Equify Business Funding Closes $2.25 Million in Manufacturing Revolving Credit Facilities

Equify Business Funding is proud to announce the closing of two new revolving credit facilities, totaling $2,250,000, to support manufacturing clients in the Great Lakes region.

• $1,500,000 facility for a precision metal stamping manufacturer. Previously financed through another lender, the company chose Equify to unlock additional collateral availability and enhance working capital flexibility.
  
  
• $750,000 facility for an automotive component manufacturer. Seeking greater borrowing capacity than their prior lender could provide, the client partnered with Equify to meet ongoing operational and growth needs.

“These transactions demonstrate our commitment to delivering creative and flexible financing solutions that help manufacturers maximize their potential,” said Kei Lehigh, President of Equify Business Funding.

Equify Business Funding is an independent direct lender based in North Carolina, serving small and lower middle market businesses seeking working capital support for growth capital, turnaround, or expansion. An affiliate of Equify Financial, the Equify group of companies was founded in 2011, focusing on equipment loans and revolving credit facilities.