Environmental Clean Up - July 2016

Brian Jenks

Location: Denver, Colorado
Industry: Environmental Clean Up
Revenue: $800K per month
Line of Credit: $1,500,000 Ledger Line of Credit
Collateral: All Asset Borrowing Base

The American Dream
The company is environmental services company that specializes in emergency response, environmental abatement, and industrial vacuum services. They have a proven track record and reputation in environmental remediation projects, highway, railroad and industrial incidents, and emergency response situations.

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Manufacturing Equipment Sales & Service - July 2016

Terry Wilson

Location: Michigan
Industry: Manufacturing Equipment Sales & Service
Revenue: $14 Million per year
Line of Credit: $2,000,000 Revolving Line of Credit
Collateral: Accounts Receivable

The American Dream
The company was rapidly expanding and had outgrown its current lender. They needed flexibility in managing their cash flow while awaiting proceeds from very large receivables. The financing provided them the opportunity to continue to expand while not encumbering other assets needed for additional funding.

Terry Wilson
Vice President/Business Development Officer