Deal Wins

View a sample of asset-based lending solutions that Webster Business Credit ABL provided for our clients.


Sourcing Network International
Bensalem, PA

Senior Secured Revolving Credit Facility

Webster Business Credit has provided a $4,000,000 Senior Secured Revolving Credit Facility to Sourcing Network International (SNI) located in Bensalem, PA. For 25 years SNI has been a leading wholesaler, distributor and retailer of fashion accessories including handbags, watches and ties to more than 3000 retail outlets in airports, casinos, cruise ships and other tourist destinations across the United States.


Barnett Corporation
Cedarhurst, NY

Revolving Credit Facility

Webster Business Credit has closed and funded a $90,000,000 Asset Based Revolving Credit Facility to Barnett Corporation. Headquartered in Cedarhurst, NY, Barnett Corporation is one of the foremost suppliers of containerboard globally. With seventeen facilities located throughout North America, South America, Europe and Asia, they have a strong reputation for quality products and service


Cooley Group
Pawtucket, RI

Revolving Credit Facility, Term Loan, CapEx Line

Webster Business Credit has provided a $25,000,000 Asset Based facility which includes a revolving credit facility, long term note and capital expenditure line. Founded in 1926 in Pawtucket RI, Cooley Group designs, develops and manufactures a diversified industry - leading portfolio of premier engineered coated fabrics used across an array of industrial, commercial and military applications.


University Loft
Greenfield, IN

Senior Revolving Credit Facility

Webster Business Credit has provided a $24,400,000 Senior Secured Revolving Credit Facility to University Loft Co.. Based in Greenfield, IN, University Loft has been the leader in furniture manufacturing since 1986 with products found in most major retail stores throughout the United States.


Swift Electrical Supply Company
Teterboro, NJ

Senior Revolving Credit Facility

Webster Business Credit has provided a $11,000,000 Senior Secured Revolving Credit Facility to Swift Electrical Supply Company. Headquartered in Teterboro, NJ, Swift Electrical Supply serves a diverse group of customers, including electrical contractors, architects, builders, public entities, energy services companies and commercial property managers.


Tufenkian
New York, NY

Revolving Credit Facility

Webster Business Credit has closed and funded a $6,500,000 Asset Based Revolving Credit Facility to Tufenkian Artisan Carpets. Headquartered in New York City, Tufenkian is recognized as the innovative and quality leader of handmade Tibetan and Armenian rugs with showrooms and dealers across the United States.


Natural Chemistry
Norwalk, CT

Revolving Credit Facility

Webster Business Credit has closed and funded a $10,100,000 Revolving Asset Based Credit Facility to Natural Chemistry. Headquartered in Norwalk, CT, Natural Chemistry is one of the leading manufacturers of specialty products for pool, spa and pet care.


Baby Togs, Inc.
New York, NY

Senior Revolver Credit Facility

Webster Business Credit has closed and funded an $6,500,000 Senior Secured Revolving Credit Facility to Baby Togs, Inc. Headquartered in New York City, Baby Togs, Inc. is a family owned apparel manufacturer and importer specializing in clothing for newborns, infants, toddlers and young boys & girls.


Birken Manufacturing Co
Bloomfield, CT

Senior Revolver Facility

Webster Business Credit has closed and funded an $10,000,000 Senior Secured Revolver to Birken Manufacturing Company, a Connecticut based manufacturer of jet engine assemblies and components.


HPC Food Service
South Windsor, CT

Secured Revolving Credit Facility

Webster Business Credit has provided a $19,000,000 Senior Secured Revolving Credit Facility to HPC Food Service. Headquartered in South Windsor, CT, HPC Foodservice is a full service grocery and sundry distributor to the healthcare and food service industries. HPC Foodservice is family owned and operated and has been in business since 1908.


Bestway Enterprises
Cortland, NY

Senior Revolving Credit Facility

Webster Business Credit has provided a $12,500,000 Senior Secured Revolving Credit Facility to Bestway Enterprises. Bestway Enterprises is a wholesaler and distributor, headquartered in Cortland, NY.


Berkshire Blankets, Inc.
Ware, MA

Senior Revolving Credit Facility

Webster Business Credit has provided a $22,000,000 Senior Secured Revolving Credit Facility to Berkshire Blankets, Inc. Berkshire Blankets, Inc. is an importer and wholesaler, located in Ware, MA.

Keep in mind

All credit facilities are subject to the normal credit approval process.

Business Solutions

Webster Business Credit

Asset-Based Lending Deals
  • $3 million - $50 million
Industries Served
  • Manufacturing
  • Retail
  • Wholesale & Distribution
  • Services
Asset-Based Loans Offered:
  • Working Capital Financing
  • Retail Financing
  • DIP Financing
  • Term Loan Financing
  • Emergence Financing
  • Import / Export Financing
  • ESOP
Northeast Region
  • Connecticut - CT
  • Maine - ME
  • Massachusetts - MA
  • New Hampshire - NH
  • New Jersey - NJ
  • New York - NY
  • Pennsylvania - PA
  • Rhode Island - RI
  • Vermont - VT
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