Hennessey Capital LLC, a Huntington Woods-based specialty finance company providing working capital to small and mid-sized businesses, announces completion of the following financing transactions:

* $250,000 in factoring financing for a Michigan-based alloy distributor used to   complement a current bank facility.

* $300,000 in factoring financing and $50,000 growth capital loan for a Michigan-based IT staffing company. The $50,000 non-formula loan is being used to  fund new contracts.

* $100,000 in factoring financing for a California-based distributor of golf equipment to finance sales growth to international customers.

* $1.5 million in an accounts-receivable-based line of credit to support new sales for a Michigan-based marketing and advertising agency.

* $1 million in an accounts-receivable-based line of credit for a Michigan-based manufacturer of packaging material to support sales expansion within the foreign and domestic automotive industry.

Hennessey Capital provides working capital for growing business-to-business companies that are either pre-bankable but post-revenue, in transition or otherwise do not meet the credit guidelines of traditional bank lending. Products and services include purchase order financing, factoring, asset-based lending programs, mezzanine debt, receivables management and business coaching. Hennessey Capital is part of the Hennessey Group of companies including Hennessey Enterprises, Hennessey Ventures, Hennessey Capital Southeast, and InStream Services. 

More at www.henneseycap.com.