Marco Provides $1.25MM Factoring Facility to The Mobile Repair Team

Marco provided a $1.25 million factoring facility to The Mobile Repair Team, a specialist aviation company that focuses on the structural repairs of corporate aircraft. The financing will enable The Mobile Repair Team to further grow its capacity to support both existing and new customers.

“We were looking for a financing alternative that would allow us to focus on growth and take on new opportunities fast, and Marco ended up being the perfect fit for our company with its factoring solution and tech-enabled processes,” Matthew Laing, CFO at The Mobile Repair Team, said. “We appreciate the team’s dedication to our business and hope to keep growing this alliance”.

“We are glad to help MRT achieve its full potential,” Barry Kastner, executive vice president and senior managing director of business development at Marco, said. “As a fintech company, our goal is to empower businesses by providing them with seamless access to the best financing alternatives and essential resources needed in order to succeed.”