Dec 27, 2016 | Fundings, Working Capital, Working Capital Financing, Working Capital Loans
THE SITUATION This distributor of aerospace parts had been in business for over 15 years, but a management reorganization resulted in a downturn of overall business. The company became undercapitalized, negatively impacting their trade credit. When their bank couldn’t...Read more
Jul 14, 2016 | Fundings, Working Capital Financing
These fundings include Accounts Receivable financing for the following companies: In the Southeast Region, Summit funded a $3,000,000 A/R credit line to a short haul transportation company based in Georgia, as well as a $100,000 A/R credit line to a diesel truck...Read more
Apr 14, 2016 | Fundings, Inventory Financing
Summit Financial Resources recently provided $7 million in working capital financing to a variety of small and medium-sized businesses across the country. These fundings include Accounts Receivable & Inventory financing for the following companies: In the...Read more
