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Cambridge Savings Bank Supplies Crave Better Foods a Revolving Line of Credit to Support Extensive Growth Strategy  - News

Cambridge Savings Bank (CSB), a full-service mutual bank with a customer-first approach and more than $5 billion in assets, announced that its Asset-Based Lending team provided a revolving line of credit to Crave Better Foods, LLC, a provider of premium ice cream cookie sandwiches and frozen novelties located in Stamford, CT. In collaboration with...
United Kingdom United States David Clarke Gordon Obrien Cambridge Savings Bank Better Foods

Crestmark Provides $101.7MM+ in Commercial Financing to 142 Businesses - News

Crestmark, the Commercial Finance Division of MetaBank, N.A., secured a total of $56,450,000 in ABL/factoring financial solutions for 26 new clients; Crestmark Equipment Finance provided $25,043,991 in 21 new large ticket transactions and $11,837,288 in 93 new small-ticket vendor transactions; and the Structured Finance group provided $8,369,000 in...
New York United States New Jersey North Carolina Division Of Metabank Commercial Finance Division

WHY BUSINESS OWNERS SHOULD CONSIDER ASSET-BASED LENDING - Article

Source: EquipmentFA.com, Date: 3/8/2022 7:00:00 PM, Article: Bankers traditionally look at available cash flow of a company (basically its operating profit), when considering the creditworthiness for a loan. But some healthy businesses don't fit nicely into that approach. An Asset-Based Lending approach can be a better way to secure capital for those businesses, says Keith Broyles, Senior Vice President...
United Kingdom Keith Broyles Lending At Cambridge Savings Bank Asset Based Lending Senior Vice President Cambridge Savings Bank

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Crestmark Provides $200.9MM+ in Commercial Financing to 179 Businesses - News

Crestmark, the Commercial Finance Division of MetaBank, N.A., announced it provided more than $200.9 million in commercial financing to 179 businesses in December. Crestmark secured a total of $46,424,626 in ABL/factoring financial solutions for 22 new clients; Crestmark Equipment Finance provided $34,752,249 in 35 new transactions; Crestmark...
United States North Carolina West Virginia Division Of Metabank Commercial Finance Division Crestmark Equipment Finance

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