Summit Financial Resources started 2016 strong, sending $4.5MM in working capital financing out the door during the first 10 days of January. Summit funded a $2,000,000 A/R credit line to a professional services firm in the Upper Midwest, a $500,000 A/R credit line to an occupational consulting firm in the Midwest, and a $2,000,000 A/R & Inventory line to a manufacturer of chemical products in the Intermountain Region.
Other recent Summit fundings include a $200,000 A/R credit line for a manufacturer of molded foam products in the Southeast, a $300,000 A/R credit line to an apparel manufacturer in the Pacific Northwest, and a $300,000 A/R credit line to a data storage device firm in Southern California.