Client: Excavation Company in Massachusetts
Situation: This company took on a project with an out-of-state job site and needed to lease equipment locally. The local equipment company did not have any history with our client and wanted payment upon delivery.
Solution: $93,000 Factoring Facility
Result: CapitalPlus provided the leasing firm with assurance of payment, allowing the leasing company to provide 45-day terms. We quickly funded each monthly invoice and directly paid off the equipment lease.