Birmingham, AL – Porter Capital, a premier provider of flexible funding solutions, has extended a $15 million line of credit to a leading cold-rolled steel manufacturer. This partnership will provide the manufacturer with enhanced working capital to support its continued growth and operational expansion.
With over 30 years of experience in providing creative financial solutions, Porter Capital is committed to helping businesses like this steel producer meet their financial needs while fostering long-term stability and success.
This funding will enable the manufacturer to increase production capabilities, streamline operations, and meet the rising demand for high-quality cold-rolled steel across various industries.
“We’re proud to support the essential growth of manufacturers in critical industries such as steel,” said SVP, National Sales Manager, John Cox Miller. “This line of credit ensures that our client has the financial flexibility to optimize their operations and continue providing top-tier products to their customers.”
Porter Capital has funded over $10 billion to date and continues to be a trusted partner for companies seeking flexible financing solutions.
About Porter Capital
Porter Capital Corporation was founded in 1991 by brothers Marc and Donald Porter in Birmingham, AL. Porter offers working capital solutions to businesses all over the country in a variety of industries. As a direct lender and factoring company, Porter Capital has provided billions in funding since its inception. Porter Capital offers Invoice Factoring and Asset Based Credit Lines up to $25 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 www.portercap.com.
