Graystone Capital Provides a Revolving Line of Credit to a Tennessee based Company

Graystone Quarry Rocks
Graystone Quarry Rocks
  • Graystone Quarry Rocks
    Graystone Quarry Rocks
    Graystone Quarry Rocks
    Graystone Quarry Rocks
San Jose, California (June 5, 2012) - Graystone Capital has announced the issuance of an Accounts Receivable Line of Credit to a Tennessee based company. This company produces machined goods and specializes in Swiss, Screw and CNC lathe machining. They serve numerous industries including medical, electronics and automotive.

“Graystone Capital is proud to partner with this approximately 30 year old Tennessee firm, which also expands our Eastward footprint. It gives me great pleasure to continue my association with this reputable borrower, especially after they have already enjoyed a 25 year relationship with my previous employer and bank affiliate,” said Kevin O’Hare, CEO of Graystone Capital. 

Graystone Capital is a direct lender that specializes in asset-based lending services designed to support the growth of American companies. Their 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.