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News Stories (58 Results) - Working Capital

Access Capital has recently closed a new transaction with Condustrial, Inc, a full service provider of supplemental personnel in the construction, manufacturing, industrial and nursing sectors.   The South Carolina based company was formed in 2002... view press release
January 29, 2019, 07:00 AM


FTI Consulting, Inc. announced that it has entered into an amendment and restatement of its $550.0 million senior secured revolving credit facility. The Amended and Restated Credit Facility extends the maturity date from June 26, 2020 to November 30... view press release
December 03, 2018, 08:00 AM


Siena Lending Group LLC announced the completion of a $12.0 million revolving credit and term loan facility for Bolttech Mannings, Inc. The facility was used to refinance the company's existing senior debt and to support the company’s growth plans... view press release
September 25, 2018, 08:00 AM


Spartan Capital, the Hudson Valley's premiere provider of small business funding, today announces a record month of funding for their new Middletown, NY location. So far in September of 2018, Spartan Capital has facilitated approximately 200... view press release
September 21, 2018, 08:00 AM


TradeCap Partners provided a $4.7 million Purchase Order Facility to a California based, branded consumer goods company. The facility was structured to satisfy increased working capital needs related to seasonal Black Friday and Holiday pallet... view press release
September 19, 2018, 07:00 AM


Siena Lending Group LLC announced the completion of a $13.4 million asset-based revolving and term loan credit facility for Wise Recycling I, LLC (Wise), an affiliate of DADA Holdings. The facility was used to refinance Wise’s prior senior secured... view press release
September 12, 2018, 08:00 AM


East West Bank announced that it has completed an amendment of its five-year $75 million ABL revolving line of credit. The ABL facility will be utilized by PetIQ for general corporate purposes and provide the Company with ongoing working capital... view press release
August 31, 2018, 07:03 AM


Siena Lending Group LLC (Siena) announces the completion of a $7.5 million asset-based revolving and term loan credit facility for Facet Medical Technologies, LLC (Facet). The facility will be used to support the company’s working capital and... view press release
August 22, 2018, 08:00 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $10,000,000 senior credit facility to Houston, Texas-based Specialty Steel Supply, LLC (Specialty). Specialty is a distributor of stainless and nickel... view press release
August 01, 2018, 08:01 AM


Presidential Financial Corporation announced it has provided $10 million in working capital and term facilities to FSTI, Inc.  Headquartered in Austin, TX, FSTI, Inc. manufactures and distributes a range of chemical products that are inherently safe... view press release
July 27, 2018, 07:00 AM


Workhorse Group Inc., an American technology company focused on providing sustainable and cost-effective electric mobility solutions to the transportation sector, has entered into and closed an agreement for a $6.1 million term loan. The loan is... view press release
July 11, 2018, 08:00 AM


North Mill Capital closed a $1,000,000 Accounts Receivable Facility for Corchran, Inc., a custom metal fabrication service provider located in Minnesota. The company provides full service capabilities including laser cutting, punching, shearing... view press release
May 18, 2018, 07:00 AM


North Mill Capital closed a $16 million asset based credit facility with Stanley Furniture, Inc.,a designer, manufacturer and distributor of middle to high-end wood residential furnishings. Founded in 1924, their products can be found in stores all... view press release
May 02, 2018, 08:02 AM


InterNex Capital, a digital lender providing accounts receivable revolving lines of credit from $250,000 to $5 million to small and mid-sized businesses, announced that it provided $2.5 million to an Oregon-based advertising firm. The national... view press release
March 12, 2018, 08:00 AM


Super G provided a $1.25 million working capital loan to a provider of a SaaS based system that assists K-12 educators and administrators in managing, overseeing and enhancing their students’ engagement in digital learning environments. Due to the... view press release
March 08, 2018, 07:28 AM


Ares Commercial Finance announced that it has provided a $5 million senior secured revolving line of credit to Rancho Harvest, Inc. and Affiliates.  Proceeds will refinance its existing credit facility and support the company’s ongoing working... view press release
February 08, 2018, 07:00 AM


TradeCap Partners  has provided a $350,000 bridge finance facility to a Texas-based recreational sports complex to support interim working capital needs as they expand their footprint.The company operates multiple recreational sports facilities and... view press release
February 06, 2018, 06:59 AM


Presidential Financial Corporation announced it has provided $4 million in working capital and term facilities to Montville Plastics & Rubber, LLC. Headquartered in Parkman, Ohio, Montville is a manufacturer of custom injection molded and extruded... view press release
January 19, 2018, 07:00 AM


ExWorks Capital provided $9 million in working capital financing to a California-based manufacturer of complete aircraft systems. Most recently, the company was awarded a contract to provide services to the U.S. government.ExWorks Capital provided... view press release
December 15, 2017, 08:00 AM


