Commercial Finance Partners Announces $500,000 Revolving Credit Facility

May 17, 2021

Source: Commercial Finance Partners

Commercial Finance Partners is pleased to announce a new $500,000 revolving credit facility for an oil and gas service provider.  As part of Commercial Finance Partners new platform to fund both term and revolving credit facilities, the company originally provided a SBA 7(a) $5,000,000 acquisition loan to help the sponsor acquire the business.  Shortly thereafter, the company needed additional funding to support growth and Commercial Finance Partners was able to achieve this by providing a revolving line tied to receivables.

“Expanding our balance sheet programs is a core focus of our growth in 2021” commented John Buanno, Director of Operations.  “By providing dual capital sources and partnering within an SBA structure, we are able to give the client the appropriate structure to not only acquire the business but provide ongoing support for the growth plans.”

Commercial Finance Partners provides funding solutions for small to middle market companies seeking non-traditional sources of capital and working capital.  Through direct lending and partner programs, Commercial Finance Partners is the one-stop shop for any non-bank financing need.  Our product offering includes accounts receivable financing, SBA 7a and 504, asset-based loans, equipment financing, real estate loans, and other non-traditional loan products to fit almost any small- to- medium size business financing request.  

 

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