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News Stories (32 Results) - Working Capital

MidFirst Business Credit (MFBC) announced it recently provided a working capital facility to Custom Equipment, LLC. Headquartered in West Bend, WI, Custom designs and manufacturers highly versatile scissor lifts that due to their unique agility, size... Read Story
January 30, 2024, 07:05 AM

First Citizens Bank announced that CIT Northbridge Credit, as advised by First Citizens Institutional Asset Management LLC, has provided working capital financing via a revolving line of credit to Winona Foods in Green Bay, WI.Winona Foods is a fully... Read Story
December 21, 2023, 07:08 AM

Visa released its first-ever 2023-2024 Growth Corporates Working Capital Index (WCI). The study surveyed CFOs and treasurers of growth corporates, organizations that have unique needs and capabilities but often fall through the cracks between small... Read Story
September 19, 2023, 07:00 AM

CIT Commercial Services, a subsidiary of First Citizens Bank, announced leadership changes as it continues to align its business to support clients and future growth.Tom Fingleton, who has served as Northeast Regional Manager since March 2019, has... Read Story
May 09, 2023, 07:18 AM

Oxford Commercial Finance (OCF), a subsidiary of Oxford Bank, is announcing an expanded line of flexible working capital solutions for small to medium-sized businesses, increased customer base, and a new website with helpful resources for business... Read Story
April 19, 2023, 07:10 AM

Solifi, a global fintech software partner for secured finance, announced Merchant West Group, a leading privately owned South African financial institution, will upgrade from an on-premise system to Solifi ABL on the Open Finance Platform.The upgrade... Read Story
March 29, 2023, 07:20 AM

LSQ announced the hire of Brian Rieber as Vice President of Working Capital Solutions. In his role, Rieber will be focused on helping companies create supply chain finance programs to meet their liquidity needs.Rieber has more than 20 years... Read Story
March 17, 2023, 07:10 AM

Eastern Bank announced Crime Prevention Security Systems, LLC (CPSS) as a new commercial customer. Founded in 1975 by John Pastore, Founder and President, and his wife, Randi Elrad, Vice President of Sales, CPSS is a family-owned business.... Read Story
October 13, 2022, 07:05 AM

The team at Marlin Leasing Corporation has been working on a global rebrand to PEAC Solutions, which will be completed by the end of 2022. In planning for the company’s future growth, it has increased operations to deliver more efficient and... Read Story
September 15, 2022, 07:23 AM

Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it secured a total of $23,050,000 in ABL/factoring financial solutions for 19 new clients; Crestmark Equipment Finance provided $21,489,603 in 17 new large ticket transactions... Read Story
February 16, 2022, 07:13 AM

Global Business Development Division (GBD), a New York-based sales team at Mitsubishi HC Capital (U.S.A.) Inc. (MHCUSA), has closed a $13 million working capital financing for large wind power projects outside the United States.MHCUSA is acting in... Read Story
January 14, 2022, 06:50 AM

eCapital has named Jeffrey Duclow as Senior Vice President, Business Development Officer. Duclow brings more than 30 years of expertise providing working capital financing to staffing companies.In this role, Duclow will be responsible for new... Read Story
September 28, 2021, 07:15 AM

White Oak Global Advisors (“White Oak”) has completed the acquisition of Finacity Corporation (“Finacity”) a global leader in working capital and trade finance funding solutions to global businesses.  Finacity originates, structures and places over... Read Story
September 21, 2021, 07:16 AM

Wells Fargo Commercial Capital, part of Wells Fargo & Company, announced it has provided an integrated working capital financing solution to Southwire Company, LLC, one of North America’s leading manufacturers of wire and cable. The innovative... Read Story
August 27, 2021, 07:20 AM

Encina Business Credit, LLC announced a recapitalization and a significantly expanded capital base provided by Barings LLC-affiliated funds along with participation by Encina management. This recapitalization provides liquidity necessary for Encina... Read Story
August 06, 2021, 07:20 AM

