Capital Now completed two transactions totaling $200,000.
The first $100,000 credit facility was provided for an Alberta consulting company.
The company was dealing with cash flow concerns. It had recently revived the company after several years with low volume. The company has work again but it was unable to take on extra jobs due to cash flow issues. Capital Now assisted with funding to get it rolling again.
The second $100,000 credit facility went to a Calgary construction company.
Capital Now was able to alleviate cashflow concerns at a busy construction company, enabling the firm continue its momentum.
