Presidential Financial, a senior lender which provides working capital, asset-based lending, and term debt, announced a recently closed transaction: a $5 million line of credit was extended to a food manufacturer and distributor in Colorado.
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.