FREE MEMBERSHIP Includes » ABL Advisor eNews + iData Blasts | JOIN NOW ABLAdvisor Gray ABLAdvisor Blue
Skip Navigation LinksHome / News / Read News


Far West Capital Funds $7M Working Capital in the First Half of September

October 12, 2017, 08:00 AM
Filed Under: Industry News

Far West Capital is pleased to announce it provided $7 million in working capital facilities for 2 growing businesses in the first half of September.

The total includes a $6 million dollar deal for a turnkey electrical and civil contractor. This business focuses on projects within their trade core competencies of excavation, electrical and facilities work. They operate in the following industries: oil & gas, manufacturing, government, railroad and transportation, renewable energy, telecommunications, commercial and mining & commodities.

Also represented in the total is a $1 million dollar facility for a non-destructive testing company specializing in pressure inspections on equipment that is involved in all areas of pipeline oil flow. The majority of the effort is provided by licensed engineers who work in the field and directly test the equipment or other assets per client instructions.

“We understand the nuances of these industries, and we're grateful to not only finance thriving companies, but also cultivate great new relationships”, said Cole Harmonson, CEO of Far West Capital.

Comments From Our Members

You must be an ABL Advisor member to post comments. Login or Join Now.