- Clear Channel Outdoor Holdings, Inc. Announces Clear Channel International B.V.'s New Term Loan Facility and Concurrent Redemption of Existing Secured Notes
- MidCap Financial Closes $15 Million Senior Revolving Credit Facility to Kewaunee
- First Citizens Bank Provides $16 Million in Financing to FitLife Brands, Inc.
- Accord Announces Amendments to its Banking Facility
- Midsouth
Magnolia Financial Announces Recent Funding for two Southeast-based Companies
August 7, 2019
Source: Magnolia Financial
Magnolia Financial provided:
- A $750,000 revolving line of credit to company that serves property managers in making vacant rental housing ready for new tenants. The additional working capital has enabled the company to meet the strong demand for tenant-ready rental units and continue to expand their geographic market share.
- A $1,500,000 line of credit to an emerging manufacturer of medical devices who shifted their target market and refocused their strategy after developing an innovative new product. With the additional funding, the company was able to take advantage of new markets as well as the increased sales potential those markets represent.
Magnolia Financial provides asset-based financing to a variety of industries and clients throughout the southeastern region. The family owned and operated company is focused as a relationship lender and specializes in tailoring financing around client challenges and needs, to bridge the gap between capital and growth.
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