Capstone Business Funding, LLC closed a spot factoring facility for a Texas-based plumbing contractor. Capstone Capital Group, LLC closed an $21 million in a purchase order financing facility and Capstone Credit closed a $25 million in a recourse factoring facility for a private label contract manufacturer of light outerwear selling to various brands and retailers using their house brands.
Capstone provides a vertically integrated platform for it’s purchase order and trade finance clients that allows it to finance the entire trade cycle from the issuance of a payment instrument or supplier credit facility through the factoring of the related accounts receivable once goods or services are delivered.