Date Funded: Jan 15, 2019
Facility Amount: $150,000 Direct Loan
The Company: The company specializing in systems, alarms management and contract manufacturing selling primarily to municipal and Federal government agencies.
The Issue: When the government shutdown occurred, the company experienced an abrupt impact as their invoice payments were put on hold. These were monies the company relied upon to operate their business and make payroll.
The Solution: Where many traditional and non-traditional lenders alike were unable to finance these types of invoices, AllCap Participation Fund was able to provide instant funding to the business.
The Win: Within 48 hours, the company was able to get the working capital they needed to continue operations seamlessly while the government shutdown continued.