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Lighthouse Financial Provides $1.75MM Credit Facility to Manufacturer of Architectural Products

October 02, 2018, 08:00 AM
Filed Under: Manufacturing


Lighthouse Financial Corp. announced the completion of a $1,750,000 Revolving Line of Credit to a North Carolina based manufacturer of architectural products including clay masonry bricks and other high-performance building enclosure products for the commercial high-rise, mid-rise, low-rise, multifamily, and residential markets throughout the world.  Lighthouse, in conjunction with an SBA term loan, was able to structure a line of credit secured by accounts receivable and inventory that not only paid out the company's prior lender but provided enough liquidity to bring trade credit current and create additional working capital availability.  

 







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