CFP Provides $350,000 Progress Funding for Small Construction Company
A small east-coast construction company was in search of funding for a large concrete-pumping truck. Commercial Funding Partners (CFP) was able to give progress funding of $350,000 on a $750,000 truck.
“The company had special conditions that CFP needed to meet,” said Buddy Zarbock, VP of CFP. “We were able to overcome the obstacles and everything is working very well for both of us.”
With the progress funding from CFP, the concrete-pumping truck represents a positive cash flow of $10,000 a month.