Franklin Capital Announces Two $1 Million Factoring Facilities

Franklin Capital is pleased to announce the completion of two $1,000,000 factoring facilities. 

Franklin Capital funded a $1 million factoring facility to an IT supply staffing company.

The company experienced strong revenue growth in the UK, and its US subsidiary is expected to follow suit quickly. The UK bank reached out to Franklin Capital because it was no longer able to support a US subsidiary with its UK facility. 

The Franklin Capital team is happy to support this sophisticated, long-standing company with its working capital needs as it continues to grow.
 
Franklin Capital also announced it funded a $1 million factoring facility for a media powerhouse.

This company, the US subsidiary of a UK-based enterprise, boasts partnerships with leading brands. Its rapid growth in the US market necessitated additional funding beyond what could be provided in the UK.

The Franklin Capital team is delighted to support this rapidly expanding enterprise, ensuring it has the necessary working capital to sustain its impressive growth trajectory.

About Franklin Capital 

Franklin Capital has been helping small to medium-sized businesses meet their cash flow needs for 30 years by providing accounts receivable and purchase order 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 or call Sue Duckett at (708) 810-5960.