Mountain Ridge Capital ("MRC") closed a $15 million senior secured credit facility to a leading U.S. textile wholesaler. Mountain Ridge was able to provide greater availability and flexibility than the previous bank arrangement, which was meaningful...
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Oxford Commercial Finance provided a $1 million Ledger Line of Credit to a textile company based in Florida.
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January 25, 2024, 06:00 AM
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Siena Lending Group completed a three-year asset based revolving credit facility for a family-owned and operated Textile Manufacturer. The facility consists of a $50MM Revolver and a $8.1MM Term Loan. As one of the oldest textile businesses in the...
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Amerisource Business Capital announced the closing and funding of a $1,500,000 real estate credit facility for a textile manufacturer based in Pennsylvania. The proceeds are being used to re-finance existing debt. Andy Allaire, Regional Market...
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December 03, 2020, 06:48 AM
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North Mill Capital provided a $7 million asset based revolving line of credit to Phoenix Textile, a distributor of textiles, sheets, linens and interiors to residential, hospitality, government institutions and healthcare facilities across the...
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February 03, 2020, 08:55 AM
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Rosenthal & Rosenthal, Inc., the leading independent factoring, asset based lending and purchase order financing firm in the United States, announced the completion of a recent $50 million factoring deal, including a $15 million financing facility...
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Amerisource Business Capital announced the closing and funding of a $1,000,000 credit facility to finance the acquisition of a textile processing company based in North Carolina.
Kelly Collins, Regional Market Manager for Amerisource, stated: “This...
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January 18, 2019, 07:06 AM
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EnviroStar, Inc., and certain of its subsidiaries entered into a Credit Agreement with Bank of America as Administrative Agent, Swingline Lender and L/C Issuer, Merrill Lynch, Pierce, Fenner & Smith Incorporated and U.S. Bank National Association, as...
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November 09, 2018, 07:24 AM
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MidCap Business Credit announced that it has completed an $8.5 million asset based credit facility to Elastic Fabrics of America, Inc. Elastic Fabrics, headquartered in Greensboro, North Carolina, is manufacturer of textile goods selling into the...
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September 20, 2018, 07:05 AM
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Super G provided $900,000 in financing to a family-office backed U.S. manufacturer and supplier of specialty textiles. The company was in the process of refinancing its existing senior credit facility with a lower cost ABL facility. However, there...
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February 22, 2018, 07:08 AM
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AloStar agented and led a multibank, revolving credit facility for Heritage Holdco Inc., a national distributor of wholesale sports apparel based in Hebron, Ohio. Heritage Holdco Inc. is a Schumacher Capital LLC company.“The team at AloStar worked...
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Gibraltar Business Capital closed a new $8.8 million asset-based line of credit for Greensboro, N.C.-based Elastic Fabrics of America, a manufacturer of warp-knitted and circular-elastomeric fabrics that are used to make lingerie, athletic apparel...
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Monroe Credit Advisors announced the successful placement of $13.25 million in senior credit facilities supporting LongWater Opportunities’ acquisition and subsequent merger of two domestic sock manufacturers, Standard Merchandising Company and Fox...
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February 23, 2017, 07:08 AM
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MidCap Business Credit announced that it has completed a $6.6 million asset based credit facility to Ronile, Inc. and Bacova Guild, Ltd., located in Virginia.
Ronile dyes and processes a variety of yarns primarily for the carpet, rug and craft...
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January 24, 2017, 07:08 AM
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Antares Capital is serving as administrative agent, joint lead arranger and joint bookrunner on a senior secured credit facility to support the acquisition of Momentum Textiles by The Riverside Company.Headquartered in Irvine, CA, Momentum Textiles...
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MB Business Capital announced it recently provided a new $10 Million senior credit facility to Hudson, North Carolina based Beocare, Inc. and their affiliate Shelby Elastics, LLC located in Shelby, NC. Beocare develops and produces medical textiles...
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December 03, 2015, 07:51 AM
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