Wolo Manufacturing, a manufacturer of vehicle technology parts, opened a factoring line with Marco to continue developing its business and better serve clients.

“Marco’s assistance has been invaluable,” Eric Van Dam of 1847 Holdings said. “Securing a transparent solution was paramount for our company, and the Marco team left no stone unturned in achieving it.”

“We are happy to supply Wolo with a working capital facility to help them fill orders on hand,” Barry Kastner, executive vice president and senior MD of business development at Marco, said. “Factoring is a great way to fill the credit gap between suppliers and customer terms. We appreciate the confidence that GVC Advisory Services had in referring the transaction to us and their assistance in expediting the process.”