October 16, 2024
This California-based government subcontractor specializing in metal surface finishing was experiencing rapid growth. Although revenue was on the rise, the company faced losses in the previous year and aimed to reach a break-even point by the end of the current year.
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September 5, 2024
This California-based manufacturing company provides outdoor gear to both Federal government agencies and sizable prime contractors. The company was recently awarded a nine-figure federal contract to be fulfilled over several years. While this contract award will substantially increase its current revenue and previous levels of production, it does create an increasing demand for working capital to support its operations.
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July 19, 2024
This New York-based government contractor was engaged in a multi-year agreement with the U.S. Department of Labor, focusing on education and training support. However, new regulations significantly raised operational costs, resulting in the company’s first-ever historical loss.
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June 25, 2024
Factoring is the purchase of account receivables. A third-party financial business—a factoring company—takes over your unpaid invoices by paying you the amount that’s due, minus one small fee. Factoring can be especially useful for business-to-business (B2B) or business-to-government (B2G) invoices. It is not a loan and factoring companies are not banks or brokers. It frees up money that’s already yours.
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April 22, 2024
Having recently undergone acquisition by a larger corporation, this California-based tech company specializes in developing interactive electronic tech support and crafting tech manuals crucial for supporting business and government operations.
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March 6, 2024
Background Credit facility limit:$4,000,000 General description: Security services, armed and unarmed security guards State of formation: Illinois Customer type: Publicly accessible facilities Issue This Illinois-based security staffing firm provides armed and unarmed security services and was looking to expand its footprint across its portfolio. The company already had an accounts receivable financing company in position […]
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March 5, 2024
Background Credit facility limit:$1,000,000 General description: Outdoor gear including tents, gloves, and accessories State of formation: California Customer type: Department of Defense (DoD) support agency and DoD government contractors Issue This California-based manufacturing company provides outdoor gear to both Federal government agencies and sizable prime contractors. The company was recently awarded a nine-figure federal contract to be fulfilled over […]
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February 15, 2024
Background Credit facility limit:$400,000 General description: Cosmetic and skincare product manufacturing State of formation: Florida Customer type: Major retailers including Walgreens, Costco, and Target Issue This Florida-based cosmetics manufacturing company had the chance to pursue new sales opportunities with two major retail giants. With a focus on cosmetic and skincare products, the company had already established itself as […]
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January 31, 2024
ST. PETERSBURG, Fla (January 31, 2024) – United Capital Funding Group LLC, a Florida-based factoring firm completed 12 transactions totaling $21.25 million in accounts receivable financing in Q4 of 2023. Factoring deals include: “This is a challenging time for small to midsize businesses for a variety of reasons including volatile macroeconomic conditions, increasing cost of […]
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January 12, 2024
Background Credit facility limit:$4,000,000 General description: Government facility support services State of formation: California Customer type: United States Navy Issue This California-based government contractor provides operations and maintenance support for the U.S. Navy and specializes in marine operations, facilities, utilities, and transportation. Our customer has had consistently achieved revenues greater than $60MM and has maintained […]
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