Federal Provides $2.5MM ABL Line of Credit to Staffing Company
Federal National Commercial Credit announced the recent funding of a $2.5 million ABL Line of Credit to a Southern California-based temporary staffing company.
Federal National Commercial Credit announced the recent funding of a $2.5 million ABL Line of Credit to a Southern California-based temporary staffing company.
Federal National provided an $8.5 million asset-based line of credit to a health information and technology company and a $3.5 million A/R credit line to an engineering technology and education company.
Federal National Commercial Credit announced Ron Fraser joined the company as a senior BDO in the New England Market.
Federal National Commercial Credit announced John Buanno joined the company as a senior BDO in the Florida Market.
Federal National Commercial Credit announced that Cheryl Stammer joined the company as a senior BDO in Los Angeles. Stammer has cultivated an extensive referral network throughout Southern California.
Federal National Commercial Credit announced it recently closed a $6 million ABL credit facility for an expanding Southeast courier service.
Federal National Commercial Credit announced it hired Andy Osborn as EVP, national sales manager, and Todd Waldrip as a senior BDO.
Federal National Commercial Credit now offers asset-based lending to provide a better financing fit to more small businesses. Federal National said it can now serve companies with diverse assets types or customers and receivables that are not as well served by a factoring approach.
Federal National Commercial Credit said it has provided working capital financing lines to three small businesses, totaling $6.1 million.
Federal National Commercial Credit provided four working capital financing lines totaling $4 million.