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threadSeptember 29, 2015

Summit Financial Resources recently provided $9 million in working capital financing to a variety of small and medium-sized businesses across the country. These fundings include Accounts Receivable & Inventory financing for the following companies:

In the Western Region, Summit funded a $250,000 A/R credit line to a software company in Washington. In Southern California, Summit also funded a $1,000,000 A/R credit line to a medical device manufacturer and a $1,000,000 A/R & Inventory credit line to a golf apparel company.

In the Midwest Region, Summit funded a $500,000 A/R credit line to an industrial coating company, and a $3,000,000 A/R & Inventory credit line to a plastics manufacturer in Minnesota.

In the Intermountain Region, Summit funded a $400,000 A/R credit line to a software consulting firm, as well as a $500,000 A/R credit line to a computer hardware distribution company in Salt Lake City.

In the Northeast Region, Summit funded a $2,000,000 A/R credit line to a transportation company in New England.