FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Articles / Read Article

Print

Culain Capital Provides $2MM Account Receivable Finance Facility to Seafood Importer

Date: Aug 06, 2024 @ 07:00 AM
Filed Under: Importer

Culain Capital provided a $2 million account receivable finance facility to a rapidly expanding seafood importer. The deal was structured and led by Dan Stacy, Senior Vice President.

The facility will support the company’s continued growth by providing working capital to manage its increasing sales and inventory levels. Culain Capital’s flexible financing solution will enable the company to optimize its cash flow and invest in future expansion.

“We are excited to partner with this dynamic seafood importer,” said Dan Stacy. “Their strong market position and growth trajectory align perfectly with Culain Capital’s investment strategy. This transaction highlights our commitment to providing tailored financial solutions to support the growth of our clients.”

"The $2,000,000 accounts receivable financing facility, expertly led by Dan, marks a significant milestone for Culain Capital,” said Jamie Franz, President of Culain Capital.  “This facility will significantly enhance our client's cash flow, enabling them to meet their operational needs and invest in growth opportunities. It's a pivotal step in supporting their financial health and long-term success."

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.