VCF Welcomes New Business Development Officer
VCF is pleased to announce that Charles F. Plageman has joined our firm as Vice President, Business Development Officer. Charles will focus on middle market companies with asset based lending requests of $2MM and higher. He will concentrate his calling efforts on contacts and customers within the Mid-Atlantic and the Carolinas.
Are You Missing Out On Opportunities To Grow Your Business?
Two college friends decided to do a study abroad in Asia. As their time overseas came to an end and they graduated, they decided to remain overseas and began working for an automobile accessories manufacturer. After several years, the friends saw an opportunity to return to the U.S. and start their own business. They approached […]
$1,000,000 Revolving Line of Credit
The Business The company is an importer and distributor of plumbing and electrical fixtures based in the Southeast. The two principal owners started the business out of a garage while they were in college and haven’t looked back. Since the company’s inception, the business has experienced continued growth in sales and its customer base.
$1,000,000 Asset Based Line of Credit Facility
A small but growing North Carolina wholesaler distributor of automotive, plumbing and hardware supplies had operated its business utilizing a line of credit from a local bank for several years. Due to the two partners’ extensive relationship with several foreign manufacturers, the opportunity to significantly increase sales led to the need for an increased and […]