press release
February 14, 2014, 07:14 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

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