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ABL Advisor Search Results
News Stories (56 Results) -
NewStar Business Credit
Gemino Healthcare Finance has expanded and strengthened its sales team to meet the growing financial demands in the healthcare industry. Art Pesavento recently joined Gemino as a managing director based in Chicago where he will be responsible for...
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September 13, 2016, 07:41 AM
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Marquette Commercial Finance opens NYC office and has named industry veteran, W. Calvin Navatto, vice president of sales. Reporting to Marquette's National Sales Manager, DiAne P. Reed, he will be responsible for new business in the Northeast region...
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July 25, 2016, 03:15 PM
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The PrivateBank announced Loren Willet and Lisa Adams have joined the company as managing directors and relationship managers, delivering asset-based lending solutions to its commercial middle-market clients. Willet, who is based in Dallas and will...
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May 13, 2016, 08:03 AM
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NewStar Financial Inc. announced the sale of its asset-based lending subsidiary, NewStar Business Credit LLC (“NSBC”), to Sterling National Bank, a wholly owned subsidiary of Sterling Bancorp for approximately $112 million in cash, net of debt...
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April 01, 2016, 07:54 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., has provided senior secured credit facilities totaling $8 million to Roscom, Inc. (“Roscom” or the “Company”). Founded in 1972 and headquartered in Croydon, PA, Roscom...
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February 09, 2016, 08:01 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided senior secured credit facilities totaling $6,000,000 to Love & Quiches, Ltd. (“L & Q” or the “Company”). Founded in 1974 and headquartered in Freeport, NY, L & Q...
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February 02, 2016, 07:40 AM
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NewStar Business Credit, a subsidiary of NewStar Financial, Inc. announced the launch of a new unitranche loan product called SingleSource. SingleSource combines ABL and cash flow financing approaches to provide a creative and valuable “one-stop”...
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January 13, 2016, 08:14 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided $24,000,000 of senior secured credit facilities to Sock and Accessory Brands Global, Inc. (“SABG”). Founded in 1999, SABG is an innovative...
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November 24, 2015, 07:00 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced today that it has provided a $15 million credit facility to Atlas Group (“Atlas” or the “Company”).
Headquartered in Wichita, KS, Atlas specializes in complex...
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November 04, 2015, 07:27 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $6.5 million secured credit facility to World Class Technology Corp. (“WCT” or the “Company”). Headquartered in McMinnville, Oregon, WCT...
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September 29, 2015, 08:01 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $16million revolving credit facility to East West Copolymer, LLC. Headquartered in Baton Rouge, Louisiana, East West produces synthetic rubber...
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September 22, 2015, 07:43 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a revolving credit facility to The Honest Kitchen, Inc. (“Honest”). Established in 2002, Honest is a pet food manufacturer located in San Diego...
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September 15, 2015, 07:46 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $5 million credit facility to Three J’s Distributing, Inc. (“Three J’s” or the “Company”). Established in 1985, Three J’s is a regional...
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September 01, 2015, 08:04 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced today that it has provided a $10.5 million credit facility to a manufacturer of nonlethal tactical munitions and crowd control devices with operations located in...
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August 25, 2015, 07:32 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $20 million revolving credit facility to Mad Catz, Inc.(MCI). Headquartered in San Diego, California, MCI designs and markets a wide range of...
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August 19, 2015, 07:28 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced today that it has provided senior secured credit facilities totaling $7,500,000 to Decisive Communications, Inc. (“Decisive” or the “Company”). Headquartered in...
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August 11, 2015, 07:55 AM
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NewStar Business Credit, a division of NewStar Financial, Inc. announced it has hired Arthur A. Pesavento as a Senior Vice President in its Chicago office. Art will be responsible for helping to expand NewStar Business Credit’s marketing and...
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August 06, 2015, 08:05 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced today that it has provided senior credit facilities totaling $31.5 million to Amerijet International, Inc. Founded in 1974, Amerijet is a full service...
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July 21, 2015, 08:05 AM
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Mad Catz Interactive, Inc. announced that it entered into new financing facilities with NewStar Business Credit and Faunus Group International, Inc. to provide combined financing on eligible accounts receivable and inventories up to $30.0 million...
