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Capstone Announces Three Recent Transactions Totaling $50.2MM

Date: Apr 29, 2016 @ 07:43 AM

Capstone Capital Group, LLC in Conjunction with Capstone Credit, LLC provided a $20 million purchase order financing and factoring and factoring facility for a multidivisional bakery group located in the Midwestern United States. The client acts as a co-packer form major branded bread and doughnut wholesalers and food service distributors throughout the United States, the Caribbean and Australia.

Capstone Business Funding provided a $1.2 million non-recourse factoring facility to a Texas based painting and drywall contractor.  The client anticipates increased sales and profitability growth now that it has access to adequate capital to support its business growth.  Having a non-recourse facility allows us to grow based on our customer’s financial strength versus our own balance sheet.

Capstone Credit, LLC provide a two year $30 million recourse factoring facility to a minority owned Construction Management Company.  The client provides skilled professional on a contract basis to major construction projects throughout the Pennsylvania, New Jersey and New York metro corridor.

Capstone provides a vertically integrated platform for it’s purchase order and trade finance clients that allows it to finance the entire trade cycle from the issuance of a payment instrument or supplier credit facility through the factoring of the related accounts receivable once goods or services are delivered.

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