Sterling Provides Funding to Support IT Company
Sterling Steps in to support working capital needs of established IT Consulting business
Date Released: 07/27/2009
Sterling National Bank has provided a $7.5 million secured revolving line of credit to SITA Corporation. The line is to be utilized for working capital purposes.
SITA Corp was established in 1993 to provide a variety of information technology services that include systems integration, consulting, software implementation
and outsourcing. SITA assists companies at every stage of the project lifecycle, specializing in customizing enterprise resource planning and business process
management software projects from SAP (systems applications and products) for businesses worldwide . "Sterling National Bank is pleased to step in and offer
the increased funding SITA required," said Jeffrey Fliegel, Senior Vice President of Sterling National Bank. "We are highly skilled at taking a complete look at a
company and its business to assist with the funding necessary to flourish."
About Sterling Resource Funding Corp
Over the last 25 years Sterling Resource Funding Corp has established itself as the cornerstone of finance and support services exclusively to the staffing industry.
Sterling Resource Funding stays in the background providing maximum financial support along with a wide range of administrative functions. Sterling Resource
Funding Corp is a subsidiary of Sterling National Bank, a New York-based banking and financial services company with assets over $2.1 billion, offering a suite
of products for individuals and small to mid-sized businesses. Our comprehensive services give you the time to devote yourself to driving the growth of your
organization.
Contact Information
Dale Busbee
Sterling Resource Funding Corp
http://www.sterlingresourcefunding.com
985-641-8817
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