$750 Thousand Line for Consulting Firm to the Federal GovernmentChallenge: A consulting firm to the federal government lacked sufficient financing when their bank was unable to renew their credit line due to loan covenant violations. Solution: Federal National’s $750 thousand accounts receivable line allowed the firm to satisfy their obligation to the bank and provided them with excess liquidity for their ongoing working capital requirements. Other Success StoriesAccounts Receivable Line for Provider of Software Architecture Engineering Working Capital Line for IT Service Provider $2 Million Line for Technology Consulting Company $200 Thousand Line for Provider of Systems Support Services $4 Million Line for Contractor to the Department of Defense $1.5 Million Line for Decision Support and Engineering Services Firm $100 Thousand Line for Start-Up Company |
