Bell Business Credit Provides $2,000,000 Asset-Based Credit Facility to Fulfillment/Logistics Firm
June 20, 2023
Source: Bell Bank
Bell Bank, through its Bell Business Credit asset-based lending business channel, provided a $2,000,000 credit facility to a Kentucky-based promotional fulfillment and logistics firm specializing in digital marketing campaigns for Fortune 500 entities. This facility was a refinance from the firm’s existing lender to further support the ongoing working capital needed for a quickly expanding business.
“Our national lending team is excited to facilitate solutions like this one,” observed Kei Lehigh, president of Bell Business Credit. “We bring decades of combined commercial experience to specialized lending that helps businesses like this in a challenging credit environment and economy.”
About Bell Business Credit:
Bell Business Credit is a working capital provider serving a wide range of industries and clients located throughout the U.S. Bell Business Credit couples the strength of its experienced team with a suite of financing solutions including asset-based loans, accounts receivable financing, and factoring. For more information, visit Bell Business Credit online at https://bell.bank/business/lending/bell-business-credit.
About Bell Bank:
Bell Bank (Member FDIC) is one of largest family- and employee-owned banks in the nation, with total assets of over $13 billion. Founded in 1966, Bell is headquartered in Fargo, N.D., with full-service banks in North Dakota, Minnesota and Arizona, as well a loan production office in Colorado. Bell has grown 16.7% annually since 2013 by adding great people and building strong client relationships and an award-winning culture. Since 2008, the company’s unique Pay It Forward initiative has empowered more than $26 million in employee-driven charitable giving. Throughout its history, Bell’s private ownership has embraced the philosophy of putting people over profits and the long-term horizon over short-term gains to create “the Bell difference.”
“Our national lending team is excited to facilitate solutions like this one,” observed Kei Lehigh, president of Bell Business Credit. “We bring decades of combined commercial experience to specialized lending that helps businesses like this in a challenging credit environment and economy.”
About Bell Business Credit:
Bell Business Credit is a working capital provider serving a wide range of industries and clients located throughout the U.S. Bell Business Credit couples the strength of its experienced team with a suite of financing solutions including asset-based loans, accounts receivable financing, and factoring. For more information, visit Bell Business Credit online at https://bell.bank/business/lending/bell-business-credit.
About Bell Bank:
Bell Bank (Member FDIC) is one of largest family- and employee-owned banks in the nation, with total assets of over $13 billion. Founded in 1966, Bell is headquartered in Fargo, N.D., with full-service banks in North Dakota, Minnesota and Arizona, as well a loan production office in Colorado. Bell has grown 16.7% annually since 2013 by adding great people and building strong client relationships and an award-winning culture. Since 2008, the company’s unique Pay It Forward initiative has empowered more than $26 million in employee-driven charitable giving. Throughout its history, Bell’s private ownership has embraced the philosophy of putting people over profits and the long-term horizon over short-term gains to create “the Bell difference.”
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