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Federal National Payables Funds Facilities Totaling $6.4 MillionBethesda, MD. Federal National Payables, Inc. provided four working capital lines totaling $6.4 Million. They include a $2 million short term working capital facility for a specialty temporary and permanent placement firm in the Pacific Northwest and a $4 million line for a company providing field operations and telecommunications support and new equipment training solutions to the Department of Defense. Both facilities support the companies’ anticipated growth. Additionally, an Atlanta based company offering building supplies received a $300 thousand facility as startup and working capital to succeed in the government arena. Federal National also provided a $50 thousand facility to a government contractor offering technical and management services. The facility will help the company to start-up and fuel growth. Federal National Payables, founded in 1992, provides accounts receivable financing to help small- and mid-sized companies manage their cash flow while growing their business. Other Press ReleasesFederal National Payables Provided Two Working Capital Facilities, June 2010 Federal National Provided $2 Million Working Capital Line, May 2010 Federal National Payables Provided Eight Facilities, March 2010 Federal National Payables Funds Five Facilities, January 2010 Federal National Payables Funds Three Facilities, November 2009 Federal National Payables Funds Three Facilities Totaling $1.85 Million, September 2009 Federal National Payables Funds Two Facilities, May 2009 Federal National Payables Provided Six Facilities, December 2008 Federal National Payables Hires Senior Vice President, Region Manager, October 2008 |
