Advantage Business Capital Purchases $4MM Participation in Support of a West Coast Electronics Manufacturer
HOUSTON, TX — [September 17th, 2024] — Advantage Business Capital announces that it has approved and funded a $4MM invoice factoring participation for a California-based electronics manufacturer. This participation is non-lead and will allow the overall credit facility for the client to grow.
“We are very fortunate to be a trusted partner to the lead, allowing them to manage their client needs and portfolio credit,” said Wayne Coker, President of Advantage Business Capital.
About Advantage Business Capital
Advantage Business Capital provides invoices factoring, asset-based loan (ABL) revolvers to clients, rediscount facilities, and participations nationwide. Advantage is owned and backed by one of the oldest independent banks in Texas.