Loeb Provides $1.5 million Loan to Commercial Bakery Equipment
Loeb Term Solutions recently provided an equipment term loan valued at over $1.5 million to a southwestern commercial bakery specializing in sweet and savory frozen bakery equipment products. The company is looking to restructure their current financing and expand their operations to meet increasing demand.
Since 2010, Loeb Term Solutions has provided funding on over $110 million dollars’ worth of industrial machinery. The company’s asset-based lending division offers specialty financing for the industrial marketplace with funding amounts ranging from $300,000 to $20,000,000.
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