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Atlantic Capital & EF Provides Financing for Heritage Packaging

September 24, 2020, 07:00 AM
Filed Under: Packaging
Related: Atlantic Capital

Atlantic Capital & Equipment Finance arranged $500,000 in financing for Heritage Packaging Inc. to purchase a new Modern Manufacturing 24-inch Servo Pouch machine for its Victor, NY, facility. The new pouch machine expands its capacity to produce protective packaging for the military and food packaging industries.

Jeff Shaner, President of Atlantic Capital & Equipment Finance, stated the company was able to provide 100 percent financing over a seven-year term at a low fixed rate. “Our knowledge of the Packaging and Converting industries and equipment coupled with our multiple funding options allowed us to provide the funding for Heritage Packaging to purchase the most up-to-date equipment to increase their capacity and continue their growth.”

Atlantic Capital & Equipment Finance is an independent equipment finance company with headquarters in Delray Beach, FL, and sales offices in California, New York and Illinois serving the entire United States. Atlantic Capital provides loans from $50,000 to $5 million serving middle market manufacturing companies. 

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