Client Testimonials

"Several banks declined our request for a line of credit because we had been in business less than a year.  We spoke to some traditional Factoring Companies but they all wanted us to sign a contract for at least 12 months.  Magnolia gave us the Business Line of Credit we needed without making us sign a long-term contract." 

Distribution Company
North Carolina

"My business was growing and I was unable to keep up with an increasing payroll due to slow paying customers.  I was starting to turn away new business until I found Magnolia Financial.  They provided me with an Accounts Receivable Line of Credit to help my cash flow."  

Construction Industry
South Carolina

"I managed to survive the downturn and things started looking up in late 2010.  Despite the increase in business, my bank would not renew my line of credit.  Magnolia quickly stepped in and provided us with the funding we needed to grow.  I would have otherwise had to turn away new customers."

Trucking Company
South Carolina

"Magnolia gave me the funds I needed to take advantage of supplier discounts.  The 2% fee I saved by paying my vendors early helped offset the fee I paid Magnolia.  The program virtually paid for itself."

Metal Supplier
North Carolina 

"Magnolia Financial not only gives us the financing we need, but also helps us manage our Accounts Receivable.  They help us with customer credit  evaluation and provide us with real-time reports.  I'm able to focus on finding new customers rather than collecting from current ones."

Manufacturer
Georgia