Graystone Capital provides a $250K Accounts Receivable Line of Credit

FOR IMMEDIATE RELEASE
San Francisco Bay Area, California, United States of America (Free-Press-Release.com) October 6, 2011 -- San Jose, CA (October 6, 2011) - Graystone Capital has provided a $250K Accounts Receivable line of credit to a company that provides a one-stop solution for organizations seeking efficiencies and improvements in the management of their facilities and workplace. The company provides facilities oriented project management, portfolio analytic software, hiring assistance, the ability to identify affordable office space and consulting for throughout an entire relocation process.

"We are thrilled to have the opportunity to partner with an 18 year old company that continues to innovate and help other businesses grow, just like we try to do here at Graystone Capital”, said Cara O'Hare, Marketing Director of Graystone Capital.

The line of credit will be instrumental in supplementing their cash flow requirements as they have experienced a significant increase in sales. In addition, it will assist them in financing the heavy spikes in sales resulting from the large relocation projects initiated by their corporate clientele.

Graystone Capital is a privately held commercial finance company that is headquartered in Silicon Valley (San Francisco Bay Area) with locations in Phoenix, Arizona, Boulder, Colorado and Richmond, Virginia. We are a direct lender that specializes in asset-based lending services designed to support the growth of American companies. Graystone Capital is a full service shop with our own in-house backroom operations. All funding decisions are made locally in order to best service our borrower’s needs. Our Technology Finance division targets small- to-medium cap emerging technology companies with venture debt and other early-stage debt financing. These credit facilities range in size from $100,000 to $3 million.

Cara O'Hare
Media Relations
408-275-8006 ext. 7
cara@graystonecap.com

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