Daily News: July 11, 2012

Fordham Capital Provides $2MM Factoring Facility to Cabinets Maker


Fordham Capital Partners announced that it has provided a $2 million factoring facility to a Chicago-based manufacturer of steel cabinets and telecommunications enclosures. The company needed a new credit facility to meet its growing working capital requirements.

Fordham Capital Partners has expertise structuring interim financing solutions to address the unique needs of small- to medium-sized companies across a variety of industries. Fordham’s services include purchase order financing, accounts receivable financing, factoring, inventory financing and equipment financing.