Page 7 - Based Lending News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Investegate announcements from Harbour Energy PLC, Half-year results for the six months to 30.06.2022

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...

Investegate announcements from Igas Energy PLC, RBL Redetermination Completed & Notice of Results

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...

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...