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Aegis Business Credit Supports Battery Manufacturer With Factoring Facility

August 11, 2016, 07:25 AM
Filed Under: Manufacturing

Aegis Business Credit announced the graduation of a manufacturer of specialty, high-capacity batteries after Aegis provided a $500,000 factoring facility. The additional working capital enabled the company to utilize updated technology to extend battery life, taking advantage of evolving demands of today’s aviation industry. With improved profitability, the company is now able to qualify for traditional, commercial bank financing.

Aegis Business Credit provides asset based loans and factoring and to a variety of industries and clients from $250,000 to $3 millon throughout the southeastern region.

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