Sterling National Bank’s Asset Based Lending Group increased total senior secured credit facilities from $22,000,000 to $29,940,000 for a nationwide equipment rental company that has been a client since 2016.
The credit facilities will be used to support the company’s continued growth.
This client relationship is managed by Travis Stauffer, a Director located in Sterling’s Dallas, TX office.
*now known as Webster Bank as successor by merger.
Total Senior Secured Credit Facilities
$29,940,000
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