Utica Equipment Finance announced it completed the funding of a $2,300,000 capital lease secured by machinery and equipment to a coal company headquartered in Kentucky with operations in the Central Appalachian region. Utica provided additional... Read Story
April 26, 2021, 07:15 AM

North Mill Equipment Finance LLC announced it has restructured its working capital solution to make it more competitive with other, less cost-effective options on the market.The financing arrangement, called Cash Out, allows a customer to borrow the... Read Story
April 13, 2021, 07:16 AM

IDS, a leader in enterprise mission-critical solutions for secured finance, has agreed to acquire White Clarke Group, a provider of retail, fleet, wholesale and asset finance solutions for the automotive and equipment finance markets. The two... Read Story
April 07, 2021, 07:15 AM

TAB Bank announced it has provided a $1 million asset-based credit facility for a transportation company located in Michigan. The facility is based on a multi-year agreement and will provide for the company’s ongoing working capital needs. In... Read Story
December 08, 2020, 07:10 AM

Utica Equipment Finance announced it has completed the funding of a $10 million Capital Lease for a Steel Mill in Louisiana. The assets financed included, land, building loading dock, crane and machinery and equipment. Utica provided funds for... Read Story
April 17, 2020, 07:20 AM

Hitachi Capital America, a specialty finance company focusing on commercial loans and leases, is expanding its suite of working capital solutions in the Mexican marketplace, all while having witnessed a substantial growth of 30 percent in its trade... Read Story
May 22, 2019, 07:15 AM

American Express announced a new addition to its suite of business financing products, which are designed to help businesses with access to working capital and short-term financing: Business Loans. Business Loans offer small businesses quick access... Read Story
October 13, 2017, 07:20 AM

CIT Group announced that its Direct Capital business, known for its proprietary online lending platform and market-leading customer service, has provided more than $4 billion in equipment financing and working capital loans since its inception in... Read Story
May 05, 2017, 07:14 AM

Quick Bridge Funding LLC, a financial services firm serving small- to mid-sized businesses, is pleased to announce its expansion into the direct-to-business market with a new organizational identity. Quick Bridge Funding, now QuickBridge, intends to... Read Story
November 16, 2016, 07:00 AM

Chesswood Group Limited announced that Windset Capital Corporation, its U.S. working capital loan subsidiary, will discontinue accepting new loan applications from its brokers and independent sales organization network effective September 26, 2016... Read Story
September 20, 2016, 07:18 AM

Fora Financial, a provider of flexible working capital solutions to small businesses, announced that it has reached the milestone of providing over $500 million of working capital to over 10,000 customers across the country. This landmark achievement... Read Story
July 05, 2016, 07:15 AM

Lendio announced it has joined website domain registration site GoDaddy marketplace to support the funding needs of more than 14 million small business owners and entrepreneurs. This will not only increase Lendio’s reach and potential customer base... Read Story
May 26, 2016, 07:03 AM

Two transportation companies based in Utah have chosen TAB Bank for working capital credit facilities. Since its founding, TAB Bank has partnered with trucking companies to create fast and flexible financing solutions that keep companies running... Read Story
April 25, 2016, 07:07 AM

Quick Bridge Funding, a privately-held, Inc. 500 financial services firm, announced president, Ben Gold, will serve as both a moderator and a panelist at the flagship LendIt USA 2016 conference in San Francisco, California April 11-12, 2016. LendIt... Read Story
April 06, 2016, 07:10 AM

Quick Bridge Funding, a privately-held, Inc. 500 financial services firm, announced it has been named a leader and winner in the 2016 BIG Innovation Awards presented by the Business Intelligence Group based on internally building its new innovative... Read Story
February 10, 2016, 07:10 AM

Palladium Equity Partners, LLC (along with its affiliates, "Palladium"), a private investment firm with over $2.0 billion in assets under management, announced that one of its affiliates has made a significant investment in partnership with the... Read Story
October 15, 2015, 07:04 AM

GE Capital, Commercial Distribution Finance (CDF) is expanding the pool of working capital financing available to small and middle market information technology (IT) solution providers. With secured lending from a reliable liquidity source... Read Story
June 12, 2014, 06:50 AM