Pinnacle Capital Finance Provides a $2 Million Line of Credit to a California Building Restoration Company
May 11, 2023
Source: Pinnacle Capital Finance
Pinnacle Capital Finance is proud to announce the issuance of a $2MM AR line of credit to a Central California based building restoration business. The company provides critical emergency repair, remediation and restoration services throughout the Sacramento and San Joaquin Valleys.
Kevin O’Hare, President of the Pinnacle Capital Finance remarked: “Due to the extensive flooding and snowfall throughout California this winter our borrower was faced with soaring demand to rapidly mitigate the ubiquitous building damage sustained by these relentless storms. The working capital financing we’ve provided will be utilized to fund the mobilization of resources and on-going operational expenses. We are delighted to play a small part in helping with the safety and comfort of our fellow Californians by partnering with this reputable company as provide this valuable service.”
Pinnacle Capital Finance is a division of Pinnacle Bank, a full-service community business bank dedicated to providing quality depository and credit services. Pinnacle Capital Finance offers an array of Asset Based Lending services to growth companies. Our loans range in size from $1,000,000.00 to $10+ Million. We offer a full range of financial products including accounts receivable and inventory financing, factoring, purchase order as well as term loans. For more information, visit www.pinnacle.bank.


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