Culain Capital Funding provided a $3,500,000 accounts receivable factoring facility for a mechanical services company based in Houston, TX.  

Specializing in HVAC, refrigeration, electrical and plumbing services, the client is a relatively new company, yet it already counts among its customers some major retailers.  Of course, meeting the needs of these high profile and high-volume customers requires a significant commitment of resources, and the client had an immediate need for funding to ensure the seamless delivery of its services.  The client’s primary focus was on its largest customer, a large convenience store chain with locations around the globe.

In pursuit of this funding, the client had been in contact with a number of lenders, but the deal was a complex one, which required a level of creativity, teamwork and responsiveness that most lenders were either unable or unwilling to deliver.

The team at Culain Capital rose to the challenge.  Inspired by the client’s commitment to superior service to its customers, Culain matched that commitment by delivering superior service to the client.  In fact, to get the deal across the finish line quickly, Culain’s COO Jim Jarosz jumped on a plane to Houston to meet with the client and put all the pieces in place.   

“We provide our clients with funding, but at the end of the day we’re not in the money business, we’re in the service business,” Jarosz said.  “That means we need to take great care of our clients and do whatever we can to meet their needs.  In the factoring space, it also means we need to take great care of our client’s customers.  At Culain we are keenly aware of the importance of those relationships.”
   
“I believe that mindset was critical in making this deal a reality for our client,” Jarosz said.


culaincapital.com