Client: A security equipment installer headquartered in Indiana
Situation: This subcontractor had won a contract to install a security fence around a correctional facility in Oklahoma, but payment terms were 90 days. The cash flow gap left them unable to hire additional staff, which meant they could only work on one project at a time and they had to turned down several opportunities.
Solution: $100,000 Construction Factoring Facility
Result: The company was able to staff up and take on multiple larger projects simultaneously.