Sterling National Bank Provides $2.5MM Recourse Factoring Facility to Web Packaging Solutions

Written By Heather Villa

Sterling National Bank's commercial services group provided a recourse factoring facility of $2.5 million to Web Packaging Solutions. The facility will provide working capital for the company.

Web Packaging Solutions was established in June 2021 and is an affiliate of Web Plastics Company, which is headquartered in Houston and operates as an importer and wholesaler of packaging products.

Heather Villa
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