Calgary-based Capital Now provided a $100,000 line of credit based on invoices to Calibrated Welding, a general contractor.
Calibrated Welding initially sought financing with a large multi-national lender when a large outstanding invoice was not paid on time. Not able to finance Calibrated in a timely manner, the competitor referred the owner to Capital Now to secure funding.
The owner found Capital Now’s application process quick and was able to secure a $100,000 line of credit based on invoices.
