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The ABL Advisor Deal Tables
SELECTED TRANSACTION DETAILS
Advantage Business Capital Provides $2.5MM Invoice Factoring Facility to Industrial Crafts Provider
Wednesday, October 2, 2024
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Lenders/Participants
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Advantage Business Capital [Factor]
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Structure
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Invoice Factoring Facility
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Amount
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$2.500
Million
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Borrower(s)
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Undisclosed - Industrial Crafts Provider
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Description
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Advantage’s $2.5MM factoring facility is an overline to an existing $15MM LOC in place with a regional bank. With specific accounts carved out as collateral, Advantage’s factoring facility will provide the business the additional working capital needed to take on specific new projects.
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Industry
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Specialty Industries
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Location
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TX
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| Related Tags |
Advantage Business Capital, Factoring
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ABL Advisor
Deal Tables
2025
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