by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A security equipment installer headquartered in IndianaSituation: This subcontractor had won a contract to install a security fence around a correctional facility in Oklahoma, but payment terms were 90 days. The cash flow gap left them unable to hire...
by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A directional drilling contractor headquartered in OklahomaSituation: The company was working on a project in New Mexico and needed cash flow to meet payroll. But due to progress billing their current factoring company could not fund their invoice.Solution:...
by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A civil engineering contractor based in TexasSituation: Several projects were put on hold due to the COVID-19 construction shutdown. When business reopened, all of the stalled projects restarted at the same time, leaving the firm in a cash flow...
by Brent Chambers | Nov 8, 2020 | Success Stories
Client: A millwork and cabinetry company in Miami, FloridaSituation: The company needed additional working capital to purchase materials.Solution: $200,000 Construction Factoring Facility over two projectsResult: The craftsmen had the materials they needed to take on...
by Brent Chambers | Oct 8, 2020 | Success Stories
Client: A masonry and concrete subcontractor in Atlanta, GASituation: This company had been factoring with another firm which recently made a strategic decision not to work in the construction industry. That left the subcontractor without the needed cash flow to pay...
by Brent Chambers | Oct 8, 2020 | Success Stories
Client: A full service electric and utility provider for the power industry in LouisianaSituation: In responding to emergencies and power grid disruption after Hurricane Laura, the company needed to add 100 crews to meet demand but needed working capital to pay union...
