Federal National Commercial Credit provided working capital financing lines to three small businesses, totaling $4.6 million. The deals include:
- $4 Million Government Contract Funding Line for a Health Care IT and Training Services Firm
- $250,000 Accounts Receivable Financing Line for IT Consulting Firm
- $300,000 and Payroll Funding Line for IT Consulting Firm
Federal National 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.