White Oak Commercial Finance, LLC (WOCF) an affiliate of White Oak Global Advisors, LLC and its institutional clients, announced that it had bolstered its Asset-Based Lending team with the appointment of commercial financing veteran Mignon Winston to...
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September 21, 2017, 07:20 AM
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Marquette Business Credit announced its appointment of Michel Lynch as Senior Vice President, Senior Credit Officer. Working out of Minneapolis, Minnesota, Lynch will support credit activity within the existing portfolio and on new business...
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November 01, 2016, 07:33 AM
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Gerber Finance Inc. announced the appointment of Kevin McGarry as its Chief Credit Officer. In his new role McGarry will be responsible for managing Gerber's diversified loan portfolio focusing on credit quality and client retention. Prior to...
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August 12, 2016, 07:56 AM
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Bibby Financial Services announces the appointment of Kim Withrow to Executive Vice President, General Counsel. Withrow joins the team with nearly 30 years of experience in all aspects of commercial lending. She will oversee the company’s legal...
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November 19, 2015, 07:28 AM
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MB Business Capital , the asset based lending division of MB Financial Bank, N.A., announced the appointment of John A. Curtis, as Group President. He will be responsible for leading the division’s new business development team in the Southwest. He...
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October 06, 2015, 07:44 AM
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RedRidge Finance Group announced the addition of Sharon Goldberg to the RedRidge Due Diligence Services team of financial professionals. She will join Scott Mitchell, John Yoon and Albert Toscano in the California Office. With a rapidly growing team...
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July 29, 2015, 07:16 AM
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Yelton Capital Network announced that Donald G. Wisdom has joined the firm as a managing director. Wisdome is a seasoned asset-based lending and factoring professional having managed a substantial asset-based lending division, overseen audit...
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July 07, 2015, 07:12 AM
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Sterling National Bank announced today that Mignon Winston and Mark Long have joined the Bank's Asset Based Lending division, each as First Vice President and Portfolio Manager. Winston and Long will be based in New York City and provide financing...
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June 17, 2015, 07:57 AM
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First Capital, a commercial finance company with a national presence, announced that it has completed the sale of its three product businesses to separate buyers. Traditional factoring was sold to Sterling Bancorp on May 7, 2015; Recourse Factoring...
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May 19, 2015, 08:06 AM
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Ares Management, L.P. announced that a fund managed by its commercial finance platform has signed a definitive agreement to acquire the asset-based lending portfolio of First Capital Holdings, Inc., a leading commercial finance company that provides...
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April 20, 2015, 07:49 AM
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First Capital, a national commercial finance company, announced it has provided a $4.5 million asset-based credit facility to Simon Metals, LLC, a leader in scrap metal recycling for almost 100 years in the Pacific Northwest. The senior credit...
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February 24, 2015, 07:57 AM
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TAB Bank announced the addition of Daniel Rodrigue to its business development team as National Sales Manager. Rodrigue will be based in West Palm Beach, FL and will report to TAB’s Senior Vice President of Sales and Marketing, Justin Gordon. He will...
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January 27, 2015, 07:52 AM
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First Capital has provided a $6 million asset-based credit facility to Hint, Inc., maker of the leading and fastest growing flavored water on the market. The senior credit facility consists of a working capital revolver secured by accounts receivable...
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December 11, 2014, 07:56 AM
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First Capital, a specialized commercial finance company, provided a $21 million asset-based senior credit facility to a distributor of tires and supplies for the automotive, agricultural and professional industries. The senior credit facility...
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December 03, 2014, 08:02 AM
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First Capital, a national commercial finance company, announced it has provided a $7 million revolving line of credit to ED MAP, Inc. The senior credit facility consists of a $7 million working capital revolver collateralized by accounts receivable...
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November 05, 2014, 07:24 AM
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First Capital provided a $7.8 million revolving line of credit to Tapco Associates, Inc, dba Tapco Circuit Supply, a leading national supplier of materials and process solutions to the printed circuit industry. The senior credit facility consists of...
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October 21, 2014, 07:21 AM
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First Growth Capital, a division of First Capital, announced the hiring of Sarah Stredic as Vice President and Business Development Officer. Stredic will be based in Midland, TX and will be responsible for Business Development and Marketing...
