Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, announced a recently closed transaction.
The transaction is a $4.5 million accounts receivable and inventory credit facility was extended to a Georgia-based technology solutions design, consulting and support firm.
Founded in 1981, Presidential has a long history of providing successful lending solutions to growing businesses. In 2013, Presidential was acquired by MidFirst Bank, making Presidential one of the strongest and most versatile lenders in the markets it serves.