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.