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October 08, 2014, 07:22 AM
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First Capital provided a $15.5 million Asset-Based credit facility to Nick Barbieri Trucking, LLC (NBT), a leading West Coast distributor of fuel and lubricants. The senior credit facility consists of a $14 million working capital revolver secured by...
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September 23, 2014, 07:49 AM
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First Capital provided a $5.5 million asset-based credit facility to Plastic Dress-Up Company (PDU), a South El Monte, California-based trophy and award supplier. The senior credit facility consists of a working capital revolver secured by accounts...
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September 10, 2014, 07:38 AM
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First Capital, a national commercial finance company, announced it has provided a $6 million asset-based credit facility to H2Origins Seafood, a sustainably-raised seafood distributor. The senior credit facility consists of a $6MM working capital...
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September 03, 2014, 07:26 AM
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First Capital, a specialized commercial finance company, announced that it has provided an $8.85 million asset-based senior credit facility to a regional distributor of pipes, valves and fittings. The senior credit facility consists of an $8 million...
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August 26, 2014, 07:24 AM
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First Capital, a specialized commercial finance company, announced that it has provided $17.5 million asset-based senior credit facility to a manufacturer of skincare products. The senior credit facility consists of a $17.5 million working capital...
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August 20, 2014, 07:39 AM
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First Capital announced the hiring of Ramsey Naber, Senior Vice President, in the Factoring Western Region. Naber will perform the role of Portfolio and Business Development Manager throughout the Western Region and will be based out of the Los...
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August 19, 2014, 07:24 AM
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First Capital, a leading commercial finance company, announced the hiring of Jason Stewart in its ABL Central Division. Stewart will lead and manage First Capital’s Dallas office and be responsible for all asset-based lending new business activity...
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August 14, 2014, 07:48 AM
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NewStar Business Credit, a division of NewStar Financial, Inc. announced today that it has hired W. Calvin Navatto as a Senior Vice President in its New York City office. Navatto will be responsible for helping to expand NewStar Business Credit’s...
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August 05, 2014, 08:04 AM
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California Bank of Commerce, a unique business bank serving the greater San Francisco Bay Area, announced the addition of six new banking professionals. While CBC’s primary strategy focuses on traditional commercial and industrial business banking...
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July 29, 2014, 07:26 AM
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First Capital, a specialized commercial finance company, announced that it has provided $22.5 million asset-based senior credit facility to a manufacturer of illumination products. The senior credit facility consists of a $22.5 million working...
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June 24, 2014, 07:20 AM
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AloStar Business Credit announced that Jason Carmona has been named Director of Originations. Previously, Carmona spent nine years with First Capital where he was awarded membership in the Chairman’s Club as one of the top business development...
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June 18, 2014, 07:13 AM
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First Capital, a leading commercial finance company, announced the hiring of Beth Page in the Western Region. Page will be responsible for new business development throughout Western state markets for First Capital’s Western Region. Page has 25...
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June 16, 2014, 07:51 AM
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First Capital, a national commercial finance company, announced it has provided a $5 million asset-based credit facility to PLM, Inc, a Modesto, California-based producer of premium ice cream and frozen fruit confections distributed in both large big...
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May 28, 2014, 07:10 AM
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First Capital, a commercial finance company with a national presence, announced it has originated 14 deals with $100 million of new credit lines in 2014. Working capital lines of credit were extended to small and medium-sized businesses in...
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May 22, 2014, 07:11 AM
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First Capital announced that it has provided an $8.3 million asset-based senior credit facility to Dan-Loc, LLC d/b/a Dan-Loc Bolt & Gasket, a leading U.S. manufacturer and distributor of superior quality stud bolts and metal gaskets used in energy...
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May 06, 2014, 07:13 AM
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First Capital announced it has provided a $5 million asset-based credit facility to Bushman Organic Farms, Inc., a producer of organic soy meal and related products primarily for sale to the organic poultry industry. The senior credit facility...
