Client: A concrete contractor in Texas
Situation: This firm won several contracts from Dollar General for new store builds which would require them to double their payroll. Before taking on the projects, they wanted to ensure they had adequate working capital in place.
Solution: $100,000 initial funding of a $400,000 Construction Factoring Facility
Result: The company was able to accept the contracts knowing they would still be able to meet their weekly payroll and monthly vendor payments.