Amount: $5,000,000 | Location: Pennsylvania |
Closed: Within 35 Days
Details: A Pennsylvania defense contractor received a new government contract and needed $5 million in working capital to fulfill the new contract. After being declined by several banks, the last bank recommended One Source Business Capital (OSBC) as an organization that may have resources to assist the customer in securing the needed financing. The customer contacted David Marcantonio, President of OSBC. After David's initial review, a loan was submitted to OSBC's capital source and from start to finish, the loan was closed for the customer in 35 days.
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