Jan 12, 2022 | Asset Based Financing, Fundings
The funds were used to repay the previous lender and provide additional ongoing working capital for the company. Headquartered in Wisconsin, Dana Foods Inc. and National Dairy Trade are value-added distributors of powdered milk and other various products. SLR...Read more
Oct 21, 2021 | Announcements, SLR Business Credit
Princeton, New Jersey SLR Business Credit announced that Randy Mitzman has joined the company as a Managing Director and Senior Vice President. He will be primarily focused on SLR’s FastPay subsidiary. FastPay provides asset-based loans and factoring to digital media...Read more
Sep 15, 2021 | Asset Based Financing, Asset Based Lending, Fundings, Revolving Line of Credit, Working Capital, Working Capital Financing
SLR Business Credit Provides Expanded Credit Facility to Gordon Lumber Gordon Lumber is a building products supplier and component manufacturer headquartered in Ohio and was originally formed in 1868. The new financing arrangement enhances Gordon’s ability to service...Read more
Aug 30, 2021 | Announcements, In The News, SLR Business Credit
As published in The Secured Lender (PDF DOWNLOAD) September 2021 Volume 77, Issue 66 In 2016, the Secured Finance Network launched the 40 Under 40 Awards, announcing it was looking for the best and brightest in our industry. This awards program was introduced to honor...Read more
Aug 12, 2021 | Press Release, SLR Business Credit
Princeton, New Jersey — North Mill Capital LLC (d/b/a SLR Business Credit) (the “Company” or “SLR-BC”), today announced that it acquired Fast Pay Partners, LLC. Based in Los Angeles, CA, Fast Pay Partners enables clients to accelerate receivables and access liquidity...Read more
May 10, 2021 | In The News
The Secured Lender Rising Together: Women in Secured Finance Profiles By Paula Currie, Senior Vice President, PNC Business Credit ISSUE PDF Welcome to The Secured Lender’s Sixth Women in Secured Finance issue. Rising Together. This concept serves as both the theme...Read more
May 10, 2021 | Fundings, Working Capital Financing
Headquartered in Anchorage, Alaska, Copper River Seafoods, Inc. is a leading value-added processor and distributor of premium quality salmon and seafood products. The funds provided under SLRBC’s revolver secured by accounts receivable and inventory were used to...Read more
May 3, 2021 | Accounts Receivable Financing, Fundings, SLR Business Credit
When current ownership acquired East Coast Components this past fall, the purpose was to have a truss supplier for their own growing Ag building company. That started to change as orders started flowing in due to the high growth of the residential, multifamily, and...Read more
Apr 26, 2021 | Asset Based Financing, In The News, SLR Business Credit
Issue Q1, 2021 TOP WOMEN IN ASSET-BASED LENDING ABF Journal’s inaugural Top Women in Asset-Based Lending feature includes profiles of more than 50 of the most influential and innovative women in the industry. This first class of honorees features professionals from...Read more
Apr 19, 2021 | Asset Based Financing, Asset Based Lending, Fundings, SLR Business Credit
$12,000,000 Asset Based Revolving Line of Credit to a distributor of veterinary medicine & supplies: Working through an investment banking group, the owners of this veterinary supplies company in Nebraska were introduced to SLR Business Credit to refinance...Read more