RLM Underground
Lee Mudd, owner and president of RLM Underground, a leader in telecom construction, focused the growth of his company on building relationships and earning trust with clients. RLM has a team of experts and state-of-the art equipment in order to deliver value, efficiency, and safety to clients throughout their entire project.
After just two years in business, RLM Underground had crossed the $2M mark and five years in was doing more than $15M. All that growth led to cash flow challenges. Mudd knew he needed a trustworthy finance partner that would allow his company to continue growing.
Time is money
Our cash flow experts walked Mudd through our cash flow model, which clearly shows how the cash moves in and out of a project on a weekly schedule. With contract-based financing and accurate cash flow tracking, Mudd was empowered to make strategic decisions that allowed his company to grow while maintaining the level of excellence in execution that his clients expected.
A competitive advantage
RLM Underground was able to grow into new markets and introduce a unique value proposition to subcontractors
RLM Underground grew 100% over an 18-month period.
With our funding in place, RLM could pay subcontracts weekly, a rarity in the industry.
Mudd says cash flow management allowed for increased revenue and profitability, and safe, responsible growth.
