Franklin Capital is pleased to announce the completion of a $1,000,000 factoring facility for a UK headquartered piping supplier.
A broker in the UK recently connected us with a well-established UK headquartered piping supplier. The company was looking to have its US operations stand-alone but lacked the working capital to accept and fulfill several large new contracts. It had been difficult for them to secure the financing because their main business was in the UK.
Franklin Capital successfully provided the company with a $1,000,000 factoring facility allowing them to accept the large contracts and grow their business.
“We are excited to have the opportunity to help this amazing international company. Franklin’s experience helping companies both in and outside the US access customized financing programs was key to this successful partnership. Our experience allowed us to provide them with the financing they need to grow their US business,” commented Sue Duckett, Executive Vice President, Franklin Capital.
About Franklin Capital
Franklin Capital has been helping small to medium-sized businesses meet their cash flow needs for over 25 years by providing accounts receivable, purchase order, international, machine, and equipment financing, all with quick responses – because with Franklin, you can speak directly to the decision-makers! From start-ups to fast-growing companies, or companies experiencing financial difficulties, we provide the financing companies need when they need it.
For additional information, please visit www.franklincapitalnetwork.com