Veritas Financial Partners, a leading specialty finance company, announced the closing of a $10 million accounts receivable financing facility in partnership with Prestige Capital Corporation, a nationwide factoring firm servicing small and mid-sized...
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April 06, 2018, 07:00 AM
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Veritas Financial Partners announced the closing of a $7.5 million credit facility for Colonna Brothers, Inc. in support of its future growth. The closing of this transaction contributed to Veritas’s record second quarter volume of $45 million in...
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September 13, 2017, 07:00 AM
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Veritas Financial Partners announces the closing of a $10 million revolving credit facility for Ameriflight, LLC. Ameriflight utilized the proceeds to refinance their existing senior debt and to provide additional working capital for the...
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August 04, 2017, 07:00 AM
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Veritas Financial Partners announced the closing of a $25MM credit facility for BSD Capital, LLC, a Bloomfield Hills, Michigan based investment manager. The credit facility expands BSD Capital’s capacity to provide access to capital to a variety of...
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July 27, 2017, 08:01 AM
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Veritas Financial Partners announced the closing of a $3 million asset based revolving credit facility for Columbia Systems International of South Carolina Inc. Columbia Systems utilized the proceeds to refinance its existing senior debt and to...
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June 02, 2017, 07:00 AM
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Veritas Financial Partners has closed a $3 million credit facility for Hammond Electronics, Inc. to refinance their existing senior debt and provide additional working capital for their business. Located in Orlando, Florida, Hammond is a broad line...
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January 10, 2017, 07:00 AM
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Veritas Financial Partners has provided working capital and growth financing to Archie Comic Publications, Inc. The financing supports the company’s current publishing operations as well as its expansion and diversification into various media...
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June 02, 2016, 07:44 AM
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Veritas Financial Partners completed two transactions last week totaling $7.1 million:
A $5.6 million combined revolver plus term loan to a leading fabricator of food service stations and kiosks based in Tennessee. Veritas tailored a single...
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March 29, 2016, 07:55 AM
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Veritas Financial Partners has completed a $3 million debtor-in-possession financing for an equipment rental and services company to support its recapitalization in the face of challenging industry conditions. The facility will be used to repay the...
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January 27, 2016, 07:50 AM
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Veritas Financial Partners has completed an $8 million financing for a food packaging company based in Tennessee. The company hit a wall with its current bank and needed a comprehensive solution to propel it forward. Veritas delivered:
A tailored...
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November 03, 2015, 07:32 AM
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Carl R. Bieber, Inc. ("Bieber"), a Kutztown, Pennsylvania-based transportation and motorcoach company, services customers throughout the United States, but primarily in central and eastern Pennsylvania, New York City and New Jersey. The company...
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May 07, 2014, 07:43 AM
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Veritas Financial Partners provided a $5.5 million credit facility collateralized by the borrower’s account receivables and M&E. The line of credit was utilized to refinance existing indebtedness and for general ongoing working capital needs. The...
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May 05, 2014, 07:42 AM
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Veritas Financial Partners and Midland American Capital announced the recent funding of a $2.8 million credit facility to a California-based telecommunications services provider.
The company is a wireless solutions provider that offers Network...
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October 30, 2013, 07:41 AM
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Veritas Financial Partners & Midland American Capital announced the firms provided a $3 million credit line to a manufacuter of home furnishings. The company is a southeastern based manufacturer of decorative home furnishings and specializes in...
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October 04, 2013, 07:28 AM
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Phoenix Capital Resources acted as the exclusive investment banker to a leading undisclosed North American manufacturer and compounder of Nylon 6, Nylon 6/66, Nylon 6/9, specialty nylons, polycarbonate and other polymer products (the “Company”). The...
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September 24, 2013, 08:02 AM
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Veritas Financial Partners provided a $13 million funding solution in connection with a broader refinancing of a nylon products manufacturer's current revolving credit line. The total transaction was $43 million, of which Veritas provided a $13...
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July 18, 2013, 07:24 AM
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Veritas Financial Partners successfully closed a $6 million senior secured revolving line of credit for a custom supplier of store fixtures, kiosks and displays. The Company came to Veritas Financial Partners seeking growth working capital and...
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June 26, 2013, 07:16 AM
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Veritas Financial Partners successfully closed a $5.5 million senior secured revolving line of credit for the company secured by accounts receivables and inventory, and a $1 million capital expenditure facility secured by equipment.Headquartered in...
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May 22, 2013, 09:13 AM
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Veritas Financial announced it provided a $2.8 million credit facility to a cell tower service provider. Headquartered in the Southeast, the company has provided services for cell towers throughout the United States since 1997. Prior to receiving...
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May 09, 2013, 07:48 AM
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StoneCastle Securities LLC, a leading provider of private equity and debt capital placement services, announced that it was the exclusive placement agent in securing a $50 million line of credit for Veritas Financial Partners ("Veritas")...
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December 07, 2012, 07:36 AM
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