Summit Financial Resources recently funded $8mm in working capital to the following companies: In the Western Region, Summit funded a $300,000 A/R credit line to a sporting goods distributor based in Los Angeles, and a $2,500,000 A/R credit line to a consulting and training firm located in San Jose. In the Midwest Region, Summit funded a $500,000 A/R credit line to a distributor of laundry and dry cleaning supplies located in St. Louis, and a $200,000 A/R credit line to a vehicle transport company located near Minneapolis. In the Northeast Region, Summit funded a 1,000,000 A/R credit line to a manufacturer and distributor of nutritional supplements and a $750,000 A/R & Inventory credit line to a manufacturer of precision instruments. In the Southeast Region, Summit funded a $500,000 A/R credit line to a steel products reseller and a $2,000,000 A/R & Inventory credit line to a steel fabricator based in Charlotte.
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