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News Stories (7 Results) - Equipment Term Loan

UMB Capital Finance continues to fund millions in senior debt capital needs with the recent closings of four asset-based credit facilities. These new secured lines with commitments in excess of $21.3 million provide further financing resources to an... Read Story
May 07, 2020, 07:10 AM

North Mill Capital announced the funding of a $7 million asset-based revolving line of credit and a $1,575,000 equipment term loan facility to Aerospace Manufacturing Group, Inc. The proceeds were used for acquisition financing and working... Read Story
September 16, 2019, 07:20 AM

Peter Lowney, President of First Business Capital Corp., announced a recently closed and funded $6.1 million credit facility including a revolving line of credit, equipment term loan and a real estate term loan for a commercial door manufacturer... Read Story
August 12, 2019, 07:15 AM

Chicago-based lender, Loeb Term Solutions announced the graduation of a Midwest Gear Manufacturer after having provided an equipment term loan back in early 2017 to help with the acquisition of the company. The company, a manufacturer of gears used... Read Story
October 12, 2018, 07:10 AM

Peter Lowney, President, announced First Business Capital Corp. recently closed and funded a $3.4 million credit facility including a revolving line of credit and equipment term loan for a private-equity-backed transportation and storage business in... Read Story
June 12, 2018, 07:15 AM

Encina Equipment Finance announced it has provided an $11 million equipment term loan to a private equity-backed oilfield services company. The facility is being used to refinance certain existing debt and to fund new equipment purchases.Launched in... Read Story
April 25, 2018, 07:15 AM

TAB Bank announced the funding of two trucking companies in the Western United States.  The first transaction was closed with a trucking company in Idaho.  TAB has provided them with a $1 million line of credit based on accounts receivable.  In... Read Story
April 03, 2015, 07:03 AM