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Corporate

Marco provides Factoring Facility for Wolo Manufacturing Corp.

Lucía Irureta Goyena
May 05, 2024
Deal announcement

The manufacturing leader in innovative horn design and vehicle technology parts, Wolo Manufacturing Corp. opened a factoring line with Marco to continue developing its business and better serve clients.

"Marco's assistance has been invaluable," remarked Eric Van Dam, from 1847 Holdings. "Securing a transparent solution was paramount for our company, and the Marco team left no stone unturned in achieving it."

“We are happy to supply Wolo with a working capital facility to help them fill orders on hand”, added Barry Kastner, EVP & Senior MD of Business Development at Marco. “Factoring is a great way to fill the credit gap between suppliers and customer terms. We appreciate the confidence that GVC Advisory Services had in referring the transaction to us and their assistance in expediting the process”.

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