CLIENT
A Texas mechanical contractor came to Mobilization Funding generating significantly less revenue than our required $2M. But, the owner had a solid story and a clear plan for growth.
So, we made an exception. And just over a year later, the contractor is now tracking around $4.2M in revenue.
CHALLENGE
Supporting rapid growth without overextending the business
As the business won more work, it also took on more upfront project costs. The owner needed a way to support that growing workload without putting too much pressure on the capital they already had.
And as operations expanded, the financial needs began to extend beyond individual projects.
SOLUTION
Project-specific financing that evolved with the business
Over a little more than a year, Mobilization Funding supported the contractor across 11 project-specific facilities. Each one gave the business access to funding aligned with the needs of individual jobs as it continued to scale.
Mobilization Funding also introduced the owner to a local bank partner to begin building a traditional banking relationship for ongoing corporate working-capital needs.
Our partnership strategy will pair that relationship with project-based financing for the significant upfront costs tied to individual jobs.
RESULTS
From under $2M to $4.2M in just over a year
The relationship has helped the contractor:
✓ Develop a broader financing strategy for its next stage of growth
✓ Access financing across 11 project-specific facilities
✓ Take on more work while preserving greater flexibility in the business
✓ Begin building a traditional banking relationship
Financing that grows with the business
As a contractor company scales, the right source of funding can change along with it.
Traditional banking can support ongoing corporate needs, while project-based financing can help cover the significant upfront costs tied to specific jobs.
Together, they can give a growing contractor more flexibility to support the current work and prepare for what comes next.
Learn how Mobilization Funding helps contractors structure financing around the opportunities they’ve already earned.
