Advantage Business Capital Provided $2,000,000 ABL for Commercial Concrete Manufacturer

Situation

The client is a concrete manufacturer serving Department of Transportation, military, and commercial construction clients across the Southeast. They were in need of an asset-based lender that understood the complexities of the construction industry, including bill-and-hold practices, to support continued growth. The challenge was securing flexible capital from a lender with true industry expertise.

Operator

The client’s operators bring more than 20 years of experience serving a loyal, repeat customer base in the construction market. They have successfully navigated multiple economic cycles and understand the operational and financial demands of infrastructure-focused businesses. Their experience helped clearly align financing needs with growth goals.

Solution

Advantage secured a new asset-based lending facility with improved pricing, a revolving line of credit, and reasonable financial covenants for the client. The structure provided flexibility to manage bill-and-hold practices while supporting future expansion. This solution positioned the company to fund anticipated growth through 2026–2027.