QualiFi Secures $3.5MM Credit Facility for Global Engineering Staffing Client

QualiFi, a boutique loan firm specializing in innovative financial solutions, secured a $3.5 million credit facility for a global engineering staffing client serving industries like automotive, rail and medical services across five continents._x000D_
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For this client, the need for capital was critical to continuing global expansion. However, the client faced delays and challenges when its local bank failed to renew its existing credit facility due to covenant concerns._x000D_
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“You can never go wrong by doing what’s best for the customer,” Eddie DeAngelis, CEO and founder of QualiFi, said. “At QualiFi, we focus on what truly matters — getting our clients the capital they need to succeed, without the delays or hurdles that often come with traditional bank loans.”_x000D_
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The client secured the $3.5 million credit facility at a rate of prime + 1.5%. This financing solution is designed to allow the client to continue its global expansion without interruption._x000D_
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“These successes are thanks to our great team,” Brian McAleer, senior funding manager of QualiFi, said. “From working with trusted lenders to our smooth processing, everyone plays a key role in getting the best results for our clients.”