Cornerstone Business Credit Funds $250,000 Line of Credit to Company in Concrete Business

Cornerstone Business Credit is pleased to announce the funding of a $250,000 line of credit to a company in the concrete business. With a building backlog of orders, customers paying in the normal course and tight vendor terms, a fast and flexible line of credit was needed.

 

Cornerstone approved and funded an expandable $250,000 line of credit based on AR, inventory and purchase orders.  The client anticipates this access to capital will enable them to continue their rapid growth.