Loeb's clients continue to prosper thanks to its commitment to support companies in transitional financial states. In Q3 of 2023 alone, Loeb funded more than $12 million in machinery and equipment term loans. By extracting working capital from their...
Read Story
November 06, 2023, 07:18 AM
|
Platinum Equity announced it provided a second-lien term loan to Railway Equipment Leasing and Maintenance Inc. (RELAM) to refinance existing indebtedness and support future growth of the business. RELAM is a well-known provider of specialty rental...
Read Story
August 16, 2023, 07:00 AM
|
Loeb continues its long history of supporting companies in transitional financial states with $6.8 million in machinery and equipment loans in the fourth quarter of 2022. These loans will help the four businesses continue to operate smoothly by...
Read Story
January 27, 2023, 07:20 AM
|
Loeb announced it has provided four new term loans totaling $9.3 million. These loans will help four companies, in transitional financial states, grow their businesses by leveraging working capital from their existing machinery and equipment.Loan...
Read Story
November 11, 2022, 07:10 AM
|
Air Industries Group, an integrated Tier 1 manufacturer of precision assemblies and components for mission-critical aerospace and defense applications, and a prime contractor to the U.S. Department of Defense, announced Webster Bank (formerly...
Read Story
May 19, 2022, 07:17 AM
|
Stonebriar Commercial Finance announced the closing of a seven-year, $325 million term loan credit facility with Overseas Shipholding Group, Inc. (OSG), a leading provider of energy transportation services for crude oil and petroleum products in the...
Read Story
October 25, 2021, 07:22 AM
|
Align Business Finance, a provider of capital solutions to middle-market companies, announced the closing of a $1.4 million financing to a progressive family farm in West Central Iowa. The facility was structured as an equipment sale leaseback, with...
Read Story
May 21, 2021, 07:03 AM
|
Pitney Bowes Inc. announced the Pitney Bowes Bank has signed a term loan and accompanying revolving line of credit, demonstrating its continued commitment to the small- and mid-market business community. The term loan was signed with pharmaceutical...
Read Story
February 22, 2021, 07:17 AM
|
The best business solutions are the ones where everyone comes out a winner. The equipment professionals at Loeb have been creating winning solutions since 1880. In the past two months nine clients were able to grow their businesses by leveraging...
Read Story
June 11, 2020, 07:15 AM
|
Utica Equipment Finance, LLC announced the completion of two transactions during the Oct. 7-11.Utica Equipment Finance completed the funding of a $1,750,000 term loan (CAD $2,300,000) secured by machinery and equipment to a logging-based contractor...
Read Story
October 18, 2019, 07:05 AM
|
Wintrust Commercial Finance (WCF) announced it acted as lead arranger for a $90 million term loan facility for a national transportation and logistics services firm. Proceeds from the facility, which includes a $40 million accordion feature, will be...
Read Story
May 02, 2019, 07:20 AM
|
Sertant Capital completed a $10.5MM transaction for a full-service flexible film and paper packaging manufacturer and converter specializing in sustainable packaging for the food, beverage, nutraceutical, construction, textile and health care...
Read Story
April 02, 2019, 07:22 AM
|
Utica Leaseco, a provider of customized asset-based equipment financing solutions, announced the formation of an affiliate company, Utica Equipment Finance. The new entity will offer equipment-based term loans and leases to companies throughout North...
Read Story
March 20, 2019, 07:25 AM
|
Wintrust Commercial Finance (WCF), a division of Wintrust Asset Finance Inc., announced the funding of a $20 million term loan for a premier crane and rigging company with its headquarters in northern California. The funds were used to refinance...
Read Story
December 06, 2018, 07:20 AM
|
Triton International Limited, the world’s largest lessor of intermodal freight containers, announced its wholly owned subsidiary, Triton Container International Limited (TCIL), entered into a $1 billion term loan facility led by PNC Capital Markets...
Read Story
December 05, 2018, 06:50 AM
|
Peregrine Pharmaceuticals secured a $30 million term loan from Oxford Finance, MidCap Financial and Silicon Valley Bank. Under the loan facility, the company received initial funding of $15 million and has an option to receive an additional $15...
Read Story
August 31, 2012, 06:42 AM
|