An industrial services company worked hard to develop their reputation for solving problems on time, and within budget. So when one of their key customers embarked on a large project, they were approached to be the sole service supplier. Their challenge? Sufficient working capital to facilitate what could be an immediate 50 – 75% increase in revenue.
Roynat recognized the opportunity inherent in future prospects and created a solution to provide the additional liquidity needed to take the company's growth to the next level. Repayment was matched to the life of the contract. The financing was complementary to the company's operating line, and recognized the operating lender's security over the current assets.