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Presidential Financial Extends Credit Facility to Electronics Manufacturer

May 18, 2015, 07:09 AM
Filed Under: Manufacturing

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

A line of credit, in the amount of $6 million, was extended to an audio electronics manufacturer in Louisiana.

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 $20 million or more. In 2013, Presidential was acquired by MidFirst Bank.





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