HOUSTON, TX, April 1, 2025 – Advantage Business Capital, a subsidiary of Central Bank of Texas, today announced two new financing arrangements through its factoring division, committing a combined $4 million to support businesses in technology and healthcare sectors.
In the first transaction, Advantage provided a $250,000 credit line revolver to a company focused on diverse needs of businesses across various industries including Artificial Intelligence. This credit facility will allow the client to continue research into AI and other technological developments.
Simultaneously, the firm has funded a $3.75 million participation revolver as part of a total $15 million factoring line to a medical staffing agency providing temporary staffing services to the healthcare sector. This credit facility and participation will allow the business to increase their services and outreach to healthcare providers.
“These transactions demonstrate our commitment to supporting both emerging technology companies and essential healthcare services businesses,” said a spokesperson for Advantage Business Capital. “Our flexible factoring solutions are designed to provide the working capital these diverse businesses need to grow and innovate.”
Advantage Business Capital has been in the asset-based lending industry for over 40 years. Fully owned and backed by one of the oldest independent banks in Texas, Advantage provides invoice factoring and asset-based loan (ABL) revolvers to clients nationwide.