FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
 
Skip Navigation LinksHome / Press Releases / Read Press Release

Print

Federal National Commercial Credit Provides $2MM A/R Line to Language Services Co.

January 05, 2018, 07:00 AM
Filed Under: Educational


Federal National Commercial Credit, an alternative lender providing working capital solutions to small and medium-sized businesses across various industries, announced the recent funding of a new client.

A $2,000,000 Accounts Receivable Factoring Line was provided to a woman-owned, government contractor that provides Language Services and Training to various federal and non-profit agencies.  The financing will be used to pay off the existing bank line of credit and provide ongoing working capital as the company continues its expansion.







Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.