Commercial Finance Partners announced a record-breaking third quarter, closing a diverse mix of transactions across SBA, conventional and factoring products. The team’s creativity and execution drove record revenue and growth, supporting clients and lending partners across multiple industries.

Highlighted Transactions

• $2,765,000 Term Loan for the acquisition of an apparel business, financing 90% of the purchase price with an additional $500,000 AR line of credit carve-out.
• $1,500,000 Government AR Factoring Facility for a supplier of propulsion systems, supporting government contract growth and working capital.
• $5,000,000 SBA 7(a) Term Loan to refinance high-interest debt on a golf course, improving long-term cash flow.
• $6,500,000 Conventional Loan for the acquisition of a division of a larger machinery manufacturing company, with a $1,000,000 AR line of credit carve-out.
• $7,580,000 Conventional Loan for an existing client acquiring an assisted living facility and refinancing existing debt—zero cash injection required. 

“Our team fired on all cylinders in Q3,” commented Darren Palestine, Managing Partner. “It was our most creative and successful quarter to date, both in terms of revenue and client impact. We helped other factors and lenders close complex transactions that would have been impossible without our involvement, and we continued to grow our own balance sheet through strategic carve-outs on term loans.”