Franklin Capital completed two $1,000,000 factoring facilities:
- $1,000,000 Factoring Facility to an IT Supply Staffing Company - The company experienced strong revenue growth in the UK, and its US subsidiary is expected to follow suit quickly. The UK bank reached out to Franklin Capital because it was no longer able to support a US subsidiary with its UK facility.
- A $1,000,000 Factoring Facility for a media powerhouse - This company, the US subsidiary of a UK-based enterprise, boasts partnerships with leading brands. Its rapid growth in the US market necessitated additional funding beyond what could be provided in the UK.