Hennessey Capital Completes Four Factoring Facilities
Hennessey Capital announced it has completed four factoring facilities totaling $900,000 in April 2012.
Hennessey Capital announced it has completed four factoring facilities totaling $900,000 in April 2012.
J D Factors announced it completed four factoring transactions totaling $4.2 million.
Robert Prather was named senior vice president, sales and marketing, for Business Credit Services, an accounts receivable management company with offices in Los Angeles and San Diego.
Kris Roglieri, founder of Prime Commercial Lending and Commercial Capital Training Group, announced that he has purchased an interest in Durham Commercial Credit. The Rochester-based factoring company has been in business since 2005 and Roglieri has been brought in to help grow the company.
J D Factors announced it has completed six factoring transactions totaling $1.2 million.
Paragon Financial Group announced that it has provided a $350,000 factoring line of credit to a security guard staffing group headquartered near Atlanta, GA. The facility will enable the company to take on larger contracts, meet payroll and grow the business.
RMP Capital Corporation, a ten-year-old national factor based in Islandia, NY, has launched a new division, RMP Trade Credit. This new business unit will provide purchase order financing and letters of credit to growing companies, including startups and distressed companies.
King Trade Capital has provided $200,000 of a $1 million annual commitment to a domestic manufacturer.
King Trade Capital announced the funding of a $2.5 million purchase order finance commitment for a New York-based importer of licensed footwear.
J D Factors announced it provided five transactions totaling $550,000.