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FNCC Funds $2.5MM ABL Credit Line to Temp Staffing Company

October 06, 2015, 07:09 AM
Filed Under: Staffing Services

Federal National Commercial Credit (FNCC) announced the recent funding of a $2.5MM asset-based line of credit to a three-year old temporary staffing company located in Southern California.  This new client was in need of a larger credit facility and a more advanced lending structure than what their current lender was providing.  FNCC was able to recognize the opportunity and provide a new facility that will provide adequate working capital as the company realizes its growth potential.

Federal National Commercial Credit (FNCC) provides working capital financing for small and medium-sized sized businesses in a wide range of industries.  Since 1992, Federal National has provided reliable financing solutions for companies that are in transition, due to growth or have the need to find alternative financing.

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