Daily News: September 28, 2012

Presidential Financial Provides Growth Capital to New Clients


Presidential Financial announced the closing of a $3 million accounts receivable and inventory facility for a Colorado-based manufacturer and distributor of pure honey, organic agave nectar and organic coconut sugar.

In addition, it recently closed is a $4 million accounts receivable and inventory facility for a manufacturer and supplier of synthetic filaments located in South Carolina.

Presidential also announced the closing of a $3 million accounts receivable facility for a Tennessee- and West Virginia-based firm that installs natural gas pipelines for energy firms.