Super G Funding has provided a $750,000 second lien loan to a provider of nationwide parcel logistics services (transportation) and parcel shipping & management software. The company’s services and software help customers manage and control their business, drastically improve delivery and lower transportation and postage cost.

The company's software side of the business won a new large contract and needed upfront working capital to support the implementation costs associated with the contract. Factoring was not an option for the company due to the milestone nature of the billing.

Super G was able to quickly get comfortable with the software business, the new contract structure, and management team to close a $750,000 loan to solve the Company’s working capital needs. Super G worked closely with the company’s existing factor, Eagle Business Credit, to finalize an intercreditor agreement and fund the company in 2 weeks.