Client: Electrical contractor based in Southern California
Situation: This contractor had been awarded several new bids but had outgrown their relationship with their current working capital lender. They needed funding to be able to work on the new projects and fund their sustained growth.
Solution: $250,000 Construction Factoring Facility
Result: CapitalPlus worked with their current lender to manage a smooth transition and provided the additional working capital the company needed to continue to grow.