Medical staffing company

$1,200,000

Catalyst Business Funding provided $1.2 million to a medical staffing company in the Pacific Northwest region. The company was able to secure a new contract to cover additional 80 beds and needed $1 million to bridge the gap between their account receivables and the upfront operating cost of the new contract. They were pre approved by the SBA for $2 million but had to cover the payables immediately. Catalyst Business Funding was able to fund the company in 4 days. The company paid off the loan in 4 months once their SBA loan was fully approved and funded.

Prior to coming to us, the company was averaging $500,000 per month and now only after 7 months they are generating $800,000 monthly with 25% net margins. Catalyst Business Funding provides growth capital to lower and middle companies without taking any equity in exchange. Contact us to discuss your business financing needs and learn how we can help you.