Commercial Finance Partners (CFP) funded four new factoring facilities.
- $500,000 for a Powder Coating Company
CFP provided a comprehensive solution to support the client’s growth by structuring an SBA loan to refinance MCA debt and offering a factoring facility to help with cash flow. - $100,000 for a Distributor of Cleaning Products
With an urgent need for funding, this company turned to CFP. In just four days, CFP successfully funded the account, allowing the client to meet critical business needs. - $500,000 for a CNC Manufacturing Shop
In collaboration with the client’s SBA lender, CFP stepped in to provide a post-closing working capital solution through a factoring facility, ensuring the client had access to necessary funds for growth. - $150,000 for a Boutique Liquor Brand
Referred to CFP by another factor due to the smaller size of the account, CFP swiftly delivered a factoring solution, ensuring the client’s financial needs were met efficiently.
“We are proud to support these businesses with creative financial solutions that help them thrive,” Darren Palestine, managing partner of CFP, said. “Each of these transactions is a testament to our commitment to providing flexible funding options for our clients.”
