Sterling National Bank’s Asset Based Lending Group provided a secured Revolving Line of Credit totaling $40,000,000 to a Crane Services company.
The credit facilities will provide refinancing of existing debt and support the company’s anticipated acquisition.
This transaction was originated by Terry O’Grady, a Managing Director located in Chicago.
*now known as Webster Bank as successor by merger.
Revolving Line of Credit
$40,000,000
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