Pacific Mercantile Bank, the wholly owned subsidiary of Pacific Mercantile Bancorp, announced that it has provided a $2.5 million revolving line of credit to Karish Industries. In addition to the financing, Karish Industries utilizes a full suite of...
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September 05, 2018, 07:00 AM
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MB Business Capital, a division of MB Financial Bank, N.A., announced it recently provided a new Revolving Credit Facility to Chicago, Illinois-based Zorch International, Inc. Founded in 2001, Zorch is a value-added distributor of branded promotional...
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May 02, 2018, 08:00 AM
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Bibby Financial Services announced that it has funded a $4 million factoring facility for an Alberta-based distributor. The company markets high quality and energy-efficient wood-pellet-burning barbecue grills.After three years with its current...
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September 30, 2014, 07:55 AM
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Brookridge Funding announces the completion of $4.5 million of funding facilities for two new clients. The clients were introduced to Brookridge by their factors or asset-based lenders and include:
A $3 million facility for an importer of men’s...
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May 21, 2014, 07:12 AM
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King Trade Capital (“KTC”) announced the recent funding of a $10 million purchase order finance facility for a New Jersey and Hong Kong based importer and distributor of consumer electronics.
KTC was approached by an investment bank representing the...
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April 16, 2014, 07:12 AM
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Star Funding Inc. announced that it has provided $750,000 in financing to a New York based manufacturer and distributor of general merchandise goods with annual sales of $3 million. The financing facility will provide the client accounts receivable...
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October 24, 2013, 08:46 AM
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Amerisource announced the closing and funding of a $1.5 million credit facility for a distributor of machinery and drilling parts based in Colorado.
The financing was provided in conjunction with a buyer’s purchase of the business. This successful...
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October 09, 2013, 07:19 AM
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