Catalyst Business Funding provided a $1.9 million working capital facility to an asphalt shingle extraction & processing company. Borrower has the ability to convert discarded asphalt roofing shingles into sustainable energy sources and other products. They recently purchased a refinery to have the opportunity to be fully vertically integrated. They used seller financing and USDA to purchase the refinery and came to us to secure a $1.9 million working capital loan to cover their operating expenses.

They are projected to do $100 million in top and $8 million in net revenue in 2024. Catalyst Business Funding can provide subordinate financing behind your existing senior debt based on your company’s revenue. Contact us to discuss your financing needs and learn how we can help you.