Continental Business Credit closed a $750,000 ABL facility to a Texas-based manufacturer and distributor of nutritional and supplement powders and beverages.
Continental Business Credit has closed an asset-based accounts receivable and inventory lending facility to a veteran-owned manufacturer of nylon tactical gear sold to branches of the U.S. military, law enforcement, and medical organizations. The $1 million facility will be used to provide additional working capital to support its growing business.
Continental Business Credit funded a $1.5 million accounts receivable and inventory facility for a health and personal care manufacturer.
Continental Business Credit funded a $3 million asset based lending facility for a fast-growing manufacturer and distributor of premium sports nutrition supplements.