Daily News: June 14, 2012

Crossroads Provides Inventory Revolver to Stone, Marble Distributor


Crossroads Financial has provided a $300,000 inventory revolving line of credit to a stone and marble distributor. The line of credit will be utilized by the company to bring in new product to fill orders, as well as improve day-to-day cash flow.

Crossroads is providing the inventory facility, while Bridgeport Capital Services is providing a factoring facility.