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Diamond Business Credit Funds Credit Line to Robotics Manufacturer

August 20, 2015, 07:08 AM
Filed Under: Manufacturing


Diamond Business Credit announced that it recently funded a $200,000 line of credit to a manufacturer of specialty robotics in the medical field. The company had experienced recent losses and accumulated a deficit net worth as it retooled for a new product offering.  Due to the dispersed ownership structure, personal guarantees were not available. By any measure, this was a tough “non-bankable’ transaction. 







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