Project Background
We secured a large government infrastructure contract for our business and needed to fund the upfront costs of materials, staffing, and equipment before receiving our first payment. Banks required extensive documentation and an extended waiting period, which would have caused the company to miss the project deadline.
Appreciate your help Marty!
A trade business needing upfront capital to execute a major government contract.
Objectives
The company needed immediate working capital to start the project and maintain steady cash flow until milestone payments were released by the government.
Key Features Delivered
Speedy Finance approved a Low Doc second mortgage, securing funding against the company director’s property. The funds were released within days, enabling them to start work on the contract without financial strain.
Results
Successfully delivered the project on time, maintaining their strong reputation and securing future government contracts.
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