Franklin Capital completed a $1 million factoring facility for a UK-headquartered construction consultant. The factoring facility from Franklin Capital will allow the company to fund expansion in the United States and beyond.
Franklin Capital completed a factoring facility for a non-profit staffing firm. A former client reached out because they were experiencing cash flow difficulties similar to what previously led them to Franklin Capital.
Franklin Capital promoted Sue Duckett to COO. As COO, Duckett will oversee Franklin’s operations and asset quality while continuing to drive growth and profitability.
Franklin Capital completed a $1 million factoring facility for a piping supplier headquartered in the UK.
Franklin Capital completed a $250,000 factoring and purchase order finance facility for a Canadian-based apparel company that focuses on sportswear and outerwear.
Franklin Capital completed a $750,000 factoring facility for a chilled packaging company referred by bank in Chicago.
Finance company Franklin Capital will participate in SFNet’s 76th Annual Convention, which will be held from Nov. 17-19. Sue Duckett, executive vice president of Frankling Capital, will participate in a panel discussion on Nov. 17.
Franklin Capital is partnering with turnaround firm Virtas Partners to provide a snack foods company with financing to traverse the current economic environment.
Franklin Capital recently completed two new accounts receivable financing facilities, including a $3 million facility to a UK-based IT equipment supplier.
Franklin Capital hired Jill Kirshenbaum as senior vice president of Sales. Kirshenbaum will be responsible for both managing Franklin’s sales team and promoting sale growth.