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Federal National Payables Funds Two FacilitiesBethesda, MD. Federal National Payables, Inc. recently closed two short term working capital facilities totaling $450 thousand. The deals include a $100 thousand working capital line for a start-up engineering firm that expects significant growth due to a recently won, large government contract. Additionally, a provider of computer consulting services to the federal government market received a $350 thousand facility, which will help the company to turn around its recent losses and negative net worth position. 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 Facilities Totaling $6.4 Million, July 2009 Federal National Payables Provided Six Facilities, December 2008 Federal National Payables Hires Senior Vice President, Region Manager, October 2008 |
