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Porter Capital Provides $15MM Line of Credit to Cold-Rolled Steel Manufacturer

Date: Sep 26, 2024 @ 08:05 AM
Filed Under: Steel

Porter Capital extended a $15 million line of credit to a leading cold-rolled steel manufacturer. This partnership will provide the manufacturer with enhanced working capital to support its continued growth and operational expansion.

With over 30 years of experience in providing creative financial solutions, Porter Capital is committed to helping businesses like this steel producer meet their financial needs while fostering long-term stability and success.

This funding will enable the manufacturer to increase production capabilities, streamline operations, and meet the rising demand for high-quality cold-rolled steel across various industries.

“We’re proud to support the essential growth of manufacturers in critical industries such as steel,” said SVP, National Sales Manager, John Cox Miller. “This line of credit ensures that our client has the financial flexibility to optimize their operations and continue providing top-tier products to their customers.”

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