Daily News: October 5, 2012

Porter Capital Closes Two Transactions in September


Porter Capital Corporation, a division of the Porter Capital Group specializing in A/R financing, closed two transactions in September. The deals are:

  • a $150,000 factoring facility for a commercial baking company located in Sarasota, FL

  • a $750,000 factoring facility for a medical testing and consulting company in Salt Lake City, UT

    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.