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Federal National Closes $1.2 Million in A/R Factoring Lines

November 14, 2012, 08:18 AM
Filed Under: Factoring

Federal National Commercial Credit provided working capital financing to these small businesses, totaling $1.2 million:

  • $350 Thousand Line for a professional services provider to the Federal Government
  • $250 Thousand Line for an IT services provider
  • $250 Thousand Accounts Receivable Factoring Line for a home health care staffing company
  • $200 Thousand Payroll Funding Line for a specialty staffing firm
  • $150 Thousand Payroll Funding Line for a management Consulting Firm

Federal National Commercial Credit specializes in providing short term working capital through accounts receivable financing to government contractors and other small businesses that may not qualify for traditional bank financing.

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