New Client-Courtney Moore
Congratulations to Courtney Moore out of our California office for closing a new deal!
Industry: Industrial Staffing
Problem: The owners of this staffing company provide forklift operators and assemblers to large warehouse facilities all down the East coast. The owners have worked in the staffing industry for a number of years and decided to branch out and start their own company. They were able to secure many large contracts with established businesses, but these businesses wanted 30-day terms. In order to gain these contracts, the company would need continuous cash flow to fund its payroll.
Solution: A/R Funding was able to step in to help provide continuous cash flow so that the company could pay their employees while they wait to be paid by their customers. Through our simple process, we were able to offer a $300,000 facility that would turn those 30-day invoices into ready cash to allow our clients to grow their business.
We look forward to working with this client to help them reach their goals!