Sterling National Bank Provides $2,500,000 to Web Packaging Solutions, LLC

Sterling National Bank's Commercial Services Group provided a recourse factoring facility of $2,500,000 to Web Packaging Solutions, LLC.

The credit facility will provide working capital for the company’s anticipated future growth.

Web Packaging Solutions was established in June 2021 and is an affiliate of Web Plastics Company LLC, which is headquartered in Houston, TX and operates as an importer & wholesaler of flexible packaging products used across a wide variety of business types.

Sterling’s Commercial Services financing solutions allow you to leverage your accounts receivable, inventory, equipment, real estate, and more. Wherever you’re located across the country, we can accommodate your borrowing needs. We service a range of business categories, including wholesalers, distributors, manufacturers, consumer goods, staffing, and service companies. If you’re looking to scale operations, it takes more than money. You need a financial ally who understands your business, has the resources to support your growth, and most importantly, listens.