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April 29, 2014, 07:53 AM
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First Capital announced it has provided a $20,000,000 revolving line of credit to Gulf Packaging, Inc., a national distributor of packaging supplies and equipment.First Capital was referred to the company because of First Capital’s ability to create...
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April 22, 2014, 06:59 AM
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First Capital, a national commercial finance company, announced it has provided a $5.8 million asset-based credit facility to Prototype Productions, Inc., a manufacturer of precision metal products and electronic equipment and provider of aerospace...
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April 15, 2014, 07:54 AM
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Hitachi Business Finance announced that Christopher Mitchell has joined their team as Regional Vice President, Business Development. Mitchell will concentrate his efforts on attracting new clients in the Southeast region, including Georgia, North and...
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March 21, 2014, 07:27 AM
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First Capital, a national commercial finance company, announced it has provided a $5 million asset-based credit facility to Nova USA Wood Products, LLC, a direct importer of high-quality hardwood flooring and decking products. The senior credit...
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March 13, 2014, 07:19 AM
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TBS Factoring Service announced that it is expanding beyond its transportation roots to serve a broad range of businesses in the United States through TBS Capital Funding, a newly formed subsidiary.
TBS Capital Funding will be headed by Senior Vice...
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March 03, 2014, 07:47 AM
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CBC Business Credit, a unit of California Bank of Commerce (CABC), announced the hiring of Melinda Ficek as Vice President. Ficek will be based out of Newport Beach/Los Angeles, CA area and will spearhead the Bank's business development activities in...
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February 26, 2014, 07:33 AM
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First Capital provided $20 million asset-based senior credit facility to a specialty seafood distributor. The senior credit facility consists of a $20 million working capital revolver collateralized by accounts receivable and inventory.
The company...
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February 20, 2014, 07:25 AM
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Hitachi Business Finance announced that MJ Hilker has joined the firm as Regional Senior Vice President, Business Development. According to Hitachi Business Finance Division President & COO Mike Semanco, Hilker will focus on building the company’s...
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January 15, 2014, 07:49 AM
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First Capital provided a $6.8 millioncredit facility to Advanced Pipeline Services, LLC, a provider of construction, installation, and maintenance services for oil and gas pipeline and field processing infrastructure. The senior credit facility...
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December 11, 2013, 07:00 AM
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First Growth Capital, a division of First Capital, announced today that it has provided a $3.5 million working capital credit facility to a distributor of outdoor apparel. The facility is collateralized by the client’s account receivables and...
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November 11, 2013, 08:02 AM
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First Capital has entered into a factoring agreement with YS Garments, Inc., dba Next Level Apparel. First Capital will be providing collections and credit guarantee services for YS Garments.
First Capital was chosen as the factor due to its ability...
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October 30, 2013, 07:21 AM
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First Capital, a national commercial finance company, announced it has provided a $10 million Accounts Receivable Purchase Facility to the U.S.subsidiary of a global manufacturer of specialty chemicals. The facility is in the form of a...
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October 23, 2013, 07:17 AM
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First Capital announced that Mignon Winston has been promoted to Senior Vice President. Winston will continue to operate out of the First Capital headquarters located in New York City where she had previously served as an Underwriter and later...
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October 03, 2013, 07:29 AM
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First Capital, a specialized commercial finance company, announced that it has provided a $9,000,000 Asset-Based lending facility to Xenon Arc, Inc., a provider of business process solutions and logistics services for specialty chemicals and related...
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September 16, 2013, 08:01 AM
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First Capital, a specialized commercial finance company, announced that it extended the maturity of its $150 million senior secured credit facility with a group of lenders, including Key Equipment Finance, through October 2014. “This transaction...
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August 13, 2013, 08:02 AM
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First Capital provided a $9 million asset-based lending facility to Sheffield Manufacturing, in conjunction with its acquisition by Hancock Park Associates and Next Point Capital. The senior credit facility consists of a working capital revolver...
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July 31, 2013, 07:28 AM
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First Growth Capital, a division of First Capital, announced the hiring of Shane O’Grady and Viet Ho as vice presidents and business development managers.
O’Grady will be based in Phoenix and will be responsible for business development and...
