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Capstone Closes Five Recent Deals Totaling $4.6 Million

October 20, 2016, 07:11 AM

Capstone announced five recent transactions totaling $4.6 million. Details of these deals are as follows:

  • Capstone Business Funding LLC established a $600,000 non-recourse factoring facility for a telecom and cabling infrastructure installation contractor.
  • Capstone Business Funding LLC established a $1 million non-recourse factoring facility for an environmental remediation contractor that specializes in cleaning up environmental damage caused by manufacturing companies.
  • Capstone Capital Group, LLC established a $1 million purchase order financing facility for a national wholesaler of industrial supplies to city, state and federal agencies. For the same company, Capstone Credit, LLC established a collection factoring facility.
  • Capstone Business Funding LLC established a $1.5 million non-recourse factoring facility for a Midwestern- based demolition contractor.
  • Capstone Business Funding LLC established a $500,000 non-recourse factoring facility for a Philadelphia- based not for profit provider of childcare and medical services for under privileged children.

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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