Daily News: May 31, 2012

Summit Financial Resources Announces Nine Transactions


Summit Financial Resources funded the following deals:

In northern California, Summit funded a $400,000 A/R credit line to a staffing and recruiting company based in San Francisco.

In the Midwest region, Summit funded three deals:

  • a $125,000 A/R credit line to a transportation firm based in Minnesota

  • a $500,000 A/R credit line to a manufacturer and distributor of audio-visual equipment based in Omaha

  • a $500,000 A/R credit line to a textile manufacturer based in Iowa

    In the Intermountain region, Summit funded a $500,000 to a manufacturer of organic healthy and beauty products in Denver.

    In the Southwest region, Summit funded

  • a $150,000 A/R credit line to a distributor of commercial plastics based in Austin

  • a $200,000 A/R credit line to a lumber supply company located in Tucson

    In the Southeast region, Summit funded a $300,000 A/R credit line to a distributor of cell phone accessories based in Atlanta.

    In the Northeast region, Summit funded a $2 million A/R credit line to a transportation firm located in New York.