Summit Financial Resources recently provided $9 million in working capital financing to a variety of small and medium-sized businesses across the U.S.
These fundings include accounts receivable & inventory financing for the following companies:
- $250,000 A/R credit line to a software company in Washington,
- $1.0 million A/R credit line to a medical device manufacturer in Southern California,
- $1.0 million A/R & inventory credit line to a golf apparel company in Southern California,
- $500,000 A/R credit line to an industrial coating company in the Midwest region,
- $3.0 million A/R & inventory credit line to a plastics manufacturer in Minnesota,
- $400,000 A/R to a software consulting firm in the Intermountain region,
- $500,000 A/R credit line to a computer hardware distribution company in Salt Lake City,
- $2.0 million A/R credit line to a transportation company in New England.