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


Presidential Financial Provides $15MM in Working Capital to Southern Sales & Marketing

November 14, 2017, 08:00 AM
Filed Under: Wholesaler

Presidential Financial Corporation, a subsidiary of MidFirst Bank, announced it has provided a $15 million working capital facility to Southern Sales & Marketing Group. Headquartered in Villa Rica, Georgia, Southern Sales & Marketing wholesales outdoor lawn furniture and various other outdoor products.

The funds were used to refinance the payoff to an existing lender and provide additional working capital and help facilitate further business expansion. The transaction was completed on November 2, 2017. 

Week's News

Comments From Our Members

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