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- Danimer Scientific Announces Improved Liquidity Position with Closing of $130 Million Senior Secured Term Loan
- Huntington Business Credit Closes $53.5 Million in New Credit Facilities with Mol-Son
- April’s heating up for Flatbay Capital: Another deal funded for a strong, family-owned business
- J D Factors Provided $8,725,000 in new Factoring Facilities to 30 new Clients in March
Cornerstone Business Credit Announces $100,000 Line of Credit
January 6, 2021
Source: Cornerstone Business Credit
Cornerstone Business Credit is pleased to announce that it closed a $100,000 line of credit to a start-up wholesale food distributor.
Traditional bank financing was not an option due to the start-up nature of this business but that didn’t make a line of credit any less necessary. Vendors had to be paid to keep product flowing to the growing customer base. Cornerstone quickly approved and closed an expandable line of credit to provide the necessary working capital.
Cornerstone provided asset-based financing solutions to non-bankable businesses starting at just $20,000. www.CornerstoneBusinessCredit.com
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