Hydraulic Manufacturing - October 2019

Location: Troy, Michigan 
Industry: Hydraulic Manufacturing
Revenue: $599,000 
Line of Credit: $375,000 Factoring Facility with $125,000 one-time advance on Machinery & Equipment
Collateral: Accounts Receivable, Machinery & Equipment

 

The American Dream
Sterling Commercial Credit approved a $375,000 line of credit secured by Accounts Receivable, Equipment in October 2019. The initial funding included a $125,000 one-time advance on equipment. 

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