BIRMINGHAM, AL, December 14, 2023–Asset-based lending is an industry built on making deals, but at the heart of every one of those transactions is a financial solution for a business. To honor this fundamental pillar of the industry, ABF Journal is proud to present its second annual Deals of the Year listing to provide a more in-depth look at some of the most intriguing and impactful transactions of 2023. This year’s list features a swath of deals across multiple categories, including traditional asset-based loans, factoring facilities, purchase order funding, receivables financing and more. Deals were selected based on reader nominations, as well as insight from our editorial advisory board, with transactions announced or closed between Nov. 1, 2022, and Oct. 6, 2023, eligible for consideration.
Now, without further ado, let’s get to the deals!
2023 Deals of the Year
About Porter Capital Group
Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Porter offers workingcapital solutions to businesses all over the country in a variety of industries. As a direct lender and factoring company, Porter Capital has provided over $8 billion in funding since its inception. Porter Capital offers Invoice Factoring and Asset Based Credit Lines up to $40 million. Since founding the company, Porter Capital has expanded to include a special transportation division known as Porter Freight Funding. The Porter businesses continue to grow by providing working capital solutions, emphasizing personalized, dedicated customer service without sacrificing speed and efficiency. To know more about Porter Capital Corporation and how it can be a working capital solution provider for businesses, call 1-888-865-7678 or visit its official website.