Universal Funding to Offer PO Financing Solutions
Universal Funding, an accounts receivables financing company, recently announced purchase order financing as an additional option for companies seeking commercial lending.
Universal Funding, an accounts receivables financing company, recently announced purchase order financing as an additional option for companies seeking commercial lending.
Midland American Capital closed three transactions totaling $4.4 million.
Veritas Financial Partners said it successfully closed a $4 million revolving line of credit for a factoring and purchase order funding company to support its continued growth and leverage its equity base.
Coral Capital Solutions provided a $3 million purchase order and factoring facility to an importer of food service products. The facility will allow the New York-based company to pursue new opportunities and provide support for future growth.
Midland American Capital announced that is recently closed six purchase order financings totaling $4.71 million.
RMP Trade Credit financed two purchase order financings, totaling $2.25 million.
Republic Business Credit provided a $2.5 million facility to a Houston-based food processor. The business needed financing on a broad asset base to support its comprehensive growth plans.
RMP Trade Credit closed three purchase order facilities totaling $3.2 million.