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 and Inventory financing for the following companies:
In the Intermountain Region, Summit funded a $1,500,000 A/R credit line to a media replication company located in Salt Lake City.
In the Northeast Region, Summit funded a $350,000 A/R credit line to a provider of weatherization services in Connecticut.
In the Western Region, Summit funded a $2,250,000 A/R & Inventory credit line to an auto accessory supplier, a $400,000 A/R credit line to a manufacturer of hospitality lighting, a $250,000 A/R credit line to a hauling company, and a $2,000,000 A/R credit line to a post-production services company specializing in the entertainment industry.