Porter Capital Corporation, offering specialized funding solutions with A/R and inventory financing, reported the following recently closed deals totaling over $2 million in funding:
- $50,000 recourse factoring facility for an engineering firm located in TX for operating expenses
- $100,000 recourse factoring facility for a commercial sign manufacturer located in NY for operating expenses
- $200,000 recourse factoring facility for an IT consulting firm located in FL for payroll expenses
- $300,000 recourse factoring facility for a flooring installation company located in SC to fund growth, operating expenses and payroll
- $1.5 million recourse factoring facility for a digital advertising company located in CO to fund rapid growth
Founded in 1991, Porter Capital Corporation is headquartered in Birmingham, AL. With additional offices in Atlanta, GA, Dallas, TX and New York, NY, Porter Capital specializes in customized funding packages for small and medium sized businesses throughout the U.S.