Quotient Industrial Capital Provides $1.5MM A/R Facility to Construction Company

Quotient Industrial Capital provided a $1.5 million accounts receivable credit facility to a construction company specializing in floor and wall preparation for a chain of health and fitness centers.

The facility will enhance the client's cash flow, enabling it to keep up with its customer's expansion plans for club openings. The client will use the funding proceeds of the facility to support its continued growth across its core business, mostly focusing on enhancing its supply chain and hiring.