Presidential Financial Corporation announced that it has provided a 10 million working capital and term loan facility to a Southeastern US industry leader that provides a complete line of equipment and services for storing, pumping, mixing, and metering petroleum and industrial liquids.  The proceeds of the financing were used to for an add-on acquisition financing and to provide additional working capital.  The transaction was completed on July 1, 2016.

Presidential Financial Corporation provides customized and flexible financing solutions to growing businesses nationwide.  Offering lines of credit from $2 million to $30 million or more, Presidential Financial Corporation provides working capital and term loan facilities for acquisitions, recapitalizations, working capital needs and turnaround situations.