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AmeriFactors Secures $28.75MM in Factoring Deals in March

AmeriFactors has secured a total of $28.75 million in traditional non-recourse factoring for nine clients in March. These transactions contributed to a record quarter for the Florida-based factoring company.

Brief descriptions of the transactions are outlined below:

  • $600,000 to a construction company in Florida
  • $600,000 to a specialty design and marketing firm in Florida
  • $3 million to a commercial design and property maintenance company in
    Florida
  • $20 million to a telecommunications company in Florida
  • $1.2 million to a construction company in Florida
  • $2.8 million to a mobile blood services company in Maryland
  • $200,000 to a telephone and cable construction company in Florida
  • $200,000 to a framing and renovation company in Florida
  • $150,000 to a printing company in Florida

Celebration, FL-based AmeriFactors provides financing solutions to small- and medium-sized businesses in a variety of industries to help those businesses meet rapidly changing market conditions.