MidCap Financial announced it has provided a $22 million senior credit facility to an e-commerce technology company. The MidCap credit facility will provide for working capital needs as the company grows.  The company is a retailer of consumer... view press release
December 13, 2017, 08:00 AM


Presidential Financial Corporation announced it has provided a $20 million working capital facility to CME Acquisitions, LLC dba Cleveland Metal Exchange. Headquartered in Twinsburg, Ohio, Cleveland Metal Exchange is a national distributor of... view press release
December 06, 2017, 08:00 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new $6,000,000 senior credit facility to Vernal, UT-based Adler Hot Oil Service, LLC (Adler). Adler provides heating services for oil and gas well sites.... view press release
November 29, 2017, 08:01 AM


Amerisource announced the closing and funding of a $1,000,000 credit facility for a nationwide advertising and media company.  Proceeds of the facility are being used to finance working capital and projected growth. Established in 2015, the company... view press release
November 29, 2017, 07:00 AM


TAB Bank announced it has provided a $4 million revolving credit facility for a staffing and recruiting company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working... view press release
November 17, 2017, 08:00 AM


MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new senior credit facility to Warsaw, Indiana-based Dalton Corporation and affiliates. Dalton provides large, heavily-cored and complex iron castings for... view press release
November 15, 2017, 07:00 AM


Presidential Financial Corporation, a subsidiary of MidFirst Bank, announced it has provided a $15 million working capital facility to Southern Sales & Marketing Group. Headquartered in Villa Rica, Georgia, Southern Sales & Marketing wholesales... view press release
November 14, 2017, 08:00 AM


TAB Bank announced it has provided a $4 million revolving credit facility for a petroleum wholesale company located in New Mexico.  The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital... view press release
November 10, 2017, 08:01 AM


Stonegate Capital announced it has made a $6.5 million senior debt investment into Simple Mills to support the company’s growth plan.  Headquartered in Chicago, IL, Simple Mills’ products include baking mixes, cookies and crackers that are made of... view press release
September 29, 2017, 08:00 AM


Access Capital announced its latest transaction of a revolving credit facility of $1.5 million to a software reseller who also provides complimentary IT consulting services. The New York based borrower has been in business since 1995.The company was... view press release
September 20, 2017, 07:00 AM


MidCap Financial announced it has provided a $50.0 million senior credit facility to a coal mining and marketing company, Blackhawk Mining, LLC. The MidCap credit facility will support working capital needs and provide additional liquidity for the... view press release
September 19, 2017, 07:30 AM


Stonegate Capital has closed on a $4.5 million senior secured credit facility for a private equity-owned oilfield services company. The company provides completion, production, and intervention-related equipment and services for oil and gas operators... view press release
September 14, 2017, 07:00 AM


Veritas Financial Partners announced the closing of a $7.5 million credit facility for Colonna Brothers, Inc. in support of its future growth. The closing of this transaction contributed to Veritas’s record second quarter volume of $45 million in... view press release
September 13, 2017, 07:00 AM


Siena Lending Group LLC announced the closing of an $8.0 million credit facility for Deco Enterprises, Inc. dba Deco Lighting. The financing was completed in four weeks. The credit facility provided additional working capital to support business... view press release
September 12, 2017, 08:00 AM


Chorus Aviation Inc. announced that it has entered into a three-year committed operating credit facility with CIBC and The Bank of Nova Scotia (Scotiabank).  CIBC is the lead arranger and administrative agent under the facility. The facility provides... view press release
August 31, 2017, 08:00 AM


Nuvo Pharmaceuticals Inc., a commercial healthcare company with a portfolio of commercial products and pharmaceutical manufacturing capabilities, announced that it has secured a $6.0 million operating revolving credit facility with Royal Bank of... view press release
August 25, 2017, 08:00 AM


Siena Lending Group LLC announced the completion of a three-year $10.0 million asset based revolving credit facility for Integrity Delaware, LLC dba Integrity Industries (Integrity) to provide additional working capital for the business as they ramp... view press release
August 16, 2017, 07:00 AM


Presidential Financial Corporation announced it has provided a $15 million working capital facility to Unicare Pharmacy. Headquartered in Van Nuys, California, Unicare operates as a family-owned and operated closed-door pharmacy. It provides... view press release
August 11, 2017, 08:00 AM


Access Capital recently closed a new credit facility consisting of a $1.75 million working capital revolver along with a term loan in the amount of $105,000.  The new borrower is a Florida based company, specializing in providing temporary and... view press release
August 09, 2017, 07:00 AM


Encina Business Credit, LLC (EBC) announced that it has provided a $5 million asset-based revolving credit facility to an oilfield services company. The credit facility consists of a revolver secured by accounts receivable, the proceeds of which will... view press release
July 25, 2017, 08:12 AM


