Retail Manufacturer and Distributor - March 2017

Bill Kirth

Location: Salt Lake City, Utah
Industry: Retail
Revenue: $6 Million per year
Line of Credit: $1,500,000 A/R Line of Credit
Collateral: A/R Financing

The American Dream
One of our recent new clients is a wholesale manufacturer and distributor of High Quality Portable Fuel Containers (PFC). They are EPA certified, CARB (California), DOT and Canadian Certified and consider “Green” environmentally-friendly to be a focus.

The Sterling Way - Financing Opportunity
The company was founded over 5 years ago and $5,000,000 has been invested to design, secure the patent and tool for this project. This product is also built in the USA. Our American dream visionary has owned and operated his own business for over 20 years being a general contractor, and currently runs this company full time. His understanding of mechanical drawings and manufacturing was gained while working for five years as a functional test technician for a major airline on the west coast.

Sterling’s Credit Team worked closely with the client to ensure that enough capital would be available to support the companies’ explosive growth to expand their market share on the shelves of local and national customers.

With the financial help from SCC this client’s dream has become a reality.

Bill Kirth
Director of Sales