Culain Capital Funding Closes $4.5MM Factoring Facility to Communications Equipment Company
Culain Capital Funding completed a $4.5 million factoring facility for a Florida-based command and control equipment reseller, integrator and distributor in the defense industry.
Jamie Franz, president of Culain, brought in this opportunity. The company is a service-disabled veteran-owned business located in a historically underutilized business zone specializing in cross-functional integration between Department of Defense users, prime vendors and programs of record.
“We were very impressed with the abilities of the company’s founders to develop an offering in such an underutilized business environment,” Franz said. “They have made their company an integral service that the Department of Defense requires to be a part of certain contracts. Combined with the knowledge stemming from being former special operators, we are extremely excited to help and watch this company grow and provide them with the financing they need.”