- Mountain Ridge Capital Provides $24 million credit facility to national fashion apparel distributor.
- J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
- Secured Lending Confidence Index
- VAH Announces Closing of $500 Million Warehouse Facility
- Rosenthal Closes $11 Million Asset- Based Lending Transaction for Seafood Importer and Distributor
CNH Finance Funds over $100,000,000 ABL and TL Transactions in 2020
January 26, 2021
Source: CNH Finance
CNH Finance is pleased to announce we have funded over $100,000,000 in new commitments, including revolving line of credit facilities secured by AR and Bridge to HUD term debt loans throughout 2020.
A total of over 30 transactions supporting healthcare providers and commercial and industrial companies.
Some of these transactions include a $6 million AR revolving LOC for an 881-bed hospital; a $2 million AR LOC to a AR revolving LOC; a $10 million AR revolving LOC to a drug delivery systems manufacturer and $4 million AR LOC and term loan to a skilled nursing facility.
CNH Finance specializes in middle-market asset-based lending providing clients working capital from $1MM to over $20MM. Financing is provided in the form of revolving lines of credit and term loans secured by accounts receivables, inventory, equipment, and real estate. CNH Finance provides growth and turnaround capital to healthcare providers and companies that may be experiencing limitations or delays on conventional bank loans. We serve clients in a variety of industries, from healthcare to business services, food and beverage, retail, manufacturing and distribution.
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