As the company rapidly expanded operations—particularly in water, storm and sewer utility upgrades, as well as generator substation renovations—it needed faster access to working capital to support growth. With projected sales increasing from $1.66...
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April 15, 2025, 06:45 AM
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First Citizens Bank announced that CIT Commercial Services has provided $100 million in financing to Wiesner Products, a leading designer, importer and distributor of men’s, women’s and children’s apparel and accessories.Located in New York, Wiesner...
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February 24, 2025, 07:15 AM
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Versant Funding funded a $1.8 million non-recourse factoring transaction to a company which administers group homes for adolescents who are victims of neglect and abuse.This newly formed business has relationships with State and County organizations...
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October 14, 2024, 05:00 AM
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First Business Bank's Accounts Receivable Financing group announced the funding of a $2 million factoring facility for a facility services provider. This new client provides various maintenance services for corporate clientele.“We are pleased to be...
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August 30, 2024, 06:00 AM
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Accord Financial Corp. is offering Canadian companies a fast and convenient way to obtain accounts receivables financing through the new AccordExpress Factoring Portal. The AccordExpress Factoring Portal offers financing between $500,000 and...
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April 26, 2023, 07:05 AM
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Culain Capital Funding completed a $750,000 accounts receivable factoring facility with a privately owned Specialty Maintenance and Welding Services Company. Through a referral to Culain Capital from a commercial loan broker, the company detailed...
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April 03, 2023, 07:00 AM
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ENGS Commercial Capital announced the recent closing of a $30 million Non-Recourse Factoring Facility for an industry-leading technology services company. For over 40 years, the company has been providing its customers with data and analytics that...
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July 23, 2020, 07:11 AM
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Bibby Financial Services announcesd the release of a new funding option, FastTrack. FastTrack is available to businesses seeking funds of up to $100,000 at 2.99 percent, which can alleviate day-to-day working capital pressures.Following the upload of...
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January 26, 2015, 06:00 AM
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