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July 30, 2013, 07:31 AM
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First Capital announced that Chris Gouskos has been promoted Texas business development manager. In his new role, Gouskos will be responsible for business development activities throughout the state of Texas as well as establishing a regional market...
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July 25, 2013, 07:41 AM
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First Capital announced the hiring of J. Patrick Moody as vice president in the Eastern Region of the Asset-Based Lending Group. He will be responsible for new business development throughout the Eastern United States.Moody is a financial...
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July 10, 2013, 07:43 AM
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First Capital provided a $7.5 million asset-based lending facility to Triunfo-Mex, Inc., a leading distributor of Hispanic products including candy manufactured at its Mexican affiliate. The credit facility is collateralized by the company’s...
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June 28, 2013, 07:14 AM
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Chromcraft Revington refinanced its credit facility on May 31, 2013 and entered into a new three year secured revolving credit facility with FCC, LLC (“First Capital”) of up to $9 million based upon eligible accounts receivable and inventory of the...
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June 04, 2013, 07:43 AM
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First Capital announced the hiring of Mark Schroeder, Vice President, in the Asset-Based Lending Central Region. Schroeder will be responsible for new business development in the Upper Midwest region with primary emphasis in Ohio, Indiana, Western...
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May 28, 2013, 07:51 AM
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First Capital, a specialized commercial finance company, announced it has provided a $7 million working capital facility to a manufacturer of pet food packaging. The senior credit facility consists of a $6 million working capital revolver...
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May 14, 2013, 07:36 AM
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First Capital provided a $15.6 million revolving line of credit to Colony, Inc., a manufacturer of fixtures and point-of-sale products for leading national retail chains. The senior credit facility consists of a $15 million working capital revolver...
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May 07, 2013, 07:29 AM
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First Growth Capital, a division of First Capital, announced the hiring of Daniel Rodrigue as senior vice president and national sales manager. Rodrigue will be based out of the First Growth Capital headquarters in Boynton Beach and will be...
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April 30, 2013, 08:07 AM
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First Capital provided a $10 million revolving line of credit to Key Industries, Inc., a manufacturer of quality work wear. The senior credit facility is collateralized by accounts receivable and inventory.
First Capital was selected as the working...
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April 29, 2013, 07:16 AM
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First Capital, a specialized commercial finance company, announced it closed its largest secured funding facility to date with the issuance of $283 million in floating rate secured notes in its third term securitization.
The debt includes a senior...
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April 23, 2013, 07:49 AM
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First Capital announced the hiring of Eric Serenkin in its ABL Eastern Division. Serenkin will lead and manage First Capital’s ABL New York office, a regional sales office for the ABL Eastern Region located in Atlanta. He will be responsible for all...
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April 01, 2013, 08:05 AM
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First Capital announced the hiring of Tom Sullivan, vice president, in the Factoring Western Region. Sullivan will be responsible for new business development throughout the Western region and will be based out of the Los Angeles office.
Sullivan...
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March 05, 2013, 08:08 AM
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Siemens First Capital Commercial Finance LLC won dismissal of a lawsuit accusing it of breach of contract over the cancellation of an initial public offering for a security-alarm service business.
Whitecap (US) Fund I LP sued Siemens First Capital...
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March 01, 2013, 07:10 AM
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First Capital provided $16.6 million in credit facilities to Lee Masonry Products, a distributor and manufacturer of concrete masonry products for residential and commercial construction. The senior credit facility consists of a $12 million working...
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February 26, 2013, 07:47 AM
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First Capital announced it renewed and extended the maturity to June 2015 on its $125 million senior secured credit facility with DZ BANK. The successful financing was an early extension and demonstrates the support for First Capital by its bank...
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December 05, 2012, 07:26 AM
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First Capital announced that Rob Garfalo has been promoted to Senior Vice President / Factoring Credit Officer. Mr. Garfalo will operate out of the First Capital headquarters located in New York City where he most recently served as Portfolio...
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December 04, 2012, 08:30 AM
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First Capital announced the hiring of Michel R. Lynch as a vice president in the Asset-Based Lending Central Region. Lynch will be responsible for new business development in the upper Midwest region with primary emphasis in Minnesota, Wisconsin...
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November 28, 2012, 07:48 AM
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