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July 06, 2015, 07:59 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $9 million revolving credit facility to Phoenix Footwear Group, Inc. Headquartered in Carlsbad, California, Phoenix specializes in quality...
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May 14, 2015, 07:43 AM
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NewStar Business Credit announced that it has hired Kenneth Frank as a Senior Vice President in its Philadelphia office. Mr. Frank will be responsible for helping to expand NewStar Business Credit's marketing and origination efforts in the...
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March 17, 2015, 07:02 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided a $6 million revolving credit facility to Skagit Gardens, Inc (“Skagit”). Headquartered in Mt. Vernon, WA, Skagit is a premium supplier of high-quality annuals...
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March 11, 2015, 07:34 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided a revolving credit facility to Chinada Industries, Inc.Headquartered in Ontario, Canada, Chinada designs, sources and distributes heavy duty...
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March 05, 2015, 07:35 AM
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Allen Systems Group, Inc. (“ASG”), a recognized innovator in enterprise IT software solutions, announced that it has reached an agreement with its senior secured lenders -- composed of a consortium led by certain funds sponsored by Franklin Square...
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February 18, 2015, 07:27 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced today that it has provided a $25 million credit facility to a transportation and logistics company with operations in the Mid-Atlantic and Southeast. The credit...
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February 10, 2015, 08:03 AM
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Phoenix Footwear Group, Inc. (announced that it has entered into a new Bank Financing Agreement with NewStar Business Credit, LLC. On February 2, 2015, the company entered into a Loan and Security Agreement with NewStar Business Credit, LLC. The Loan...
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February 06, 2015, 07:33 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $6 million revolving credit facility to RTA Furniture Distributors, Inc., a leading value-priced retailer of furniture and cabinetry....
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January 22, 2015, 07:36 AM
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NewStar Business Credit, a division of NewStar Financial, Inc. announced it has hired David Teszler as a Senior Vice President in its Atlanta, GA office. Teszler will be responsible for generating new asset-based financing opportunities with middle...
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January 07, 2015, 08:05 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $13.5 million revolving credit facility to Asheboro Elastics Corp. (“AEC”). Headquartered in Asheboro, NC, AEC is a privately-held...
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December 17, 2014, 07:59 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided a $12 million revolving credit facility to Soft Air USA, Inc. (“Soft Air”). Founded in 1987 as a marketing company for entertainment and...
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December 10, 2014, 07:54 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc, announced that it has provided a $25 million revolving line of credit to Afni, Inc. (“Afni”). Headquartered in Bloomington, IL, Afni provides outsourced process solutions...
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December 04, 2014, 07:28 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced today that it has provided a $10 million revolving credit facility to Climax Manufacturing Co. (“Climax”). Located in Lowville, NY, Climax is a leading...
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October 08, 2014, 07:29 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that after a forty year career in the commercial finance industry, Steve Brown is retiring, effective September 30th. Brown has served as a Senior Vice President...
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September 09, 2014, 07:36 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced it has provided a $13.5 million revolving credit facility to Quantum Management Services Group (“Quantum”). Established in 1968, Quantum is one of the largest...
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September 02, 2014, 07:42 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., has provided a $9 million revolving credit facility to SureSource LLC. Headquartered in Shelton, CT, SureSource is a leading provider of direct-to-consumer e-commerce...
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July 16, 2014, 07:39 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided a revolving credit facility totaling $5.75 million to KRAVE Pure Foods, Inc. (“Krave”). Headquartered in Sonoma, CA, Krave is an emerging...
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June 18, 2014, 07:21 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., announced that it has provided senior credit facilities totaling $10 million to Frette North America, Inc. (“Frette”). Founded in 1860 in Milan, Italy and now...
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May 22, 2014, 07:27 AM
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NewStar Business Credit announced today that it has provided credit facilities totaling $10 million to Alfred Publishing Co., Inc.. Founded in 1922 and headquartered in Los Angeles, the company is the world's largest publisher of educational music...
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April 08, 2014, 07:29 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided a credit facility totaling $19 million to a tool distribution company. The company imports and wholesales hand tools, power tools and accessories to a variety of...
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March 11, 2014, 07:39 AM
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NewStar Business Credit has provided credit facilities totaling $11 million to Rainbow Play Systems, Inc. (“Rainbow”) and affiliated companies. Headquartered in Brookings, SD, Rainbow is a manufacturer of children’s wooden outdoor playscapes. The...
