Franklin Capital completed three new purchase order and factoring facilities.
Those transactions included:
- A $500,000 purchase order and factoring facility for a startup distributor of luggage. The company needed to increase its cash flow so it could purchase additional inventory to fulfill new large orders.
- A $500,000 purchase order and factoring facility for a children’s toy manufacturer who recently received a large order from Target. The facility provided the company with the financing it needed to accept and fulfill this order and future orders from Target.
- A $3,000,000 purchase order facility for a large lighting distributor. The growing company needed financing to help them expand their business and accept orders from big box stores.
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