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Federal National Closes Three Transactions Totaling $6.1 Million

March 04, 2013, 07:07 AM

Federal National Commercial Credit provided working capital financing lines to three small businesses, totaling $6.1 million. The deals include:

  • $5 Million Government Contract Financing Line for a Provider of Military Services and Consulting
  • $600 Thousand Accounts Receivable Factoring Line for an IT Solutions Provider
  • $500 Thousand Working Capital Financing Line for a Hauling Services Provider

Federal National Commercial Credit offers invoice financing and asset based lending services for payroll funding and other working capital needs. Since 1992, Federal National has provided reliable, competitively priced working capital financing to small businesses that do not qualify for enough traditional bank financing.

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