• industry
    Packaging Company
  • CHALLENGE
    Client had a revolving credit line with a bank for 11 years, bank was unable to increase credit line.
  • SOLUTION
    VERTEX was able to get a subordination from bank on certain accounts and was able to increase their line by $1 million dollars.
  • industry
    Construction Company
  • CHALLENGE
    30 year old construction company experiencing healthy growth encountered lending limit at local bank.
  • SOLUTION
    VERTEX was able to extend the credit they needed to continue to grow their business using invoice factoring. This increased availability, provided the cash flow needed to improve their vendor relations, which led to deeper discounts on raw materials.
  • industry
    Packaging Company
  • CHALLENGE
    Client had a revolving credit line with a bank for 11 years, bank was unable to increase credit line.
  • SOLUTION
    VERTEX was able to help them grow their business by providing funding to their franchises as well as on-line support and education to all their clients through our software accounting system and accounts recivable collection services.
  • industry
    Manufacturing Company
  • CHALLENGE
    Client had major account concentrations and had been placed in the work-out division of local bank due to broken covenants.
  • SOLUTION
    VERTEX was able to provide the availability needed on the large accounts and negotiate an intercreditor agreement with the bank allowing for a payment of the note over a longer term.

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