Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, is pleased to announce a recently closed transaction.
A $10 million line of credit was extended to a wholesale manufacturer in New York.
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, making them one of the strongest and most versatile lenders in the markets that they serve.