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Presidential Financial Provides Growth Capital to New Client

September 23, 2014, 07:15 AM
Filed Under: Manufacturing

Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, is pleased to announce a recently closed transaction.

Presidential provided a $3 million Accounts Receivable and Inventory credit facility has been extended to a North Carolina-based awning and tarpaulins fabricator.

Founded in 1981, Presidential has a long history of providing successful lending solutions to growing businesses, offering credit facilities that range from $1 million to $10 million or more. In 2013, Presidential was acquired by MidFirst Bank, making Presidential one of the strongest and most versatile lenders in the markets it serves. 





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