Daily News: June 19, 2012

Porter Capital Completes Five Transactions in May

Porter Capital Corporation, a division of the Porter Capital Group specializing in A/R financing, closed the following deals in May:

  • $50,000 accounts receivable financing facility to a distributor of specialty food products located in Atlanta, GA

  • $100,000 accounts receivable financing facility to a warehouse machinery repair and distribution firm located in Rancho Cucamonga, CA

  • $100,000 accounts receivable financing facility to a packaging supply company located in Portland, OR

  • $250,000 accounts receivable financing to a distributor of construction tools and supplies located in Birmingham, AL

  • $500,000 accounts receivable financing facility for a distributor of graphic design equipment located in Seattle, WA

    Founded in 1991 and headquartered in Birmingham, AL, The Porter Capital Group includes in Porter Capital, Porter Billing Services and Porter Bridge Loan Company. The Porter Capital Group specializes in customized funding packages for small and medium sized businesses throughout the U.S.