FirstBank OKs $27.5M in financing for Brisas del Mar Village
June 24, 2024
The 123 single-family housing rental units will be built in the municipality of Guayama. #NewsismyBusiness
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KeyBank closes $35M credit facility for commercial equipment finance
February 12, 2021
KeyBank Specialty Finance Lending closed a $35 million credit facility for Commercial Equipment Finance (CEFI), an independent commercial equipment finance company headquartered in Puerto Rico. “CEFI is a leading equipment finance company that we look forward to helping meet its growth targets over time,” Rian Emmett, managing director and group head of KeyBank Specialty Finance Lending, said. “Based […]
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FirstBank grants $6.7M in financing to Print 1 in Las Piedras
July 17, 2018
Print 1, a commercial printing business in Las Piedras, recently received a $6.7 million line of credit from FirstBank for the purchase of assets and working capital to expand their facilities, the company stated.
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EDB grants $230K in credit lines to local companies
October 17, 2017
The Economic Development Bank for Puerto Rico has granted $230,000 in credit lines to local companies M&B Steel and Vernet, which will allow them to continue operating and grow in the midst of the crisis brought on by Hurricane María, agency President Luis Burdiel-Agudo said.
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EDB closes Fiscal ’12 with $208M loan portfolio
June 29, 2012
The Economic Development Bank for Puerto Rico closed Fiscal ’12 with a record-setting $208 million portfolio of loans granted to the island’s small and mid-sized businesses, the highest figure on record since its establishment in 1985, agency officials said Thursday.
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EDB OK’s $8M loan, credit line to Guayanilla firm
June 28, 2012
The Economic Development Bank announced Wednesday it granted local company South Puerto Rico Towing and Boat Service Inc. an $8 million loan and credit line to use for operating expenses.
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