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Pinnacle Capital Finance provides a $900K Accounts Receivable Line of Credit to an Oregon Commercial Printer
December 10, 2019
Source: Pinnacle Bank
Pinnacle Capital Finance has provided a $900,000 accounts receivable line of credit to a commercial and digital printer located in Oregon. The company provides state of the art printing, fulfillment and on-site inventory organization for their clients including global distribution.
The line of credit will be used as a working capital enhancement to balance out the cash flow cycles associated with their irregular municipal and governmental customer payment tendencies. Kevin O’Hare, President of Pinnacle Capital Finance said “We are excited this company entrusted us to assist them with their financial needs as they continue to build upon the success they’ve enjoyed over the past decade and a half.”
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 $250,000.00 to $5 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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