Entries by Crossroads Financial
Crossroads Provides $4 Million Inventory Revolver for the Benefit of a Retailer of Appliances and Electronics
New Deal Announcement Crossroads Financial, a leading provider of inventory financing, has recently provided a $4 Million inventory revolver for the benefit of a retailer of appliances and electronics. The company was founded in 1998 and occupies 13 stores in several states throughout the U.S. They are changing business models by moving more into the scratch and dent market […]
Crossroads Financial is Growing the Team!
Crossroads Financial is pleased to announce the addition of Kristen (Kris) Palmer to its team! Kris will be assisting the Underwriting Department. Kris has over 8 years of experience working in the asset based lending industry. She started working in New York in the back office of a factoring company specializing in the fashion industry. Shortly thereafter Kris relocated to south Florida to be […]
Crossroads Provides $3 Million Inventory Revolver for a manufacturer and seller of anti-snoring devices
New Deal Announcement Crossroads Financial, a leading provider of inventory financing, has recently provided a $3 Million inventory revolver for the benefit of a manufacturer and seller of anti-snoring devices. The company was founded in 2012 and has experienced rapid growth in the last couple of years. Crossroads was approached in order to free up money tied up […]
Crossroads Provides $1 Million Inventory Revolver for the Benefit of a Premium Spirits Distiller
New Deal Announcement Crossroads Financial, a leading provider of inventory financing, has recently provided a $1 Million inventory revolver for the benefit of a premium spirits distiller. The company was founded in 2013, generating nearly $1 million in sales its first fiscal year. The company currently distributes its products in more than 40 states and is sold in 193 locations […]
Crossroads Provides $4 Million Inventory Revolver for the Benefit of an Army and Navy Store Retailer
New Deal Announcement Crossroads Financial, a leading provider of inventory financing, has recently provided a $4 Million inventory revolver for the benefit of an Army and Navy Store retailer. The company was founded in 1951 and currently occupies six retail locations in upstate New York. Sales were high during 2018, but they experienced a significant setback due to some store […]
Crossroads Provides $1.8 Million Inventory Revolver for the Benefit of a Shoe Retailer
New Deal Announcement Crossroads Financial, a leading provider of inventory financing, has recently provided a $1.8 Million inventory revolver for the benefit of a shoe retailer. The company was founded in 1948 and occupies 12 retail locations between the San Jose and San Diego regions of California. They had experienced rapid growth over the last few years […]
Crossroads Provides $1 Million Inventory Revolver for the Benefit of a Manufacturer of Educational Robotic Toys
New Deal Announcement Crossroads Financial, a leading provider of inventory financing, has recently provided a $1 Million inventory revolver for the benefit of a manufacturer of educational robotic toys. The company was founded in 2012 and has reached over 35,500 students in 69 countries. The company was equity backed, but had burnt through a lot of their capital […]