Commonwealth Capital is pleased to announce that it has funded a Minnesota-based Apparel Distributor through a $200,000 invoice factoring facility. The Company, which had been self-financed, had recently received a large order from a Big Box Retailer. The order was roughly equal to the Company’s previous year’s sales.
The Company, looking for a solution to pay […]
Commonwealth Capital today announced it has provided a $700,000 invoice factoring facility to a Food Processing Company in the Upper Midwest. Commonwealth was referred to the Company by a community bank, which is providing the Company with a large line of credit and cash management services.
The Company is currently in high-growth mode and was in […]
Commonwealth Capital, LLC, a leading provider of invoice factoring to businesses in the Upper Midwest, today announced that it has provided a $200,000 factoring facility to a Minnesota-based commercial construction subcontractor.
Company Description and Needs
The minority, woman-owned, startup commercial construction subcontractor was in need of additional working capital to grow their business. The Company is well-positioned […]
There are conflicting reports on the availability of credit to small businesses. Here I take a quick look and get lost in the fields of data.
I came across two articles today taking polar opposite views on small businesses and their access to credit.
The first report is from the US Treasury. In the Treasury’s report they […]
You’ve probably heard that small businesses are the U.S.’s biggest economic engine. More than half of Americans either own or work for a small business, and they create about two out of every three new jobs in the U.S. each year. We’re proud to assist small businesses and startups access the cash flow they need […]
$350,000 Invoice Factoring Facility Provides Working Capital to Meet the Company’s Cash Needs.
Situation:
A successful, mature wholesale food processor suffered losses when the price of commodities skyrocketed more than 100%. The Company provides private-label packaged foods to small, local stores, retail outlets, and wholesalers. They didn’t have the ability to pass along the increased costs to […]
