Home/Invoice Financing Companies/Magnolia Financial, Inc.


187 W. Broad St.
Spartanburg, SC 29306

P: (864) 573-9900
F: (864)573-9912


  • Robert F. Faucett, Jr.: Executive Vice President
  • Gerald Smith : Chief Executive Officer
  • Charlie Johnson : President
  • James Fickling, III : Chief Financial Officer


Magnolia Financial is an independent asset-based lender. The company provides working capital finance solutions to manufacturing, service, staffing, distribution, wholesale, communication, pharmaceutical, printing, telecommunication and transportation companies, as well as others, throughout the United States.

Magnolia provides lines of credit of up to $2 million based on account receivables. Recent transactions have been valued at $125,000 to $1 million.

Initial funding requires three business days to set up new accounts. Magnolia provides later funding on a next-business-day basis. 

Size of Loans

  • Up to $250,000
  • $250,000 - $1,000,000
  • $1,000,000 - $5,000,000

Available Financing

  • Accounts Receivable Financing