US Capital Partners said it has provided a $1.5 million asset-based line of credit for an expanding distribution business headquartered in the Northeastern U.S.
US Capital Partners is a private investment bank that makes direct debt investments, participates in debt facilities, and underwrites debt and equity private placements for small and medium-sized businesses.
“We are extremely pleased to have provided this $1.5 million accounts receivable and inventory line of credit for an expanding global distributor of educational publications and personal hygiene products,” said Jeffrey Sweeney, chairman and CEO at US Capital Partners.