Lawrence Financial Funds $150MM in 2017

Lawrence Financial Group funded more than 30 transactions for more than $150 million in 2017.

Highlights of some of the arrangements closed in the fourth quarter included:

• $2 million equipment facility for a water bottling plant

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• Term loan to a van leasing company, enabling the company to add to its fleet

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• Inventory loan to a high-end furniture manufacturing concern

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• Term loan to a Hollywood post-production firm to update its capabilities

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• Cash flow facility provided to a distributor of tires to the trucking industry

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Highlights of transactions closed earlier in the year included:

• Purchase order funding for a distributor of name-brand electronics based in Calfornia

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• Leasing lines for a Los Angeles-based trucking company to purchase new trucks and trailers

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• Accounts receivable lines were made available – through joint venture partner FSW Funding of Scottsdale, AZ – to several new clients, including a staffing firm and a manufacturer of body armor for military and police

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• $45 million purchase of accounts receivable for liquidation from an established Los Angeles furniture retailer

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• $5 million working capital revolving line of credit for a San Diego-based marketing services firm

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• $5 million for a South Carolina-based distributor of printing cartridges

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• $4 million receivables working capital line of credit for a PVC manufacturer based in Santa Paula, CA

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• $5 million seasonal inventory term loan for a California toy import and distribution concern

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• $2 million line of credit for a Sun Valley AV distribution firm

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• $3 million facility for a high-tech staffing company based in San Diego

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• $1.5 million revolver for a Scottsdale, AZ manufacturer and distributor of holiday storage containers

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• $1 million capital placement for a flexible staffing firm in Long Beach, CA and Orange, CA

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• $10 million revolving line of credit for a Rancho Dominguez, CA tire manufacturer and retread operation

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• $9 million for a woman-owned home care and therapy concern based in Santa Ana, CA

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