Federal National Commercial Credit funded a $4 million asset-based line of credit with a $2 million inventory sub-limit to a CA-based wholesale distributor.

The company was seeking to replace its existing credit bank line. After other bank options failed, the Federal National team was able to provide a structure that met the company’s borrowing requirements. Federal National provided a new credit facility that will allow for improved working capital as the company realizes its growth potential.

Federal National Commercial Credit provides working capital financing for small- and medium-sized businesses in a wide range of industries