Daily News: July 12, 2012

Porter Capital Closes Three Factoring Facilities in June


Porter Capital Corporation, a division of the Porter Capital Group specializing in A/R financing, closed the following deals in June:

  • a $100,000 factoring facility for a wooden crate manufacturer located in AL

  • a $500,000 factoring facility for an environmental services company in LA

  • a $750,000 factoring facility to a an educational materials supplier with offices in CA and TX

    The Porter Capital Group specializes in customized funding packages for small- and medium-sized businesses throughout the U.S.