Summit Financial Resources recently provided over $11 million in financing to small and medium-sized businesses — in all of our regions nationwide.
These fundings include Accounts Receivable & Inventory financing for the following companies:
In the Northwest Region, Summit funded a $250,000 A/R credit line to a street grating company based in Seattle.
In the Intermountain Region, Summit funded a $500,000 A/R credit line to a nutritional supplement firm in Salt Lake City.
In the Midwest Region, Summit funded a $150,000 A/R credit line to a manufacturer of auto components in Michigan, a $500,000 A/R credit line to a software services firm, a $450,000 A/R credit line to an oil field services firm in North Dakota, a $3,500,000 A/R credit line to a trucking & distribution firm located in Illinois, and a $4,000,000 A/R & Inventory credit line to a cable and harness manufacturer in Missouri.
In the Northeast Region, Summit funded a $1,500,000 A/R & Inventory credit line to a manufacturer of control systems.
In the Southeast Region, Summit funded a $300,000 A/R credit line to a spirits distillery based in Florida.
Summit Financial Resources specializes in working capital financing for small to medium-sized businesses that need increased cash flow. We provide working capital financing through invoice factoring, asset-based lending, inventory lending, and equipment financing.