by Brent Chambers | May 11, 2021 | Success Stories
Client: A start-up telecommunications contractor out of California Situation: This entrepreneur had years of experience in the industry, but had invested all his capital in launching the company, leaving him without any working capital to purchase materials, meet...
by Brent Chambers | May 11, 2021 | Success Stories
Client: A newly formed exterior contractor based in Colorado Situation: This company took on a major project with one of the country’s top general contractors, but needed working capital for short-term payroll and material obligations on the $850,000 contract....
by Brent Chambers | May 11, 2021 | Success Stories
Client: A long-term painting and drywall client based in Louisiana Situation: Many of their projects were postponed in 2020 due to the pandemic. In April 2021, they were thrilled that five of their backlogged projects were kicking off, but they also knew that...
by Brent Chambers | May 11, 2021 | Success Stories
Client: An HVAC, Electrical, and Plumbing (MEP) contractor based in Ohio Situation: Due to the pandemic, the firm’s bank could not expand their current line of credit, but wanted to retain the relationship. We worked alongside the bank and negotiated an intercreditor...
by Brent Chambers | May 11, 2021 | Success Stories
Client: An HVAC company in Columbus, OH Situation: The firm had an opportunity to take on three large jobs from a large state university, but did not have enough working capital to purchase materials. Solution: $275,000 in Materials Financing Result: The company was...
by Brent Chambers | May 11, 2021 | Success Stories
Client: A foundation contractor based in Brooklyn, NY Situation: With steep cost increases in building materials, this company was unable to purchase materials to take on their usual size projects. Solution: $1,000,000 in Materials Financing Result: The company was...
