TAB Bank provided a textile company in California with an $8.5 million asset-based credit facility. TAB was introduced to the company through an established broker/consultant relationship because the company’s previous lender was not able to provide...
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Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp (NASDAQ: PMBC), announced that it has provided a $4.5 million credit facility to BTG Textiles. In addition to the financing, BTG Textiles utilizes a full suite of...
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September 13, 2019, 09:00 AM
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Cambridge Savings Bank (CSB) announced the closing of a $4,000,000 senior secured credit facility and revolving line of credit with Magnus Textile, an importer and distributer of specialized textile products headquartered in Acton, Massachusetts.The...
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Tiger Group and International Textile Machinery Sales will begin accepting offers on July 10 for an online auction of a complete dyeing, finishing and quilting facility operated by Doubletex, a Canadian textile company. Scheduled to be closed just...
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Gibraltar Business Capital funded a $5.5 million line of credit to support the acquisition of a division of Rhode Island Textile Company, known as South Carolina Elastics, by Industrial Value Partners, a Southeastern based operationally focused...
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December 05, 2018, 08:00 AM
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King Trade Capital announced the completion of a $5 million purchase order finance facility for an Arizona-based textile products company. King Trade Capital recently was contacted by and old client to help a new quickly growing company that needed...
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Hilco Industrial announced that it will manage the sale of machinery & equipment belonging to JT Contractors, a contract denim jean manufacturer located in Vernon, California. The company recently formed a joint venture with a supplier of denim...
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October 09, 2017, 08:00 AM
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Gibraltar Business Capital closed a new $10.8 million asset-based line of credit for Eden, N.C.-based KDH Defense Systems, a leading engineer and manufacturer of American-made, high-performance body armor for the military, federal government, and law...
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Stonegate Capital has closed on a senior secured credit facility for the privately-owned menswear brand, Mack Weldon.
Based in New York, the company is reinventing men’s essentials with smart design, performance fabrics, and a simple customer...
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Blue Hills Bank announced the closing of a $2,500,000 senior credit facility with New England and Northeast Linen Supply (NELS), a leading linen service and uniform rental company that provides a full suite of textile products to upscale restaurants...
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Tiger Group and Shaffer & Max International are now accepting offers for assets of a well-maintained knit goods dyeing and finishing plant that is no longer needed for the continuing operations of Polartec. Assets from the 600,000-square-foot...
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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...
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Trade Finance Solutions Inc., a leading provider of global trade financing solutions, announced they have provided a $1 million supplier credit facility to a privately owned Guatemalan-based textile manufacturer. The supply chain facility will...
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February 04, 2016, 07:42 AM
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DS-Concept Factoring, a global commercial finance company specializing in international non-recourse factoring, has provided a $1 million export accounts receivable facility to a family-owned home textiles manufacturer in India. The client, exporting...
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January 22, 2016, 07:26 AM
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By order of the assignee for the benefit of creditors, Tiger Capital Group’s Remarketing Services Division and North East Printing Machinery Inc. will conduct a live webcast auction on Sept. 29 for high-speed sheet-fed presses, dye sublimation heat...
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September 22, 2015, 07:20 AM
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King Trade Capital announced the recent funding of a $1.2 million purchase order finance facility for a California-based home furnishings and textiles company. King Trade Capital was contacted by the special situations group of a national asset-based...
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DS-Concept Factoring has provided a $1 million Export Accounts Receivable Facility to a home textiles manufacturer in India. The client, a family-owned company, is facing cash constraints as they rapidly expand into the US and European markets....
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November 12, 2014, 07:25 AM
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Home Source International said it has received $8.25 million in funding from Cole Taylor Business Capital to help fund a new plant and other strategic initiatives.
The company is building a 300,000-square-foot plant and warehouse in Marianna, FL...
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In its capacity as Administrative Agent, Bank of America Business Capital has extended its asset-based credit facility for the W.C. Bradley Co. W.C. Bradley refinanced a $60 million revolver with the bank and will use the proceeds for general working...
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October 18, 2012, 08:00 AM
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