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Machine Parts Manufacturer

Challenge

  • The credit crunch was choking productivity for a manufacturer of parts that serviced large industrial machining companies. They had an urgent need for funding to update their┬ámachinery

Solution

  • Franklin Capital issued a $150,000 credit accommodation within ten days and subsequently provided a $60,000 overline accommodation
“We’re still trying to get our head above water and still struggling to get to a place where we can survive on our own. Franklin Capital helps us get through the peaks and valleys with their receivable financing.”

President, Illinois-based Machinery Manufacturer