Viva Capital Structures $5 Million Financing Solution for Specialty Manufacturer

Viva Capital Funding (“Viva Capital”), a leading specialty finance company providing customized working capital solutions nationwide, recently structured a $5 million financing facility for a third-generation specialty steel manufacturer following the loss of its existing bank line of credit.

The company required a financing partner capable of supporting substantial inventory needs and ongoing receivables while providing greater operational flexibility than its previous banking arrangement.

Viva Capital structured the transaction with:
• A $2 million Accounts Receivable facility
• A $3 million Inventory facility

The inventory facility was utilized to refinance the company’s existing bank debt and facilitate a smooth transition without disrupting operations.

The new financing structure provided increased borrowing availability against both receivables and inventory while reducing covenant-related restrictions, allowing the company to better support ongoing operations and future growth initiatives.

ABOUT VIVA
Founded in 1999 in El Paso, Texas, Viva Capital Funding provides working capital solutions including invoice factoring, accounts receivable financing, purchase order financing, and asset-based lending to businesses throughout the United States. Viva Capital serves a wide range of industries including manufacturing, staffing, transportation, construction, and government contracting. Additional information is available at VivaCF.net.