Capital Partners, LLC has secured a $500,000 credit facility for Model Home Interiors, Inc., headquartered in Elkridge, Maryland. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in business loans for small to middle market companies.
“We approached US Capital Partners to place a scalable line of credit to support our growing working capital needs,” said Vince Florenzo, CEO at Model Home Interiors. “US Capital Partners has arranged a $500,000 accounts receivable line of credit for us, which will be used primarily to support the company’s ongoing expansion. We are delighted to have secured this facility.”
“Commercial banks have pulled out of the construction industry, and are declining businesses even with good financial performance,” said Jeffrey Sweeney, CEO and Managing Director at US Capital Partners. “At US Capital Partners, we examine transactions on a case-by-case basis. This allows us to fund transactions that are outside the ‘bankable box’. Through US Capital Partners’ collateral report on Model Home Interiors, we were able to highlight the receivables eligible for financing. We are extremely pleased to have secured this facility for the company.”
About Model Home Interiors, Inc.
For 30 years, Model Home Interiors, Inc. has been delivering award winning model homes to builders and developers all over the east coast. The company offers a wide range of design services, which include residential models such as single family homes, townhomes, condos, and apartments, as well as public and commercial spaces. Based in Elkridge, Maryland, the company combines its talent for design and its niche for marketing to produce stunning interiors for its clients.
About US Capital Partners, LLC
Since 1998, US Capital Partners has been providing prompt, innovative, and reliable financing solutions including lending, corporate financing, and debt re-structuring to businesses across the United States and abroad. US Capital Partners is a private investment bank, direct lender, co-lender, and lead financial arranger that specializes in asset-based debt for small to middle-market private and public companies. The company’s innovative approach allows it to provide the best financing available, not only for companies in excellent financial condition, but also for companies that may have been refused credit by traditional lenders.
If you would like to know more about how your business can secure the funding it needs, email Jeffrey Sweeney, CEO and Managing Director, at jsweeney@uscapitalpartners.net or call (415) 889-1010.
