Federal National Commercial Credit (FNCC) funded a total of $7.25 million in transactions for four new clients. Outlined below are brief descriptions of the deals:

• $2 million asset-based line of credit to an apparel manufacturer located in the Southeast region. The funds were used to refinance current debt and provide additional working capital.
• $750,000 AR factoring line to an oilfield service company located in the Southeast region. The funds will support early stage growth and provide on-going working capital.
• $3 million asset-based line of credit to a Cyber Security Firm in the Mid-Atlantic region for on-going working capital.
• $1.5 million AR factoring line to a manufacturer and distributor of hunting accessories in the Southeast region. The funds support early stage growth and provide on-going working capital.