Capital Now Provides $150K Credit Facility to Rental Company

Capital Now provided a $150,000 credit facility to a heating unit rental company in Red Deer, AB.

Rental companies provide flexibility to the businesses that use them, but their services are subject to booms and busts, so if demand can't be met when it is needed most, these firms can quickly lose business to larger competitors. This can make them undesirable to banks and other factors that are more comfortable with clients that consistently need accounts receivable factoring services.