eCapital Corp. has delivered a $6.5 million asset-based lending facility to support the growth and working capital needs of a home furnishings company based in North Carolina.The business sought a more efficient and flexible capital solution to...
Read Story
November 25, 2025, 07:01 AM
|
Sallyport Commercial Finance announced the closing of a $2 million Accounts Receivable financing facility for a leading provider of turnkey furniture and fixtures for the education sector.Referred to the organization via its parent company, the...
Read Story
September 23, 2025, 07:04 AM
|
Growth in the U.S. furniture industry continues to outpace the U.S. economy, due in large part to strong performances in bedroom and dining room furnishing sales. While housing continues to improve and discretionary spending increases, the sector...
Read Story
October 16, 2015, 07:00 AM
|
After several years of slow growth, middle market furniture executives are feeling more optimistic about the future of their sector. According to Jon Lucas, President of CIT Commercial Services, and Mike Hudgens, Southeast Regional Manager of CIT...
Read Story
May 13, 2014, 06:17 AM
|
CIT Group, Inc. announced that it arranged two senior secured credit facilities totaling $41.6 million to the Downstream Development Authority, a subsidiary of the Quapaw Tribe of Oklahoma. The financings will support the development of a new...
Read Story
June 12, 2012, 06:30 AM
|