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Commercial Finance Partners Closes Four New Factoring Transactions Totaling $1.25MM

byBrianna Wilson
September 16, 2024
in News

Commercial Finance Partners (CFP) funded four new factoring facilities._x000D_

    _x000D_

  • $500,000 for a Powder Coating Company_x000D_
    CFP provided a comprehensive solution to support the client’s growth by structuring an SBA loan to refinance MCA debt and offering a factoring facility to help with cash flow.
  • _x000D_

  • $100,000 for a Distributor of Cleaning Products_x000D_
    With an urgent need for funding, this company turned to CFP. In just four days, CFP successfully funded the account, allowing the client to meet critical business needs.
  • _x000D_

  • $500,000 for a CNC Manufacturing Shop_x000D_
    In collaboration with the client’s SBA lender, CFP stepped in to provide a post-closing working capital solution through a factoring facility, ensuring the client had access to necessary funds for growth.
  • _x000D_

  • $150,000 for a Boutique Liquor Brand_x000D_
    Referred to CFP by another factor due to the smaller size of the account, CFP swiftly delivered a factoring solution, ensuring the client’s financial needs were met efficiently.
  • _x000D_

_x000D_
“We are proud to support these businesses with creative financial solutions that help them thrive,” Darren Palestine, managing partner of CFP, said. “Each of these transactions is a testament to our commitment to providing flexible funding options for our clients.”

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