- J D Factors Provides $5,425,000 in new Factoring Facilities to 22 New Clients
- Avid Technology Announces Closing of Debt Refinancing Resulting in Expected $10 Million Annual Interest Savings
- Fifth Third Business Capital Provides a New $15 Million Senior Credit Facility to Support the Refinancing of Puraglobe Syntainics, LLC
- LBC Supports the Refinancing and Add-on Acquisition for Sciens Building Solutions
- OHA Leads Private Debt Financing Supporting Majesco’s Acquisition of Vitech
First Bank Provides $13MM Line of Credit to a Building Supply Company
March 25, 2025
Source: First Bank
First Bank announced it has provided a $13 million working capital revolving line of credit to a building supply company servicing the tristate area located in Walden New York.
“We were extremely satisfied with the ABL team at FirstBank," said the building supply company's CEO. "They worked with us through every step of the process and made our transition from another bank as seamless as possible. They took the time to understand our business and needs. I highly recommend them to anyone seeking an asset-based loan”.
© 2025 Secured Finance Network


.jpg?sfvrsn=f1093d2a_0)
