TAB Bank is pleased to announce it has provided a $10 million asset-based revolving credit facility for a drone manufacturing company located in California. The new facility is extended through a multi-year agreement and will provide for the company’s ongoing working capital needs.

Artis Trade Systems (“Artis”) announces it added another client to ArtisPay©, Artis’ supply chain finance (SCF) software platform. On July 29th, Artis entered into an agreement with an independent lender based in Florida.

Leading full service residential solar provider announces lender commitment to warehouse debt facility to fund continued growth.

Capital to Fuel Company's New Business Growth Endeavors

The credit facilities provide financing for a strategic acquisition and will provide working capital for the company going forward.

North Mill Equipment Finance LLC (“North Mill”), a leading independent commercial equipment lessor located in South Norwalk, Connecticut, announced today yet another record-breaking month in originations as the company posted $15 million of aggregate volume in July.

An existing client of Allied received an acquisition opportunity with an assignment for the benefit of creditors sale and was seeking financing for the purchase, along with ongoing working capital for their operations and growth.

Christopher Addison, Shawn Janko, Jake Nash to Join Bank as Managing Directors

CIT Group Inc. (NYSE: CIT) announced that it served as sole lead arranger of a $60 million financing for Carolina Restaurant Group (CRG), operators of 108 Wendy’s restaurant franchises across North Carolina and South Carolina.

Crestmark secured a total of $27,055,000 in ABL financial solutions for 13 new clients; Crestmark Equipment Finance provided $4,673,558 in four new lease transactions; Crestmark Vendor Finance provided $6,870,396 in 49 new lease transactions; the Joint Ventures Division provided $1,369,370 for one new client; and the Government Guaranteed Lending Division provided $2,010,000 in financing for three new clients in the second half of July.

In this role, Travis will be responsible for new business origination and other business development objectives in the southeastern U.S.

Through the Bank on Building a Brighter Community campaign two-and-a-half hours of tutoring will be donated for every qualifying checking account opened

Rosenthal & Rosenthal, Inc., today announced the completion of a recent $2 million purchase order finance facility to support the production financing requirements of a California-based cosmetic and beauty products company.

UMB Capital Finance is pleased to announce that Rhett Bentley has joined its business development team as a Senior Vice President - Asset Based Lending.

Vcheck Global opens new D.C. office to service significant growth in the background check and due diligence market and makes two strategic hires.

Diamond Business Credit is excited to announce that Dan Roderigues has joined the firm to lead the new business development effort.

LBC served as Agent and Sole Lead Arranger for the senior secured credit facility.

Reaffirms Plan to Emerge from Chapter 11 in Fourth Quarter Calendar 2019

Barneys secured $75 million in new financing from affiliates of Hilco Global and the Gordon Brothers Group to help it keep operating as it navigates the bankruptcy court, it said in a statement.