Leading transportation factoring company makes strategic acquisition to expand US business and accelerate growth Global Merchant Fund Corp., (“Global Merchant”) a specialty finance solution provider, through its subsidiary Accutrac Capital Solution Inc., Global Merchant’s transportation factoring platform, is pleased to announce the acquisition of eCapital LLC, a leading transportation factoring company that provides cash flow [...]
Financial Support for Transportation Companies Just Got Stronger: Global Merchant Fund Corp. Acquires Accutrac Capital Solutions, Inc.
Global Merchant Fund Corp., a leading North American provider of financial solutions for middle-market companies, announced the acquisition of Accutrac Capital Solutions Inc., a leading transportation factoring company that provides working capital solutions to transportation, freight and logistics companies throughout the US and Canada. “Our acquisition of Accutrac has significantly strengthened our capacity to provide [...]
We are very pleased to announce that Jeremy Bedford has recently joined Global Merchant Fund, Corp. in the role of Vice President, Business Development & Syndications. In this role, Jeremy will arrange structured working capital solutions for new and existing corporate customers, with an initial focus on the North American market. Prior to joining [...]
Global Merchant Fund, Corp., Provides Purchaser Order and Account Receivable Financing Facility to a mass merchandiser in North America and distributor of sporting goods and toys.
Global Merchant Fund, Corp., announced the funding of a cross border C$4.5 million (US$3.2 million) credit facility to a sporting goods and toy distributor in Canada purchasing inventory from Asia and selling into Canada and the USA. The Company has operations and services customers in Canada and the USA with head office in Toronto, [...]
Global Merchant Fund, Corp. as Lead Financier, syndicates 2nd Tranche of a $100MM Supply Chain Finance Program
Global Merchant Fund, Corp. as Lead Financier announced today the completion of the second tranche of a $100MM Supply Chain Finance Program for a Southeastern US mobile technology company serving clients worldwide. Jeremy Bedford, Global Merchant Fund's Vice President of Business Development & Syndications indicated that “this facility will enhance the company’s working capital [...]
Global Merchant Fund, Corp. Provides ABL Finance Facility to Pave the Way for U.S. Jewelry Manufacturer’s Come-Back
Global Merchant Fund, Corp. announced the funding of a $3,000,000 ABL revolving credit facility to a Northeastern US manufacturer of jewelry and other consumer products. This manufacturer is a portfolio company of an investment group who was looking to find more flexible and creative financing for this “turn around” opportunity. The CEO of this New [...]
Global Merchant Fund, Corp. Provides US and Canadian ABL Facility to a Major Service Provider in the Oil Industry
Global Merchant Fund, Corp., announced the funding of a cross border $3,500,000 ABL credit facility to a service provider in the oilfield industry. The Company has operations and services customers in Canada and the USA with head office in Edmonton, Alberta and regional offices in Pennsylvania and Texas. The Global Merchant Fund, Corp. credit [...]