03/15/2007
Mega Power International, Inc.
Oldsmar, FL
Mega Power International, Inc. Obtains Working Capital Financing from Summit Financial Resources
Mega Power International, Inc. recently obtained an
Inventory and Accounts Receivable working capital credit facility for up
to $500,000 from Summit Financial Resources.
Mega Power International, Inc. was seeking working capital financing to
fund strategic growth opportunities. Based in Oldsmar Florida, Mega
Power International, Inc. is a manufacturer of automotive aftermarket
chemicals and service equipment with 27 domestic and 7 international
distributors.
Mega Power International’s financial initiatives are spearheaded by
David Glaser, CEO/CFO, who has been with the company since
2005 and is directing senior management in the evolution and growth of
Mega Power International in a diversity of markets.
The Summit Financial Resources team was led by Kevin Gunter, VP,
Business Development Officer for the Southeast Region, based in Tampa,
Florida. Summit Financial Resources is a nationally recognized provider
of working capital financing to small and medium-sized businesses in a
broad range of industries. With 12 offices nationwide and 20 years of
experience, Summit has established itself as one of the largest and
fastest growing companies in its industry.