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News

ABF Journal
abfjournal.com > catalyst-power-secures-up-to-15mm-revolving-credit-facility-from-east-west-bank

Catalyst Power Secures Up to $15MM Revolving Credit Facility from East West Bank

5+ hour, 41+ min ago   (149+ words) ABF Journal Catalyst Power, an independent provider of retail power and cleaner energy solutions for the commercial and industrial sector, closed a $15 million revolving credit facility with East West Bank Running through 2029, the facility will be used to develop and…...

ABF Journal
abfjournal.com > sallyport-commercial-finance-funds-5mm-a-r-and-inventory-finance-facility-for-kitchen-cutlery-brand

Sallyport Commercial Finance Funds $5MM A/R and Inventory Finance Facility for Kitchen Cutlery Brand

6+ hour, 1+ min ago   (181+ words) Sallyport Commercial Finance funded a $5 million combined accounts receivable and inventory finance facility for a growing kitchen cutlery company poised to expand its wholesale operations. Referred to Sallyport through a trusted broker relationship, the company was seeking a financing partner…...

ABF Journal
abfjournal.com > southstar-capital-provides-500k-a-r-facility-to-mining-supply-company

SouthStar Capital Provides $500K A/R Facility to Mining Supply Company

6+ hour, 9+ min ago   (104+ words) ABF Journal SouthStar Capital, a private direct lender and specialty finance company, closed a $500,000 accounts receivable financing facility for a newly established mining supply company SouthStar structured the facility to support the company’s working capital needs following the delivery…...

ABF Journal
abfjournal.com > pathlight-capital-serves-as-administrative-agent-on-60mm-senior-secured-term-loan-to-lifetime-brands

Pathlight Capital Serves as Administrative Agent on $60MM Senior Secured Term Loan to Lifetime Brands

4+ day, 6+ hour ago   (161+ words) ABF Journal Pathlight Capital served as administrative agent on a $60 million senior secured term loan for Lifetime Brands, a global designer, developer and marketer of a broad range of branded consumer products used in the home Proceeds from the facility…...

ABF Journal
abfjournal.com > sallyport-commercial-finance-funds-1mm-a-r-factoring-facility-for-beauty-and-cosmetics-distributor

Sallyport Commercial Finance Funds $1MM A/R Factoring Facility for Beauty and Cosmetics Distributor

4+ day, 5+ hour ago   (228+ words) The company was seeking additional working capital to support continued growth, accommodate larger customer orders and provide competitive credit terms to its customers. The new facility will provide the liquidity needed to purchase inventory from suppliers, fund larger orders and…...

ABF Journal
abfjournal.com > tradecap-partners-provides-7-5mm-po-facility-to-importer-of-warehouse-rack-systems-and-carts

TradeCap Partners Provides $7.5MM PO Facility to Importer of Warehouse Rack Systems and Carts

4+ day, 6+ hour ago   (325+ words) ABF Journal TradeCap Partners recently provided a $7.5 million purchase order funding facility for an importer of warehouse rack systems and carts based in the Midwest TradeCap was introduced to the client by an asset-based lender who had assessed that the…...

ABF Journal
abfjournal.com > sallyport-funds-500k-a-r-factoring-facility-for-healthcare-staffing-company

Sallyport Funds $500K A/R Factoring Facility for Healthcare Staffing Company

5+ day, 4+ hour ago   (196+ words) ABF Journal Referred to Sallyport by a previous client, the company needed additional working capital to bridge the gap between paying healthcare professionals and collecting payments from customers Sallyport Commercial Finance funded a $500,000 accounts receivable factoring facility for a growing…...

ABF Journal
abfjournal.com > commercial-finance-partners-closes-750k-a-r-facility-for-sba-financed-security-services-acquisition

Commercial Finance Partners Closes $750K A/R Facility for SBA-Financed Security Services Acquisition

5+ day, 5+ hour ago   (225+ words) ABF Journal Commercial Finance Partners (CFP), a debt advisory and direct lending platform, has closed a $750,000 accounts receivable purchase facility for a St Louis-based contract security services company that recently completed a change-of-ownership acquisition financed with an SBA 7(a) loan The…...

ABF Journal
abfjournal.com > midcap-business-credit-closes-10mm-asset-based-credit-facility-for-paper-converter

MidCap Business Credit Closes $10MM Asset-Based Credit Facility for Paper Converter

5+ day, 6+ hour ago   (147+ words) abfjournal.com MidCap Business Credit closed a $10 million asset-based credit facility for a privately held paper converter specializing in custom paper products for packaging manufacturers The financing package consists of a working capital revolver and equipment term loan The facility…...

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abfjournal.com > tradecap-partners-closes-350k-purchase-order-finance-facility-for-candy-distributor

TradeCap Partners Closes $350K Purchase Order Finance Facility for Candy Distributor - ABF Journal

5+ day, 6+ hour ago   (170+ words) TradeCap Partners Closes $350K Purchase Order Finance Facility for Candy Distributor abfjournal.com TradeCap Partners, a provider of purchase order funding, closed a $350,000 purchase order finance facility for a startup candy distributor led by a management team with extensive industry experience....