$400,000 Factoring Credit Facility to Petroleum Cooling Chemical Distributor:

The Company was founded in 2006 in Houston, Texas to supply petroleum cooling chemicals to oil refineries around the world. The company’s sales are both domestic and international. The company has seen rapid sales growth with refineries in the U.S.A. This facility was requested, as their orders have grown substantially, and industries terms are typically 60 days, these terms have put a crunch on the cash flow.

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