Sertant Capital Completes $5.92MM in Funding for Manufacturer
FEB 9, 2022 - 6:24 am
Sertant Capital completed $5.92 million in financing in early February for the U.S. operations of a manufacturer of paper and film products. The proceeds were secured by the company’s ERP system, which was installed to bring greater efficiency and expanded reporting to the manufacturing process.
Sertant Capital deployed its institutional funding capabilities to access the required capital for this transaction. Sertant Capital met the requirements outlined by the client and offered terms and structures to address the company’s required cash flow circumstances. The transaction took several months to complete.
Sertant Capital is an independent commercial finance company based in Newport Beach, CA, that delivers a suite of equipment financing solutions to companies throughout the United States.
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