ATLANTA – Presidential Financial announces the closing of an accounts receivable and inventory credit facility totaling $2 million for a North Carolina-based manufacturer of baked goods, including cookies, brownies, biscuits and other items.

Also recently closed is a $1,000,000 accounts receivable facility for a provider of security and surveillance systems located in Maryland. These systems are used for traffic monitoring, in airports, military bases, utilities and other public and corporate campuses.

Another recent transaction is a $2.5 million accounts receivable and inventory credit facility for an Alabama-based manufacturer of kitchen and bath cabinetry.

Presidential Financial Corporation specializes in asset-based lines of credit for commercial businesses, secured by accounts receivable and inventory. The firm’s clients include service businesses, manufacturing companies, wholesalers and distributors, and technology companies, among others. Presidential’s Healthcare Division, Presidential Healthcare Credit, provides receivables-based facilities for healthcare providers. Headquartered in Atlanta and founded in 1981, the company serves clients nationwide. For more information, visit www.PresidentialFinancial.com.


Established in 1981, Presidential Financial is a national asset-based strategic lender that provides working capital lines-of-credit to growing companies. The firm offers customized and flexible financing solutions, including lines-of-credit from $200,000 to commercial companies and lines-of-credit from $500,000 to healthcare organizations. Headquartered in Atlanta, privately held Presidential serves the entire U.S. The company is primarily owned by institutional investors, including Harbert Management Corporation, and Presidential executives. For more information visit www.presidentialfinancial.com.