inFactor Capital recently closed and funded a $10,000,000 credit facility for an IT Training, software and development firm based in North Carolina. inFactor was able to meet the financial deadline put into place by the Client which in turn gave them the needed capital prior to their yearend.  Proceeds of the facility were used to support continued growth and sales opportunities of the Client.

McLean Wilson, Chief Executive Officer, stated “We were referred to our Client by an Investment Banker who was re-arranging the capital stack of the business.  We worked with their syndicate of senior lenders to carve out a non-recourse factoring facility that allowed the client to capitalize on assets that were not included in the senior financing.  We were able to meet a sub two-week funding time frame that coincided with their yearend. We were pleased to offer the client an alternative financing option that worked within their business model. We look forward to a long-lasting relationship.”