TSL Express Daily News
The Secured Lender
SFNet's The Deals and Data Issue
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Top 5 Apps for Organizing
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The Importance of Stretching
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SFNet's 40 Under 40 Award Winners Panel Recap
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SFNet's Inaugural YoPro Leadership Summit
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It’s a Marathon, Not a Sprint
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It’s Not Too Late – Five Member Benefits to Cash In On Now
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It’s Time To Break Up With Your Phone
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Lien Management – What You Need to Know
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Potential Impacts of Blockchain on Commercial Lending
Jan 15, 2018By Raja Sengupta, Executive Vice President and General Manager, Wolters Kluwer’s Lien Solutions When it comes to the rising importance…
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How to be a Good Leader
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Fintech and Due Diligence – Disruptors and Established Firms Evolve
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A Commercial Banker’s Tickler Transition Plan
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Selecting a Technology Vendor: 3 Questions to Ask
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Why Back-Office Lending Automation Enhances Customer Satisfaction
Apr 25, 2017Every bank strives to keep its customers happy. Of course, some institutions are better at achieving this goal than…
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The Lost Art of the Loan Purchase
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Audit Prep: Why a Paperless Approach Makes Sense
Feb 15, 2017How much time does your financial institution spend preparing for audits? We recently surveyed 187 community banks, and the results…
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Back Office Support Services: Helping you approve more clients
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“All Assets” is the Key When Drafting UCC-1 Financing Statement Collateral Descriptions
Jan 30, 2017Even when prepared by outside or in-house counsel, many lenders pay close attention to draft UCC financing statements before they…
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Paper Loan Files: Does Your Bank Know the True Cost?
Jan 12, 2017Sure, there’s a tangible cost associated with deploying an electronic loan imaging system. Software, support, and scanning hardware are just…
June 24, 2024
Source: Culain Capital Funding
(Buffalo, NY) — Culain Capital Funding is pleased to announce the successful funding of a $5 million accounts receivable financing facility for a leading plastic injection molding service company. This strategic financial solution aims to support the company’s ongoing growth and future expansion plans.
The plastic injection molding company, renowned for its innovative solutions and high-quality products, has experienced significant demand growth. This accounts receivable financing facility will provide the necessary working capital to meet this increased demand, ensuring the company can continue to deliver exceptional service to its clients and explore new market opportunities.
Dan Stacy, Senior Vice President at Culain Capital, played a pivotal role in identifying and structuring the working capital needs of the company. His dedication and expertise in understanding the unique financial requirements of the business were instrumental in structuring this customized financing solution.
"We are thrilled to have structured this accounts receivable financing facility for such a dynamic and forward-thinking company," said Jamie Franz, President at Culain Capital. "Dan Stacy’s insight and commitment have been vital in this process, and we are confident that this financing will enable our client to achieve their growth objectives and expand their market presence."
The $5 million financing facility will allow the plastic injection molding company to unlock the value tied up in their receivables, providing immediate access to capital. This will not only improve their cash flow but also enable them to invest in new projects, purchase additional equipment, and expand their operational capabilities.
Culain Capital remains committed to supporting the financial needs of businesses across various industries. By offering tailored financing solutions such as accounts receivable financing, Culain Capital helps companies enhance their liquidity, optimize their working capital, and achieve sustainable growth.
For more information about Culain Capital and their financing solutions, please visit www.culaincapital.com and contact Dan Stacy at 516.244.5590 or dstacy@culaincapital.com
About Culain Capital Led by experienced, hands-on senior managers, Culain Capital is a leading provider of customized financial solutions designed to meet the unique needs of businesses that need fast, flexible working capital options beyond typical bank lending. Specializing in accounts receivable financing, asset-based lending, and other working capital solutions, Culain Capital is dedicated to helping companies improve their cash flow, support growth initiatives, and achieve their strategic objectives. A privately held company founded in 2022 by James Franz, Joseph Heim, Jim Jarosz and Fred Kulikowski, Culain Capital Funding builds lasting relationships with brokers, business advisors and companies with financing needs by being responsive, transparent, easy to work with, and by providing direct access to decisionmakers.