Catalyst Business Funding provided a $4 million working capital credit facility to a commercial contractor and construction company in Southern California. Borrower had an annual revenue of $120 million and net revenue of $12 million. They needed a quick working capital solution to purchase bulk material at a discount and also cover their general working capital needs including other project costs and payroll.
Owner of the company was happy with the way Catalyst structured the funding solution. He did not want to go through the lengthy bank underwriting process and was looking for a quick and flexible solution.
Catalyst Business Funding is able to provide senior or subordinate funding solutions based on revenue and cash flow. Contact us to discuss your financing needs and learn how we can help you.