Presidential Financial announced the closing of an accounts receivable and inventory credit facility totaling $3 million for a manufacturer of steel construction components located in North Carolina.
Presidential also recently closed a $2 million accounts receivable credit facility for a manufacturer of wooden cabinet components located in Georgia.
Presidential continues to expand its presence in the healthcare industry. Presidential Healthcare Credit closed a $5 million accounts receivable credit facility for an Illinois-based provider of caregiver services to seniors.
Presidential Financial is a senior lender providing growth capital to businesses and healthcare providers throughout the United States.