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.

The Sterling Way - Financing Opportunity
Sterling was approached by the consultant to provide a line of credit to help refinance the company and the initial accounts receivable generated an opening day line of credit balance of $920,000. Sterling is currently working with client to assist with their 2016 growth goals!

Unlike a Bank, all relationships with Sterling Commercial Credit are asset based lines of credit with full dominion of funds flowing daily into the lockbox to minimize the cost of borrowing. The asset based lines of credit allows for weekly borrowing and a 52 week relationship with a Sterling Relationship Manager. Sterling prides itself on a relationship based partnership that allows maximum access to working capital for our growing entrepreneur.

Brian Jenks
Founding Partner/Sales Manager