The Hedaya Capital Group recently provided a $2.5 million factoring facility to a Maryland-based energy service company working to improve energy efficiency for industrial buildings, warehouses and offices as well as retail, hospitality and healthcare environments. The company’s founder, who previously worked with David Huber, now Hedaya Capital Group’s vice president, portfolio and operations manager, reached out to explore options.
Huber and his team conducted due diligence quickly and structured a $2.5 million factoring facility to support the company’s continued growth and provide it with a go-forward lending solution.
“Based on their historical successes and a strong owner partnership, this well-established company has a robust path forward with our additional lending support,” Huber said. “I am excited to see them grow and create safer, more efficient workspaces.”
The new facility will enable the company to hire additional crews, service a greater number of projects and work with additional utility companies.