Ares Commercial Finance announced that it has provided a $30 million senior secured credit facility to Petersen-Dean, Inc. The company, headquartered in Fremont, California, is a certified designer and installer of American-made commercial and... view press release
July 24, 2017, 07:00 AM


Siena Lending Group announced the completion of a three-year $10.0 million asset-based revolving credit facility for Specialty Steel Supply, Inc. to assist in the execution of former and current management’s buyout of the business and to provide... view press release
July 18, 2017, 08:00 AM


Far West Capital announced it provided $9.5 million in working capital facilities for 30 growing businesses in the 2nd quarter of 2017.The total includes a $3.5 million dollar deal for a welded metal inspection company that provides inspection... view press release
July 11, 2017, 06:58 AM


ExWorks Capital provided $19 million in working capital financing in two recent deals. The financing includes $13 million for a manufacturing company has provided the best in satellite communication systems for military and commercial use in the USA... view press release
June 16, 2017, 08:00 AM


Renasant Business Credit announced the closing of a $5.5 million asset-based revolving line of credit for a Southeastern-based company engaged in the distribution of commercial construction products. The company was looking for an expanded working... view press release
June 09, 2017, 07:00 AM


When a Gulf Coast Regional Bank sought an amicable exit, for a long-term fabrication and thermal maintenance customer, they called New Orleans headquartered Republic Business Credit to alleviate their special assets client, due to previous successful... view press release
June 08, 2017, 08:00 AM


CIT Group Inc. announced that its Direct Capital business, known for its proprietary online lending platform and market-leading customer service, has provided more than $4 billion in equipment financing and working capital loans since its inception... view press release
May 05, 2017, 07:00 AM


Square 1 Bank, a division of Pacific Western Bank, announced that it has provided a $5 million credit facility to new client mPulse Mobile, a leader in mobile health engagement solutions. Proceeds from the facility will augment working capital and... view press release
May 05, 2017, 07:00 AM


The Investors Bank Asset Based Lending Group (ABL) recently originated revolving credit facilities with two middle-market companies located in New York.  Both borrowers, Bernardaud N.A. Inc. and Bektrom Foods, Inc., plan to use the funds for their... view press release
April 12, 2017, 07:00 AM


Organogenesis Inc., a pioneer of regenerative medicine focusing on advanced wound care and surgical biologics, has entered into a revolving line of credit agreement with Silicon Valley Bank (SVB). This agreement provides $25 million of new capital to... view press release
April 11, 2017, 07:30 AM


HSBC and Tradeshift, the world’s largest business commerce platform, announced a strategic partnership that will enable companies to manage their global supply chains and working capital requirements from one simple online platform, from any... view press release
April 07, 2017, 08:00 AM


ExWorks Capital provided $2 million in financing to an aftermarket automotive products manufacturer based in Baltimore, Maryland. The company manufactures and distributes sealants, flushes, fluids, coolants, and more with its products found in over... view press release
March 27, 2017, 07:00 AM


Super G provided a second lien growth capital facility to a company that provides lease crew services and equipment rentals to leading exploration and production companies in South and West Texas.The company was seeking growth capital in addition to... view press release
March 22, 2017, 08:03 AM


ExWorks Capital provided $1 million in working capital to an IT software company based in St. Louis, Missouri. The company recently purchased an IP software solution that monitors and reports printing activity for companies to manage both users and... view press release
March 09, 2017, 07:00 AM


Business Capital has delivered $3 million growth financing for GoldLine Brands, Inc., a group that operates vineyards and wineries.  The Company owns a collection of wine brands, which can be found in retail and wholesale markets in the United States... view press release
February 01, 2017, 08:00 AM


ExWorks Capital announced that it provided $1.2 million in financing to a California based transportation services company. The company opened its doors in 2013 and specializes in providing semi-trucks and trailers with unique solutions customized to... view press release
January 27, 2017, 07:00 AM


Two transportation companies based in Utah have chosen TAB Bank for working capital credit facilities. Since its founding, TAB Bank has partnered with trucking companies to create fast and flexible financing solutions that keep companies running... view press release
April 25, 2016, 07:49 AM


Behalf, the payments platform targeted at small and mid-sized businesses, announced a Series B equity round and credit facility totaling $119M. MissionOG, an early to growth stage venture capital firm chaired by Gene Lockhart, the former CEO of... view press release
July 30, 2015, 07:38 AM


Gibraltar Business Capital recently completed a record-setting working capital loan. Proving that it can help hopeful companies in need of quick cash flow, Gibraltar recently funded a $500,000 deal in less than one week.After the bank reduced its... view press release
May 16, 2014, 06:44 AM