Wabi Iron & Steel Corp
“FGI took the time to gain an in-depth understanding of our operations in order to provide our company with the appropriate financing solution to support our projected growth.”
–Jeremy Birnie, CEO,
Wabi Iron & Steel Corp
Wabi Iron & Steel Corp
FGI provides Wabi Iron & Steel Corp with a $2 million revolving credit facility
Wabi Iron & Steel Corp is an Ontario based manufacturer of loading and conveyance systems for the mining industry. Wabi distributes their product throughout the U.S., Canada and Latin America. After undergoing a significant turnaround, the company was in need of a new line of credit to support future growth.
FGI stepped in to provide Wabi with a $2,000,000 revolving credit facility against its accounts receivables and inventory, as well as an equipment term loan.
