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Veritas Financial Provides $4MM Credit Line to Factoring and PO Funding Company

May 30, 2013, 07:22 AM
Filed Under: Lender Finance

Veritas Financial Partners successfully closed a $4 million revolving line of credit for a factoring and purchase order company in order to support its continued growth and leverage its equity base. The company is a national factor and purchase order funding provider that serves clients of diverse business types, including staffing companies, distributors, importers, light manufacturers and service providers.

The new line of credit will allow the company to expand operations and service additional clients. The company was searching for a long term finance relationship to leverage its equity base and selected Veritas as its partner to assist them in achieving their goals.

Veritas Financial Partners is a leading national financial services firm that provides senior secured credit facilities to small and medium sized businesses.

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