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$3 Million Line for Specialty Navy ContractorChallenge: A mature specialty navy contractor was notified by its bank that the bank could no longer provide it with financing because of the firm’s recent losses. Solution: Federal National made a $3 million credit facility available that satisfied the firm’s indebtedness to the bank and provided the company with the financing it required. Federal National granted funding within 30 days of initial contact with the borrower. The client chose to maintain its deposit and cash management relationship with the bank. Other Success Stories$4 Million Line for Technology Solutions Provider $400 Thousand Line for Systems Development & Maintenance Provider $4 Million Line for Staffing Firm $2 Million Line for Marketing Media & Management Services Firm $500 Thousand Line for Facilities and Event Management Services Provider $1.5 Million Line for Facility Management and Logistic Support Services Firm |
