Commercial Finance Partners (CFP), headquartered in Boca Raton, FL, announced Darren Palestine has joined the company as managing partner. Palestine was previously the director of sales for Crossroads Financial, a nationwide asset-based lender...
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July 19, 2016, 07:36 AM
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Crossroads Financial announced that it has provided a $500,000 purchase order financing facility for the benefit of a distributor of children’s toys. The company, faced with large orders ahead of the Star Wars movie premier, needed to pay their...
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December 18, 2015, 07:35 AM
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Crossroads Financial announced that it has provided an $800,000 inventory line of credit for the benefit of a sporting goods manufacturer and distributor. Faced with seasonal challenges, high growth, and Inventory requirements exceeding traditional...
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July 21, 2014, 07:31 AM
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Crossroads Financial announced that it has provided a $750,000 inventory financing facility and a $500,000 purchase order financing facility for the benefit of a manufacturer and wholesale- distributor of jewelry. The company, needing to exit an...
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April 28, 2014, 07:09 AM
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Crossroads Financial announced it has closed a $750,000 Inventory revolving line of credit for the benefit a manufacturer and distributor of nutritional products. The incumbent lender, providing a factoring facility and a small inventory...
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June 26, 2013, 04:16 PM
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Crossroads Financial provided a $4 million purchase order financing facility for the benefit of an importer of luggage and accessories. Needing to exit a traditional banking relationship, the company turned to Crossroads to assist in filling orders...
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June 05, 2013, 08:14 AM
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