Aloft Capital is pleased to announce the closing of an Asset-based line of credit that will provide cash flow assistance to an IT Consulting Firm located in Philadelphia, PA. The line amount will start at $2,500,000 but has the ability to increase up to $7,000,000 as the receivable base grows. The company will use these funds to support the tremendous growth they are experiencing, both in client work and staff size.
We are excited to watch the great things this firm will accomplish and look forward to tracking their success. Congratulations!