First Growth Capital, a division of First Capital, provided a $5 million working capital credit facility to a producer of retail beverage displays. The facility is collateralized by the client’s account receivables and inventory. The company was looking for a new lender that would provide additional working capital for seasonal financing needs and could complete the funding within two weeks.

“The company needed a lender who could provide a flexible financing facility that included provisions for seasonal financing needs,” remarked David Koran, vice president of business development for First Growth Capital. “The company has an excellent sales history and a very strong customer base. We look forward to a long and successful business partnership.”

First Growth Capital provides working capital financing starting at $250,000 primarily to small and middle-market business owners with annual revenue of at least $1 million. Credit facilities are in the form of recourse factoring and non-traditional asset-based lending arrangements.

First Growth Capital provides client services and business development from its location in Boynton Beach, Florida, with regional sales offices in North Carolina and Los Angeles.