Daily News: August 16, 2017

Liquid Capital Completes Six Transactions Totaling $3.3MM

Liquid Capital completed six factoring transactions for a total of $3.3 million.

Details of the transactions:

  • $500,000 to a chocolate manufacturer to help take advantage of supplier discounts
  • $500,000 to a heavy equipment company in Wetaskiwin, AB to help facilitate growth
  • $300,000 to a gourmet sauce company in Stoney Creek, ON to purchase additional inventory
  • $1.5 million to a paint and janitorial services company in Sandy Springs, GA to help fund day to day operations
  • $300,000 to an oilfield services company in Hardin, TX to finance growing business
  • $200,000 to an excavation company in Lakeville, MN to help fund additional contracts