AmeriFactors has secured a total of $28.75 million in traditional non-recourse factoring for nine clients in March. These transactions contributed to a record quarter for the Florida-based factoring company.
Brief descriptions of the transactions are outlined below:
- $600,000 to a construction company in Florida
- $600,000 to a specialty design and marketing firm in Florida
- $3 million to a commercial design and property maintenance company in
Florida - $20 million to a telecommunications company in Florida
- $1.2 million to a construction company in Florida
- $2.8 million to a mobile blood services company in Maryland
- $200,000 to a telephone and cable construction company in Florida
- $200,000 to a framing and renovation company in Florida
- $150,000 to a printing company in Florida
Celebration, FL-based AmeriFactors provides financing solutions to small- and medium-sized businesses in a variety of industries to help those businesses meet rapidly changing market conditions.