Sterling National Bank* Provides Recourse Factoring Facility to CTL Medical

Sterling National Bank’s Commercial Services Group provided a Recourse Factoring facility to CTL Medical Corporation. The credit facilities will be used to pay off current debt and provide working capital.

Headquartered in Addison, TX, CTL Medical is a medical device company that designs, develops, and manufactures spinal implants and instruments.

*now known as Webster Bank as successor by merger.