Recent Transactions

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Diamond's Recent Transactions

These are just a few of the ways in which Diamond Business Credit has been able to help businesses like yours.

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$1 million line of credit

✓ Furniture Manufacturer
✓ Turnaround/Bank Workout
✓ Referred by bank work-out officer
✓ Paid bank out in full AND provided additional working capital to fund a building backlog

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$500,000 line of credit and term loan

✓ Seafood Wholesaler
✓ Referred by Turnaround Consultant
✓ Paid Bank out in full AND provided additional working capital

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$175,000 line of credit

✓ IT consulting and staffing agency
✓ Start-up not yet bankable
✓ Referred by local Banker
✓ Funding used for additional staffing to accelerate growth
✓ Approved within 24 hours

 
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$100,000 line of credit

✓ Executive protection and security firm
✓ Start-up – not yet bankable
✓ Referred by intermediary
✓ Approved within 24 hours
✓ Funding used for additional staffing to accelerate growth

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$75,000 to start - expanded to $150,000

✓ Power plant service and maintenance
✓ Referred by local Banker
✓ Capital used to fund payroll and materials
✓ Line enabled client to bid larger, additional jobs

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$125,000 to start – expanded to $600,000

✓ Cable and Wireless infrastructure Service Company
✓ Referred by local bank
✓ Capital used to fund ongoing projects and bid additional larger jobs

 
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$200,000 line of credit

✓ Metal Fabrication Company
✓ Referred by consultant
✓ Replaced fatigued lender and provided stable source of business-saving working capital




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$200,000 line plus $25,000 structured over-advance

✓ Courier service with regional customer base
✓ Was in work-out group at bank
✓ Referred by turnaround consultant
✓ Used to pay bank out and fund operations




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$350,000 to start – expanded to $600,000

✓ Supplier of consumables for heavy equipment
✓ Unbankable due to recent losses
✓ Referred by local economic development agency
✓ Provided AR and Inventory Revolver to stave off business closure
✓ Company now stabilized and thriving




 
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$100,000 – A/R and PO finance line

✓ Producer of gluten free cookies
✓ Referred by local bank
✓ Start-up not yet bankable
✓ Capital used to pay co-packer to execute on backlog

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$250,000 expanded to over $1,000,000

✓ A/R and Inventory line plus special-situation loan to launch new product
✓ Importer distributor of energy saving bulbs and other devices
✓ Not bankable due to recent losses
✓ Referred by spot-factoring company

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$200,000 A/R and PO line of credit

✓ Manufacturer of smart fire extinguisher gauges
✓ Not bankable due to losses and balance sheet issues related to product development
✓ Capital used to fund growing backlog and avert further dilution

Asset-based financing for
non-bankable companies

$25,000 to $1,000,000