People leads $50M credit offer for North Carolina business

PROVIDENCE– People Financial Group Inc. just recently offered a $50 million credit center to a North Carolina innovation advisory company, according to a press release.

The pre-approved loan to Crosslake Technologies consists of a $25 million revolving credit line and a $25 million term loan, which will be utilized to re-finance financial obligation and fund acquisitions.

People worked as left lead arranger and administrative representative for the offer.

Nancy Lavin is a PBN personnel author. You might reach her at

Purchase Now Wish to share this story? Click On This Link to buy a link that permits anybody to read it on any gadget whether they are a customer.