Daily News: November 14, 2017

Presidential Financial Provides $15MM to Southern Sales & Marketing

Presidential Financial provided a $15 million working capital facility to Villa Rica, GA-based Southern Sales & Marketing Group, a wholesaler of outdoor lawn furniture and various other outdoor products. The funds will be used to refinance the payoff to an existing lender and provide additional working capital to help facilitate further business expansion.

Atlanta-based Presidential Financial Corporation is owned by MidFirst Bank and provides customized and flexible financing solutions to growing businesses nationwide.