IT Company

IT

$750,000

Line of Credit

IT Company

Middle Tennessee  

Southeastern Commercial Finance is pleased to announce the funding of a $750,000 line of credit for a middle Tennessee based IT company. The company is a start-up business which made it difficult for them to obtain a traditional bank line of credit. After their banker assessed the situation, he put them in touch with Southeastern who was able to close the loan prior to a critical date for the company as they were faced with new business commitments to fulfil. The banker retained the depository relationship and helped the company obtain the working capital solution it needed to grow it’s business.