A well-established construction material supplier was incurring significant losses. Their banker couldn’t renew their line of credit, so they referred them to Catalyst.
- Banker Resources
- Factoring Resources
- Success Stories
Because of how quickly a staffing company was growing, they had to turn to MCA loans to make payroll. When their banker saw the debt the staffing company was in, they referred them to Catalyst.
We helped this oilfield torque and test company grow through an increased line of credit and equipment financing.
Monthly minimums, termination fees, cancellation fees and admin fees. Unlike many of our competitors, you’ll never see these often hidden rates charged by Catalyst. Learn what these charges mean and why you should avoid them.
Alexis Group Logistics, a trucking company located in Baton Rouge, Louisiana, needed to improve cash flow in order to pay drivers and purchase equipment needed to keep their business running.
A business’s communications with its customers, particularly around finances and payment, is essential to the business relationship. So naturally, one of the first questions a business new to factoring often wants to know is how we will work with their customers, known to us as account debtors.
An IT Staffing company that specializes in providing very skilled programmers to large consulting firms had outgrown their bank line of credit. Due to the lack of working capital, the company was unable to pay the bank back and they also could not meet their payroll tax obligations.
A young fabrication company hit a rough-spot when the oil and gas market began to decline in 2015. They maxed out their line of credit with the bank and were upside-down in their payments. Their primary collateral for a line of credit was their A/R. The borrower needed more working capital, but the bank couldn’t extend them anymore.
We’ve found if the bank detects certain trends early on, a partner like Catalyst could be the answer to help both bank and borrower.
“Catalyst acted quickly and professionally. They worked with me and the customer to get them back to work.”
Beyond just looking at receivables, we looked at the company’s ownership, opportunities, and vision. Even though this particular company was experiencing a temporary loss in profit, the potential for growth was evident to our team.
This company was established because of the increased demand for welding and fabrication to service the fracking fleets in West Texas for the oil & gas industry. Catalyst helped fund their explosive growth.
We all love a good Shark Tank episode, but did you know there are other ways to finance your business that don’t make you give up equity? We outline several options to consider.