Commercial Finance Partners Successfully Closes Four New Factoring Transactions

September 16, 2024

Source: Commercial Finance Partners

Boca Raton, FL — Commercial Finance Partners (CFP) is proud to announce the recent funding of four new factoring facilities, each addressing the specific financial needs of our growing client base. These transactions highlight CFP’s expertise in navigating complex situations to deliver timely and effective funding solutions.

  • $500,000 for a Powder Coating Company
    CFP provided a comprehensive solution to support the client’s growth by structuring an SBA loan to refinance MCA debt and offering a factoring facility to help with cash flow.
  • $100,000 for a Distributor of Cleaning Products
    With an urgent need for funding, this company turned to CFP. In just four days, CFP successfully funded the account, allowing the client to meet critical business needs.
  • $500,000 for a CNC Manufacturing Shop
    In collaboration with the client’s SBA lender, CFP stepped in to provide a post-closing working capital solution through a factoring facility, ensuring the client had access to necessary funds for growth.
  • $150,000 for a Boutique Liquor Brand
    Referred to CFP by another factor due to the smaller size of the account, CFP swiftly delivered a factoring solution, ensuring the client’s financial needs were met efficiently.

“We are proud to support these businesses with creative financial solutions that help them thrive,” said Darren Palestine, Managing Partner of Commercial Finance Partners. “Each of these transactions is a testament to our commitment to providing flexible funding options for our clients.”

Commercial Finance Partners provides funding solutions for small to middle market companies seeking non-traditional sources of capital and working capital.  Through direct lending and partner programs, Commercial Finance Partners is the one-stop shop for any non-bank financing need.  Our product offering includes accounts receivable financing, SBA 7a and 504, asset-based loans, cash flow financing,  real estate loans, and other non-traditional loan products to fit almost any small to medium size business financing request.