Summit Financial Resources closed nine transactions totaling more than $11 million to small and medium-sized businesses.
Details of the transactions are:
- $250,000 A/R credit line to a street grating company in Seattle
- $500,000 A/R credit line to a nutritional supplement firm in Salt Lake City
- $150,000 A/R credit line to a manufacturer of auto components in Michigan
- $500,000 A/R credit line to a software services firm
- $450,000 A/R credit line to an oil field services firm in North Dakota
- $3.5 million A/R credit line to a trucking & distribution firm in Illinois
- $4 million A/R and inventory credit line to a cable and harness manufacturer in Missouri
- $1.5 million A/R and inventory credit line to a manufacturer of control systems
- $300,000 A/R credit line to a spirits distillery in Florida