Daily News: January 18, 2013

Liquid Capital Funds $13.325MM in Factoring Facilities


Liquid Capital closed eight transactions totaling more than $13 million.

The company provided a $100,000 factoring credit facility to a company that provides festive LED lighting. The funds will finance this new operation.

Liquid Capital closed a $5.5 million factoring credit facility for a company that provides supply of qualified work force for structural steel, piping and other oilfield construction. Funds are needed to support seven weeks planned turnaround of payroll and cash-flow.

A company that provides environmental remediation of contaminated soil from oil spills and pipeline breaks closed a $5 million factoring credit facility that will be used for expansion.

Liquid Capital funded a $500,000 factoring credit facility to a company that provides design and fabrication of a wide variety of systems and industrial equipment. Funds are needed to maintain an established level of cash-flow on a regular basis.

A $1.5 million factoring credit facility went to a company that designs and manufactures the oil and other use tanks and vessels. Funds are needed to support cash-flow, run day-to-day operations, maintain payroll and source deductions schedule.

An animated films company closed a $250,000 factoring credit facility with Liquid Capital to provide bridge financing.

Liquid Capital closed a $400,000 factoring credit facility to a company that provides oilfield hauling and tank truck services. Funds are needed to maintain cash-flow and growth.

Liquid Capital closed a $75,000 factoring credit facility to a company that provides truck lift services. Funds will be used to support growth.

Liquid Capital Corp. funds companies that can grow profits with additional cash-flow, such as businesses that are in the process of restructuring, launching new product lines, expanding market share or need cash-flow solutions to manage seasonal demand.