Client: A commercial drywall and metal framing contractor based in Florida
Situation: The company was working on a state project which had paid-when-paid language in the contract. They had to wait up to 60 days to receive payment, which meant they were unable to meet vendor payments on time.
Solution: $250,000 Factoring Facility
Result: The company now has the working capital they need to pay vendors on time and keep projects on schedule.