Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, announced a recently closed transaction. Presidential provided a $7.5 million line of credit to an IT design manufacturer in Georgia.
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.