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F-Tranzacts Group Funds $108.2MM Non-Recourse Factoring Transaction to Tech Company

February 03, 2023, 06:00 AM
Filed Under: Factoring News

F-Tranzacts Group announced the funding of $108.2 million in non-recourse factoring transactions to a tech company involved with the sale of software & hardware to media production companies based locally and internationally. The company will make use of the funds as additional working capital in Q1 of 2023, this deal was closed in 3 weeks after strict due diligence.

"The F-Tranzacts group was up to the task, they have proven to be one of the most reliable private lending institutions locally," said Mr. Curtis production manager, "Mr. Robert Marshall, Jr., and the F-Tranzacts team is a true professional with a vast understanding of how the market works despite its volatility " he added. "If traditional funding sources are evaluated, The F-Tranzacts Group should be top rated as organized mechanisms are applied through the course of closing this deal and others respectively."

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