Mitsubishi HC Capital America partnered with 954 Consultants to provide a supply chain financing solution to support the company’s expansion in the commercial and government sectors.
Headquartered in Florida, 954 Consultants provides IT networking, cloud and consulting services for small, middle-market and enterprise companies across the U.S. As a value-added reseller, the company required a funding source that fully understands the unique needs of the industry and could customize a solution not found with other channel finance sources. Mitsubishi HC Capital America’s funding facility focuses on the credit of the end user and includes both channel and accounts receivable financing. The customized solution frees up cash, enabling 954 Consultants to invest in its business, including the ability to provide flexible terms to customers.
“We are proud to work with 954 Consultants and support their continued growth,” Jim Merrill, vice president of technology finance solutions at Mitsubishi HC Capital America, said. “Our program is unique to the industry and will provide access to working capital, from purchase order to collection, without the restrictive requirements often imposed by traditional bank lenders.”
“We really appreciate the end-to-end financing solutions from Mitsubishi HC Capital America,” Win Farnsworth, co-founder of 954 Consultants, said. “The unique structure fully funds our supply chain and enables us to customize terms based on each client’s individual needs. This is the right solution for us, and we look forward to capitalizing on current industry trends as we continue developing new and important relationships with our customers.”
