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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 machinery

Solution

  • Franklin Capital issued a $150,000 credit accommodation within ten days and subsequently provided a $60,000 overline accommodation
“Partnering with Franklin has enabled us to grow because it’s a cash backup for our business. We can now produce our products because we know that we have the cash flow to pay for the goods.”

President, California-based Game Board Distributor