Catalyst Business Funding provided $1.7 million in working capital for a construction and contractor company. The company needed this working capital to cover the upfront cost of their new and ongoing projects. Construction and contractor companies usually receive a small amount of the total cost of the project upfront and the rest as Work In Progress “WIP”. Our business working capital facility enabled the company to hire more labor and purchase the material needed to complete their multiple projects.
Annual gross: $18,000,000
Monthly revenue: $1,500,000
Catalyst Business Funding provided working capital and equipment financing options to lower and middle market companies nationwide. Contact us to discuss your financing needs and learn how we can help you.