Daily News: August 29, 2017

Liquid Capital Completes 12 Transactions Totaling $24.4MM


Liquid Capital completed 12 transactions for a total of $24.4 million. Details of the transactions include:

  • $500,000 factoring facility to a chocolate manufacturer in Mont-Royal, QC to take advantage of supplier discounts
  • $500,000 factoring facility to a heavy equipment company in Wetaskiwin, AB to help facilitate growth
  • $300,000 factoring facility to a gourmet sauce company in Stoney Creek, ON to purchase additional inventory
  • $1.5 million factoring facility to a paint and janitorial services company in Sandy Springs, GA to help fund day-to-day operations
  • $300,000 factoring facility to an oilfield services company in Hardin, TX to finance growing business.
  • $200,000 factoring facility to an excavation company in Lakeville, MN to help fund additional contracts
  • $400,000 factoring facility to a medical instrument manufacturer in Jupiter, FL to purchase additional inventory
  • $750,000 factoring facility to a pipeline construction company in Colorado Springs, CO to help facilitate growth
  • $200,000 factoring facility to a packaging solutions company in Dallas to fund additional contracts
  • $5 million factoring facility to a tow bar and towing systems company in Fredericksburg, VA to help fund day-to-day operations
  • $1.25 million ABL facility to a tool manufacturer in St. Petersburg, FL to help expand operations
  • $13.5 million ABL facility to an energy services company in Houston to help expand operations.