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Advantage Business Capital Provides $2.5MM Invoice Factoring Facility to Industrial Crafts Provider

Date: Oct 02, 2024 @ 07:00 AM
Filed Under: Factoring News

Advantage Business Capital funded a $2.5MM invoice factoring facility for Houston, Texas area scaffolding, painting, welding, and machining business.

Advantage’s $2.5MM factoring facility is an overline to an existing $15MM LOC in place with a regional bank. With specific accounts carved out as collateral, Advantage’s factoring facility will provide the business the additional working capital needed to take on specific new projects.

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