Quickpay Funding established a $1 million accounts receivable factoring facility for a mechanical services company specializing in the maintenance and optimization of complex manufacturing machinery. The facility delivers critical working capital to support the company’s specialized technical operations and growing service reach.
As demand for its technical services increased, the business required a dependable financing partner to maintain consistent cash flow while continuing to scale its operations.
Prior to partnering with Quickpay, the company experienced ongoing challenges with its previous factoring provider, including delayed responses and funding timelines that often stretched up to a week after invoices were submitted. These delays created strain on the company’s cash flow and limited its ability to operate efficiently.
Quickpay responded immediately and structured a flexible invoice factoring facility designed to provide faster funding, clear communication and more responsive client support. With reliable access to working capital now in place, the company can focus on servicing customers, supporting additional projects and continuing its growth across North America without the constraints of slow-paying invoices or unresponsive service.
“Companies that support manufacturing operations rely on strong financial partners to keep their businesses running smoothly,” Juan Estrada, president and CEO of Quickpay Funding, said. “We’re proud to provide the speed, communication and flexibility our clients need so they can stay focused on delivering critical services to their customers.”
