Situation:

A telecommunications company that provides business data continuity solutions, including data storage and recovery consulting, had experienced significant growth and needed additional capital to support their long-term growth strategy. Additionally, the company had to provide a significant down payment to a vendor to secure a large amount of equipment at very favorable pricing.

Solution:

Forest Capital was able to provide a $500,000 accounts receivable facility allowing the company to make the down payment on the equipment purchase and have the capital it needed it grow.

Results:

The company was able to meet the demand for its product and continue to grow their business.