Supply chain disruptions are a prominent concern currently in the U.S. and across the globe. “We are all aware of the container ships lined up at ports, and months’ long delays in delivery times,” says Kirk Mann, Senior Vice President and GM of...
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December 01, 2021, 06:00 AM
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TradeCap Partners recently closed a $3 million supply chain finance facility for lighting distributor based in Colorado.Supply chain disruptions over the last eighteen months had placed strain on the Company’s relationship with suppliers. Facing...
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September 13, 2021, 08:00 AM
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Ballard Spahr represented Visible Supply Chain Management in its acquisition by integrated container logistics company A.P Moller-Maersk, the world’s largest container shipping and vessel operator.Visible Supply Chain Management operates nine...
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August 27, 2021, 08:00 AM
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Coronavirus-driven reduction in demand, and operational and supply chain disruptions, have resulted in a material uptick in bankruptcies and distress in the U.S. automotive industry, according to a new Fitch Ratings report. "Over the long term...
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January 11, 2021, 07:30 AM
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Sallyport Commercial Finance provided a $4 million Accounts Receivable Financing Facility to a sponsor backed metal components company. The client had their supply-chain deeply affected by COVID-19 and as a result, needed a financing partner to help...
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January 08, 2021, 07:50 AM
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Santander Bank announced its Equipment Finance group closed a $72.25 million equipment line of credit with Android Industries LLC in the U.S. Android will use the financing to further expand its operations by refinancing $40 million of its existing...
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March 07, 2018, 08:01 AM
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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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King Trade Capital (KTC) announced the recent funding of a $1 million purchase order finance commitment for a Washington-based designer and importer of specialty cooking tools. After raising some initial capital from family members, this rapidly...
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October 15, 2014, 07:33 AM
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The Great Recession changed the face of the banking and finance worlds for many businesses in the apparel sector. Over this period, many business owners turned to accounts receivable factoring to access flexibility in lending and the expertise a...
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August 12, 2014, 07:20 AM
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Business Capital announced that it has secured a $4.75 million credit facility, including a $750,000 seasonal over-advance, for Numi Organic Tea. The company was established in 1999 and is a worldwide importer and distributor of specialty premium...
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February 26, 2014, 07:23 AM
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Keltic Financial Services announces the recent funding of a $2.5 million senior secured revolving line of credit to MDR Specialty Distribution Corp.MDR Specialty Distribution, a privately held company headquartered in Newport News, Virginia, is a...
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February 12, 2014, 07:14 AM
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Marquette Business Credit announced it has provided American West Worldwide Express, Inc. with a $2.5 million revolving line of credit to support its continued growth. American West is a full service logistics provider with multiple solutions to...
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November 12, 2013, 08:31 AM
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King Trade Capital (KTC) established a $1 million supply chain finance solution for a fluid pump designer and importer. KTC’s facility will allow the client to fulfill a six-figure backlog of orders and the ongoing relationship will allow the client...
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March 22, 2013, 07:07 AM
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