Federal National Provides Five Working Capital Facilities
Monday, July 02, 2012
Federal National Commercial Credit (a/k/a Federal National Payables) provided working capital financing to five small businesses totaling $3.2 million.
This current activity includes the following accounts receivable facilities:
$ 1.5 million line for a government contractor providing information services
$500,000 line for a remote sensor manufacturer
$500,000 line for provider of application development solutions
$500,000 line for staffing firm
$150,000 line for CBE and HubZone Enterprise
Headquartered in Bethesda, MD, Federal National Commercial Credit, formerly Federal National Payables, serves government contractors and other small businesses with accounts receivable financing.
To get your company’s news included on the abfjournal.com site and published in the ABF Journal, contact Jerry Parrotto, Editor, at 800.708.9373 x153 or e-mail news to jparrotto@abfjournal.com.
If you would like to search our News Archives, please click here
