Coral Capital Solutions Extends $42 Million Factoring Facility to Manufacturer of Medical Devices

Financing to Support Company’s Expansion 

New York, NY - January 27, 2025 - Coral Capital Solutions, a leading provider of financing solutions for small and medium sized enterprises, today announced a $42 million annual factoring facility with a long standing business that manufactures and distributes a broad range of medical devices that was in the process of an M&A transaction. During the acquisition of the company, the new management team reached out to Coral Capital to structure a working capital facility that the company would need in order to ramp up its operations following the closing of the M&A transaction.

“With the completion of its acquisition and Coral Capital’s AR factoring facility now in place, the Company is well positioned to fulfill its growth plan in 2025 and beyond,” said Jim Bertie, Chief Operating Officer of Coral Capital Solutions. “Coral Capital’s ability to quickly process a large amount of invoices and timely funding is instrumental in helping to support the future growth of the business.”

About Coral Capital Solutions 

Coral Capital Solutions provides financing solutions to the SMB market in a wide variety of industries throughout the U.S. and Canada including technology, telecom, food & beverage, new media, manufacturing and other business service companies. It is a leading source of factoring, asset-based lending, purchase order and trade finance products. Coral Capital is well capitalized and has the ability to consummate transactions quickly from commitment to funding. To learn more please visit www.coralcapitalsolutions.com.