Blog

1stSeptember, 2017

Fiber Optic Cable Installer Finds Fast Funding at Commonwealth Capital

By |September 1st, 2017|Deal|

One of our newest clients was in a rush – they called us Tuesday morning and needed funding by Thursday for payroll. The Client does fiber optic installations for local telecoms and prime telecom contractors. The Client’s business had almost doubled this year which caused a cash crunch. Because the business was young and growing […]

1stJune, 2017

Food Processing Company finds Simple, Straightforward Invoice Factoring with Commonwealth Capital

By |June 1st, 2017|Deal|

One of our newest relationships is with a growing food processing company. The Company has been providing independent shops and diners for years, but always sold on cash-on-delivery terms. The Company was in a period of rapid growth and pursuing additional sales channels. Through those efforts, the Company was provided with the opportunity to start […]

1stApril, 2017

Industrial Parts Manufacturer Ends Cash Flow Grind with Invoice Factoring from Commonwealth Capital

By |April 1st, 2017|Deal|

We recently provided a $200,000 invoice factoring facility to a 30-year-old manufacturer of industrial machine parts in the Midwest. The Company had many customers in the oil and gas industry. As oil prices declined, the Company’s financial situation worsened and its lender would not renew the line of credit. Strapped for cash, the company took […]

27thOctober, 2016

Commonwealth Capital Provides a Gap Financing – Factoring Line to a 92 Year Old, MN Based Contractor.

By |October 27th, 2016|Deal|

The Situation:
Rainville-Carlson, a fourth-generation company, is a leading contractor in industrial and commercial roofing, sheet metal, and custom metal fabrication throughout the Twin Cities metropolitan area.

Despite many highs and lows throughout the past 92 years, Rainville-Carlson was experiencing a strong market with abundant opportunity. The company began winning more bids than they had in previous […]

1stSeptember, 2016

Startup Fiber Optic Installer Finds Growth Funding at Commonwealth Capital

By |September 1st, 2016|Deal|

We recently started a new relationship with a company that does “last mile” fiber optic installation for large internet service providers. The Company was newly formed and had contracts to provide installation of fiber optic modems to commercial properties but had to wait 45-60 days to get paid from its customers.

 

The Company would struggle to […]

10thAugust, 2016

Minnesota Medical Company Keeps Cash Flowing with Factoring from Commonwealth Capital

By |August 10th, 2016|Deal|

The Situation:
This young Minnesota-based medical device company had created a superior ‘chest seal’ product used to manage penetrating wounds to the torso. These types of wounds damage the lungs and allow air to escape, which becomes trapped in the chest cavity and causes the lungs and heart to collapse. Death is imminent.

The company’s ‘thoracic seal’ […]

1stMay, 2016

Startup Staffing Agency Finds Simple, Straightforward Payroll Funding at Commonwealth Capital

By |May 1st, 2016|Deal|

We were recently contacted by a new staffing agency in the Midwest looking for payroll funding. This veteran-owned company was started after the owner had been working for years as at other temporary staffing agencies and wanted to start her own business. The Company had customers lined up and people to fill the open positions, […]