Comparison of Two Programs

Recently Funded Plumbing & HVAC Contractor

Plumbing & HVAC Contractor

Recently funded plumbing & HVAC contractor in Southeastern MA with a term loan

Use of Proceeds: Refinance of MCA debt

Industry: Plumbing & HVAC

Loan Type: Term

Without proper financial reports during periods of high sales growth, the business struggled to fund its rapid growth and turned to an MCA loan to replenish working capital. MGCC provided the term loan to refinance the borrower's debt, which improved its working capital position and saved the business $20,000 per month.


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