Daily News: September 16, 2016

Capstone Funds $11.7MM in Transactions


Capstone Business Funding provided $9.4 million in financing to businesses in Arizona, California, New York, Washington and Texas. These included:

  • $2.1 million non-recourse factoring facility for a roofing contractor in Arizona
  • $200,000 non-recourse factoring facility for a telecommunications contractor in California
  • $5.3 million non-recourse factoring facility for an energy retrofit contractor in New York City
  • $3.6 million non-recourse factoring facility for a waste management contractor in Washington
  • $500,000 non-recourse factoring facility for a general contractor in Texas.