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Refer a Friend: Earn a $250 Visa Gift Card

Good Morning –

At PrimeArc Capital – our mantra is simple: we believe that our clients are our business. We strive day in and day out to serve your account to the best of our abilities, and we hope that that effort translates into tangible improvements in your company’s performance. We understand what it takes to build a business, and we are committed to developing and flourishing with you.

Now, we want to reach out to our best asset – our clients – and ask for your help to grow our business. As growing businesses yourselves – we know you understand the importance of client testimonials and referrals. We would like to thank those of you who have referred business to us in 2017, and we would like to offer an incentive to keep your referrals coming in 2018! Our program is simple:

1.) Refer us a prospect (either have them tell us they were referred by you or simply just provide their contact information and we will do the rest)
2.) Earn a $250 Visa gift card after the new client funds with us for 1 month
3.) Repeat

From all of us at PrimeArc Capital – we are grateful for your ongoing partnership, and we look forward to continuing to build our businesses together.

All the Best,

David Ebinger
PrimeArc Capital, LLC
www.primearccapital.com
678-236-1000

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PrimeArc Capital – 2017 – A Year In Review

Atlanta, GA – February 1, 2018 – PrimeArc Capital, LLC (“PrimeArc”) engaged in forty-six new factoring partnerships in the second half 2017, ending the year with seventy-five new factoring partnerships over the course of the year.

Below are a few highlights of some of these new factoring relationships:

  • A Virginia based veteran owned shipyard services business
  • A North Carolina based dump truck business
  • A Florida based auto hauling company
  • A Texas based oilfield services business
  • An Ohio based nurse staffing company

These companies will use the financing provided by PrimeArc to purchase materials, fund expansion initiatives or meet payroll / operational expenses. These new facilities range in capacity from $10,000 to $600,000 and averaged $63,000.

Bud Crawford, CEO, said “we are excited about the continued growth of our company. While we tailor the financing program to each new client’s unique needs, all of our new client’s businesses share the characteristic of scalability. We look forward to helping [our clients] achieve continued growth and success.”

To help facilitate continued growth, PrimeArc has added Lara Stegman to their operations team. Lara will serve as PrimeArc’s Portfolio Manager and has 10+ years of industry experience in the ABL and factoring space.

Additionally, PrimeArc was able to graduate over $2,500,000 of portfolio volume to a line of credit with an institutional lender. Operations Manager David Ebinger commented, “the foundation of our company is predicated on doing what is best for the client. We take great pride in graduating companies from our micro financing program to a line of credit with one of our upstream ABL or bank partners.” If you are interested in becoming an ABL or bank partner, please email steve.morgan@primearccapital.com.


Why PrimeArc Capital, LLC

  • Lines as low as $10,000
  • No setup fees
  • No monthly volume minimums
  • No owner credit requirements

About PrimeArc Capital, LLC
PrimeArc Capital, LLC offers working capital solutions and factoring services to small businesses. PrimeArc Capital is committed to servicing the “micro” end of the factoring industry with credit facilities ranging from $10,000 – $600,000. Their credit facilities allow clients to pull cash forward by 30 – 60 days to meet financial obligations which include: funding new contracts or orders, payroll costs, or purchasing of supplies. PrimeArc Capital’s working capital lines enable clients to invest in their future by using their cash balance to invest in growth initiatives for their business. In addition, PrimeArc Capital helps clients manage the collection and billing process for each invoice allowing them to focus more time and energy on core business operations. Please email steve.morgan@primearccapital.com to learn more.

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PrimeArc Capital, LLC engaged in twenty-nine new factoring partnerships in the first half of 2017

PrimeArc Capital, LLC engaged in twenty-nine new factoring partnerships in the first half of 2017. Below are a few highlights of these new factoring relationships:

• A Florida based erosion control company
• A Maryland based technology staffing company
• A California based geothermal welder
• A Florida based transportation company
• A New York based supplier of kosher foods

These companies will use the financing provided by PrimeArc to purchase materials, fund expansion initiatives or meet payroll / operational expenses. These new facilities range in capacity from $10,000 to $600,000 and average $87,500.

Bud Crawford, CEO, said “we are excited with the new additions to our client base in the first half of 2017. Each new client has the opportunity to grow their business, and we believe our financing program and experienced staff will help them achieve their financial goals.”

Additionally, PrimeArc Capital was able to graduate two clients from their financing program and help them refinance their line of credit with an institutional lender. Operations Manager David Ebinger commented, “our company goal is for our financing to be a bridge to a more traditional financing option. While we hate to lose great clients, it is great to see the positive impact of our financing program. We look forward to helping our next set of clients achieve the same goal.”

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PrimeArc Capital acquires portfolio from Pinnacle Specialty Capital

PrimeArc Capital, LLC (Atlanta, GA) proudly announces the portfolio acquisition of Pinnacle Specialty Capital, LLC (“Pinnacle”), the factoring division of Great Falls Capital Partners (Tacoma, WA). Pinnacle was founded in 2009 and focused on providing “micro” factoring solutions (0-250k) to clients across the United States.

“We are excited to have found [in Pinnacle] a great partner for the acquisition, with similar credit and underwriting standards” says PrimeArc Capital CEO Bud Crawford. “Further,” Crawford notes, “this acquisition helps Facteon continue to diversify its portfolio and client base and will provide a tremendous avenue for growth in the future.”

As part of the acquisition, Beth Malin will rejoin PrimeArc Capital as a Business Development Officer. PrimeArc Capital has also hired David Ebinger, formally of SunTrust Robinson Humphrey and AchieveIt Online, LLC, to help onboard the Pinnacle portfolio and manage the combined entities’ operations going forward. “Both Beth and David have tremendous experience and will be invaluable in helping PrimeArc Capital achieve its goal of becoming an industry leader in the micro factoring space [0-600k credit facilities]. We will continue to invest resources in hiring great people!” said Crawford.

In addition to the acquisition, PrimeArc Capital, LLC engaged in 18 new factoring partnerships in the Q3 and Q4 quarter of 2016. The facilities range in capacity from $10,000 to $600,000 and average $132,500. The companies include:

  • A California based provider of security guard services
  • An Alabama based provider of construction staffing services
  • A Maryland based government contractor
  • A New York based cable installation company
  • A Louisiana based disaster relief company
  • A New York based beauty products manufacturer
  • A Tennessee based hunting knife manufacturer and importer
  • A North Carolina based transportation company
  • A North Carolina based IT services company
  • A California based IT services company
  • A Georgia based facilities management company
  • A North Carolina based dump truck hauler
  • A Louisiana based environmental remediation company
  • A California based energy efficiency consultant
  • A Maryland based technology consultant / installer
  • A Georgia based business services consultant
  • A Texas based excavation / directional drilling company
  • A Georgia based janitorial services company