Alantes Corporate Finance arranged a $15 million secured, non-notification accounts receivable revolving line of credit for Whiteley Infrastructure Group (WIG). The new facility provided the company with significantly enhanced working capital capacity, enabling greater financial flexibility, improved liquidity and the ability to capitalize on expanding project opportunities.
As WIG continued its rapid expansion, the company required a financing structure that could support growing contract volume and longer receivable cycles associated with major infrastructure projects. Existing financing arrangements had become restrictive and lacked the flexibility necessary to manage day-to-day liquidity needs effectively. Leadership sought a partner capable of understanding the complexities of their operations and structuring a scalable solution to fuel continued growth.
“Alantes was an outstanding partner from start to finish,” Jason Whiteley, CEO of WIG, said. “They brought deep financial expertise and a clear understanding of our operational needs. Their ability to structure a flexible credit facility gave our company the resources and confidence to continue expanding responsibly while maintaining our focus on performance, safety and innovation. We’re looking forward to working with them again in order to secure additional capital in the very near future. Our team has full faith in their competency and their ability to deliver financing at extremely competitive rates and a high certainty of close.”
With this new capital structure in place, WIG is strategically positioned to strengthen its financial foundation, pursue new opportunities and continue delivering results across its growing national footprint.
