Client: Ohio-based General Contractor / MEP
Situation: This Mechanical, Electrical and Plumbing contractor was in a tight spot when their bank would not expand their line of credit to meet their rapid growth.
Solution: $5,200,000 Initial Funding of a $9,000,000 Factoring Facility
Result: Because CapitalPlus is geared to scale with our clients, we were able to provide funding that helped them address aging Accounts Payable and fund their growing backlog.