Birmingham-based Porter Capital has created an $8 million line of credit for a pandemic-hit firm, allowing the firm to remain in business. The firm, described as “a $40 million service company” encountered cash flow problems because their payments from customers were delayed. They contacted Attract Capital LLC, a New York-based investment banker. But Attract Capital…
Porter Capital creates funding solution for pandemic-hit firm
Birmingham funding firm provides $8 million tied to accounts receivable