A construction company facing rising debt payments and overdue bills needed a smarter financing option. Their goal was to consolidate existing obligations at a lower cost, free up cash flow, and secure the capital needed to keep operations moving. When other lenders hesitated, they turned to Fora Financial for a solution.
Vision
The company’s vision was to reduce the cost of their current financing while gaining access to working capital that would allow them to catch up on bills and purchase materials for upcoming projects—laying the groundwork for stronger profitability and continued growth.
Opportunity
By replacing their existing financing with a lower-cost option, the company aimed to reduce monthly debt obligations, improve cash flow, and reinvest in business operations. This strategic move would enable them to pay overdue bills and prepare for new revenue-driving projects.
Challenge
High-Cost Debt
Existing loan terms limited flexibility and strained cash flow.
Overdue Expenses
The business needed funds to pay off pressing bills.
Limited Options
Other financiers were unwilling to step in with a more favorable solution.
How Fora Financial Helped
Fora Financial provided $100,000 in funding, strategically structured to first pay off the company’s higher-cost debt. This freed up cash flow, while still allowing the business to retain $50,000 in working capital. With a more manageable payment structure and additional capital, the business stabilized its finances and positioned itself for future growth.
Results
Lower Monthly Payments
The company reduced its financing costs, improving monthly cash flow.
Overdue Bills Paid
Immediate financial pressure was alleviated.
Prepared for Growth
With remaining capital, the company was able to purchase materials and kickstart new projects.
Conclusion
By partnering with Fora Financial, the construction company gained the financial flexibility it needed. With smarter financing, overdue obligations were handled, and growth initiatives could resume without delay.
Why Fora Financial
The decision to collaborate with Fora Financial was influenced by:
-
First Position Funding
Fora stepped in to pay off their existing lender when no one else would.
-
Lower Cost of Capital
Fora offered better terms, reducing overall expenses.
-
Strategic Support
The structure provided both debt consolidation and working capital — exactly what the business needed.