Federal National Commercial Credit recently provided four working capital financing lines to the following small businesses, totaling $4 million:
- $2 million working capital financing line for SDVOSB Information Security Management Company
- $1.5 million accounts receivable factoring line for a telecommunication system provider
- $300 thousand payroll funding line for a provider of consultancy and staff augmentation services
- $200 thousand government contract financing line for an 8(a) certified provider of program support services
Federal National Commercial Credit (www.FederalNational.com) offers invoice factoring and asset based lending services for payroll funding and other working capital needs. Since 1992, Federal National has provided reliable, competitively priced working capital financing to small businesses that do not qualify for enough traditional bank financing.