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Far West Capital Closes 30 New Relationships in Second Quarter

July 11, 2017, 06:58 AM
Filed Under: Industry News

Far West Capital announced it provided $9.5 million in working capital facilities for 30 growing businesses in the 2nd quarter of 2017.

The total includes a $3.5 million dollar deal for a welded metal inspection company that provides inspection services to commercial construction, manufacturing and pipeline construction businesses

In another highlight, Far West Capital funded $1 million in working capital for an aerospace service company. This business primarily services and supports helicopter fleets, handling maintenance, repair & overhaul (MRO).

Also represented in the second quarter total is a $500,000 facility for a construction company specializing in residential and commercial framing, remodeling and renovating, and some hardscape services.

“It's been a great quarter, and we are very excited to welcome 30 business owners into our client family. We’re incredibly proud to have provided $4.7 billion in funding since our inception, and our team is working endlessly to continue to create as many entrepreneurial success stories as humanly possible,” said Cole Harmonson, CEO of Far West Capital. Far West Capital is pleased to have served more than 650 small and medium-sized businesses across the country, finding creative, personalized working capital solutions for each business’s needs.

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