Here’s an abbreviated list of current borrowers, and the solutions we were able to provide, so that they could continue to grow and thrive.
Some examples of the Existing Portfolio
A private equity firm owned call center that does work for major corporations in the health care industry.
They needed an $800,000 credit facility for account receivable financing to pay out its bank, which was unwilling to increase their credit facility.
A management and private equity owned manufacturer of flexible packaging and nylon bags.
We provided the company with a $3.1 million credit facility to re-finance its current lender and sales growth. The company had minimal equity due to prior losses. We provided accounts receivable and inventory financing and a term loan on machinery and equipment.
A privately owned specialty bindery serving the pharmaceutical and printing industry.
We provided a $500,000 credit facility to finance its accounts receivable and also support the company with temporary over advances.
A private equity backed wholesale bakery.
We provide a $2 million credit facility to finance accounts receivable and equipment, which will support plant efficiencies and sales growth.
A family owned manufacturer and distributor of shoes.
We provided a $1.3 million accounts receivable and inventory financing.