Stonebriar Commercial Finance (Stonebriar) announced the closing of a seven-year CAD $130 million ($95.24 million) term loan for a provider of specialty industrial and environmental services to oil and gas, chemical, and manufacturing end markets....
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June 25, 2024, 07:20 AM
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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...
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November 06, 2023, 07:18 AM
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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...
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August 16, 2023, 07:00 AM
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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...
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January 27, 2023, 07:20 AM
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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...
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November 11, 2022, 07:10 AM
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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...
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May 19, 2022, 07:17 AM
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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...
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October 25, 2021, 07:22 AM
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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...
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May 21, 2021, 07:03 AM
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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...
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February 22, 2021, 07:17 AM
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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...
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June 11, 2020, 07:15 AM
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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...
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October 18, 2019, 07:05 AM
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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...
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May 02, 2019, 07:20 AM
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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...
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April 02, 2019, 07:22 AM
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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...
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March 20, 2019, 07:25 AM
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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...
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December 06, 2018, 07:20 AM
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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...
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December 05, 2018, 06:50 AM
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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...
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August 31, 2012, 06:42 AM
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