Capstone Business Funding and Capstone Credit closed five transactions with customers totaling $11.9 million. Outlined below are brief descriptions of the deals:

• $1.0 million non-recourse factoring facility for a Massachusetts-based waterproofing company
• $1.0 million two-year, $500,000 per year recourse factoring facility for a Florida-based executive placement company
• $6.0 million non-recourse factoring facility for a New York-based environmental remediation company
• $2.4 million non-recourse factoring facility for a Texas-based masonry company
• $1.5 million non-recourse factoring facility for a Philadelphia-based contractor