Capstone Business Funding and Capstone Credit closed six transactions totaling $5.9 million.
Capstone Credit provided a $1 million recourse factoring facility for a manufacturer and distributor of water treatment and purification systems used in the food processing industry.
Outlined below are brief descriptions of the non-recourse factoring facility deals from Capstone Business Funding:
- $750,000 for a drywall and painting contractor.
- $900,000 for a masonry contractor.
- $2 million for a real estate consulting firm
- $500,000 for an electrical contracting company
- $750,000 for a supplier of electrical supplies, safety equipment and HVAC equipment