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Yelton Capital Network Arranges $3MM ABL to Outdoor Products Manufacturer

September 15, 2014, 07:32 AM
Filed Under: Manufacturing


Yelton Capital Network announced it arranged a $3 million asset-based revolving credit facility for a Southeast based manufacturer of outdoor products. The company had outgrown its bank line and needed capital for growth and expansion. The company needed both a receivables loan and an inventory loan to finance ongoing operations.

YCN made the connection with a bank owned asset-based lending company which moved quickly to close and fund the new facility.

YCN provides financial advisory and loan placement services for small to medium sized businesses nationwide.







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