$ 500,000|Income Financing |Virginia
- Client: Virginia based trucking company.
- Situation: This 7 year old company was growing quickly and needed its first line of credit to support its growth.
- Need: The new government contract that they received required greater resources and equipment.
- Solution: By providing this $500,000 line against receivables , client used the available cash to hire additional drivers and purchase two trucks to meet the contract’s demands.