Advantage Business Capital Provides $2.5MM Invoice Factoring Facility to Industrial Crafts Provider

Written By Heather Villa

HOUSTON, TX — [October 2nd, 2024] — Advantage is proud to announce the funding of a $2.5MM invoice factoring facility for Houston, Texas area scaffolding, painting, welding, and machining business. Advantage’s $2.5MM factoring facility is an overline to an existing $15MM LOC in place with a regional bank. With specific accounts carved out as collateral, Advantage’s factoring facility will provide the business the additional working capital needed to take on specific new projects.

About Advantage Business Capital

Advantage Business Capital provides invoices factoring and asset-based loan (ABL) revolvers to clients nationwide. Advantage is owned and backed by one of the oldest independent banks in Texas.

Heather Villa
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