Bridge Bank's Capital Finance Group closed on a $10 million asset-based loan facility for Zuum Transportation Inc., a California-based logistics technology provider for manufacturers, freight brokers and carriers.“It’s rewarding to work with a...
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January 13, 2022, 08:00 AM
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Ridgemont Equity Partners, a buyout and growth equity investor, announced the recapitalization of eShipping, a leading, tech-enabled, non-asset based provider of managed transportation logistics services to mid-sized shippers. Ridgemont led the...
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November 17, 2021, 08:00 AM
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mBank Business Credit provided a $6 million line of credit to an Ohio based distributor/logistics firm.
The firm was looking for a new lender as they were considered too small for the Major Bank they dealt with. There business model is in transition...
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March 21, 2019, 08:00 AM
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Allied Affiliated Funding, a division of Axiom Bank, N.A., announced the following recently closed transactions:
$2,500,000 in Receivables Financing to a Texas-based based, woman-owned business that designs and manufactures BBQ grills, selling to...
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January 23, 2019, 07:00 AM
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Amerisource Business Capital announced the closing and funding of a $3,000,000 credit facility for a transportation and logistics firm based in upstate New York. The company was introduced to Amerisource by its banker. Proceeds from the facility were...
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February 13, 2018, 07:00 AM
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A&R Logistics Inc. announced that it has successfully completed a refinancing of its existing $40 million in subordinated debt with two new partners, Brookside Mezzanine Partners and Hartford Investment Management Company (HIMCO). This is last step...
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January 08, 2018, 08:00 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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Trade Finance Solutions (TFS) announced that it will fund a U.S.-based company that provides financing and logistical support to businesses in the luxury automobile industry in North America, Europe, Mexico and China.
The high-growth business...
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August 03, 2017, 07:00 AM
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Janel World Trade, a full-service global provider of integrated transportation logistics, today announced that the company has entered into a $3.5 million loan and security agreement with Presidential Financial Corporation (Presidential).
The new...
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April 04, 2014, 07:31 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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