Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, is pleased to announce a recently closed transaction. A line of credit, in the amount of $8 million, was extended to an infrastructure services company in Oklahoma.
Founded in 1981, Presidential has a long history of providing successful lending solutions to growing businesses, offering credit facilities that range from $1 million to $20 million or more. In 2013, Presidential was acquired by MidFirst Bank, making Presidential one of the strongest and most versatile lenders in the markets that it serves.