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February 12, 2014, 07:42 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc. announced that it has provided a secured revolving credit facility to Summit Golf Brands, Inc. (“Summit”).
Headquartered in Shelton, CT, Summit designs, produces and...
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January 29, 2014, 07:03 AM
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NewStar Business Credit provided credit facilities totaling $8.5 million to Wafer Reclaim Services (“WRS”). Headquartered in San Jose, CA, WRS provides a range of specialized services related to the reclamation, oxidation, grinding and polishing of...
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December 19, 2013, 07:54 AM
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NewStar Business Credit has named Joe Kinkenon as executive vice president and chief credit officer. Kinkenon will be responsible for all portfolio and credit functions for the division.Kinkenon joins NewStar from Regions Bank and has more than 25...
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November 13, 2013, 06:24 AM
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NewStar Business Credit announced that it has provided a senior secured credit facility totaling $15 million to Dongbu Daewoo Electronics America, Inc (“Daewoo”), a wholly-owned subsidiary of Dongbu Daewoo Electronics Korea. Located in Doral, FL;...
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October 29, 2013, 07:57 AM
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NewStar Business Credit announced it has provided a senior secured credit facility totaling $12 million to Bachmann Industries (“Bachmann”). Located in Philadelphia, PA, Bachmann is the largest distributor of model trains in the United States. It...
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October 23, 2013, 07:45 AM
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Getzler Henrich & Associates announced that it had served as financial advisor to General Insulation Company (“GIC”), a Boston-based distributor of commercial and industrial insulation, HVAC, and fire-stop products, and related accessories including...
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October 17, 2013, 07:58 AM
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Rainbow Play Systems, Inc. announced the company has signed a new credit facility agreement with NewStar Business Credit, LLC. NewStar specializes in providing a range of senior secured debt financing options to mid-sized companies to fund working...
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October 07, 2013, 08:03 AM
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NewStar Business Credit, a division of NewStar Financial, Inc. has hired Ron Montgomery as a senior vice president and will open a new office in Los Angeles. Montgomery will expand NewStar Business Credit’s marketing and origination efforts on the...
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September 12, 2013, 07:39 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, Inc., provided credit facilities totaling $11 million to Axis Crane, LLC. Headquartered in Sherwood, Oregon, Axis is a full-service crane rental company supplying hoisting and...
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September 05, 2013, 08:02 AM
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NewStar Business Credit, a wholly-owned subsidiary of NewStar Financial, announced that it has provided a $40 million senior secured credit facility to General Insulation Company (GIC), a Boston-based distributor of commercial and industrial...
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July 18, 2013, 07:53 AM
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NewStar Business Credit provided a credit facilities totaling $7.5 million to Corporate Call Center (CCC). Headquartered in Blue Bell, PA, CCC is an outsourced contact center specializing in customer communications for the insurance and healthcare...
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April 03, 2013, 07:12 AM
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NewStar Financial completed a $325 million term debt securitization known as NewStar Commercial Loan Funding 2012-2. All classes of notes were priced at par and the transaction was upsized from $300 million, reflecting broad participation among...
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December 19, 2012, 07:23 AM
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NewStar Business Credit provided a $12 million senior secured financing to Logical Choice Technologyies (LCT). LCT is a consultant and reseller of technology solutions to school districts for use in school classrooms. The credit facilities...
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November 14, 2012, 08:09 AM
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The Commercial Finance Association is pleased to announce its officers and Executive Committee for 2012-2013. Cole Taylor Bsuiness Capital's Bruce A. Sprenger is serving as Chairman of the Board. Michael D. Haddad from NewStar Business Credit is...
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November 09, 2012, 08:44 AM
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NewStar Financial reported net income of $6.1 million for the third quarter of 2012. These results compare to net income of $3.4 million in the third quarter of 2011 and $5.6 million in the prior quarter. Income before income taxes (pre-tax income)...
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November 07, 2012, 07:57 AM
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NewStar Business Credit provided $12.5 million senior secured facility to support the acquisition of Fastener Distribution and Marketing Company (FDMC) by Precision Aerospace Components. Both companies are distributors of specialty and commodity...
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July 05, 2012, 08:00 AM
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