Federal National Commercial Credit (FNCC) announced the recent funding of a $2.5MM asset-based line of credit to a three-year old temporary staffing company located in Southern California. This new client was in need of a larger credit facility and a more advanced lending structure than what their current lender was providing. FNCC was able to recognize the opportunity and provide a new facility that will provide adequate working capital as the company realizes its growth potential.
Federal National Commercial Credit (FNCC) provides working capital financing for small and medium-sized sized businesses in a wide range of industries. Since 1992, Federal National has provided reliable financing solutions for companies that are in transition, due to growth or have the need to find alternative financing.