Daily News: December 10, 2012

Porter Capital Closes Six Transactions


The Porter Capital Group, which specializes in A/R financing, closed six transactions totaling $600,000 in November. The deals included:

  • a $25,000 accounts receivable factoring facility for a transportation company located in Bowling Green, KY

  • a $25,000 accounts receivable factoring facility for a transportation company located in Winder, GA

  • a $75,000 accounts receivable factoring facility for a transportation company located in West Blocton, AL

  • a $75,000 account receivable factoring facility for a transportation company located in Shirley, AR

  • a $150,000 accounts receivable factoring facility for a transportation company located in Milan, TN

  • a $250,000 accounts receivable factoring facility for an import/distributor of seafood located in Los Angeles, CA

    Founded in 1991 and headquartered in Birmingham, AL, The Porter Capital Group includes in Porter Capital Corporation, Porter Billing Services and Porter Bridge Loan Company. The Porter Capital Group specializes in customized funding packages for small- and medium-sized businesses throughout the U.S.