Concrete manufacturer and contractor

$7,000,000

Catalyst Business Funding provided a $7 million credit facility for a concrete manufacturer and contractor in the South Central region. Borrower had an annual revenue of $550 million and $35 million revolving line of credit secured by their account receivable with the primary bank. They needed additional funding to meet the demand for their new contracts. Catalyst Business Funding was able to offer them $7 million behind their senior debt. Proceeds of the loan were used for purchase of more material, hiring more labor, and to cover the upfront costs of the new projects.

Catalyst Business Funding is able to provide subordinate funding solutions based on revenue and cash flow. Contact us to discuss your financing needs and learn how we can help you.