CapFlow Funding Group® has provided a $300,000 factoring facility to a fast-growing engineering services company in California. The facility will support the company’s expansion and underscores CapFlow’s mission. They aim to help businesses overcome cash flow challenges and scale with confidence.
“CapFlow is dedicated to providing fast, flexible funding. This approach allows companies to focus on innovation instead of waiting on payments,” said Andrew Coon, CEO of CapFlow Funding Group®.
Engineering services firms often face long project timelines and significant upfront costs. Moreover, they deal with extended payment cycles. Factoring converts invoices into immediate working capital, enabling these companies to cover payroll. They can also invest in technology and take on larger projects without delay.
“Factoring helps service companies grow without the stress of slow payments holding them back,” added Joseph Spiegel, Sales Manager at CapFlow Funding Group®.
CapFlow Funding Group® is a U.S.-based commercial finance company. It helps small and mid-sized businesses overcome cash flow challenges through flexible working capital solutions. Founded in 2009, CapFlow has provided over $1 billion in funding nationwide. They specialize in invoice factoring, factoring lines of credit, micro-factoring, purchase order financing, and revenue-based finance. Known for its fast turnaround and consultative approach, CapFlow tailors each solution to fit a client’s unique needs. This enables companies to cover expenses, seize growth opportunities, and scale with confidence.
If your engineering service company is expanding but cash flow is slowing you down, visit capflowfunding.com to explore flexible factoring solutions tailored to your industry.