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


Star Funding Provides $750,000 to New York Distributor

October 24, 2013, 08:46 AM
Filed Under: Distribution

Star Funding Inc. announced that it has provided $750,000 in financing to a New York based manufacturer and distributor of general merchandise goods with annual sales of $3 million.  The financing facility will provide the client accounts receivable factoring to improve cash flow for the business. 

Jack McLaughlin, senior vice president of business development at Star Funding, Inc. stated, “The client was self funded, but because of growth projections needed Star’s help to continue expansion.”

Star is a privately held company which has been in the purchase order finance for both work-in-process and finished goods, letter of credit and factoring business since January 1999.

Comments From Our Members

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