Veritas Financial announced it provided a $2.8 million credit facility to a cell tower service provider. Headquartered in the Southeast, the company has provided services for cell towers throughout the United States since 1997. Prior to receiving financing from Veritas, the company growth was hampered by a loan facility that could not meet its working capital needs.

Operating from six regional locations the company can provide a full range of engineering services including fuel cell, router and radio installation and replacement services. Prior to receiving financing from Veritas, the company growth was hampered by a loan facility that could not meet its working capital needs. With the addition of the new Veritas loan facility the company can now capitalize on sales previously turned away.

Veritas Financial Partners successfully closed a $2 million senior secured revolving line of credit for the company secured by the borrower’s accounts receivables and inventory, and an $800,000 term loan secured by equipment.

Veritas Financial Partners is a leading national financial services firm that provides senior secured credit facilities to small and medium sized businesses.