Sub-Contractor Uses Invoice Factoring from Gateway Commercial Finance to Fund University Housing Project

FOR IMMEDIATE RELEASE
Boynton Beach, Florida, United States of America (Free-Press-Release.com) September 6, 2011 --

When Sullivan’s Electrical Services, a sub contracting company, won a bid on a large university housing project, they were excited about the possibility of an 18 month plus project. But after preparing diligently and finally winning the bid, they realized they did not have the cash necessary to fund the upfront costs associated such a large project. After meeting with his banker, owner Ted Sullivan was referred to Gateway Commercial Finance, a company that provides invoice factoring services. “When my bank said they would not be able to provide me with the credit line I needed, I worried I would have to give up the bid on this project and sacrifice all of the hard work and energy I had put in over the last several months. Fortunately, invoice factoring was the perfect option that allowed me to access capital quickly and start buying the supplies I needed to get the job done.” said Sullivan.

“Many companies are placed in situations like Mr. Sullivan’s…” said Marc Marin, Managing Director of Gateway Commercial Finance. “They have projects that are potentially very lucrative, but do not have the capital available that they need up front in order to get the ball rolling. We at Gateway are able to provide clients like Mr. Sullivan with an invoice factoring credit line as well as a suite of credit tools and receivables management in order to ensure that they will be successful in their business ventures.”

“Gateway did so much more than simply provide us the credit we needed. They were always friendly, answered my questions quickly, and reduced a lot of the stress associated with funding such a large scale project.” added Sullivan.

Gateway Commercial Finance (gatewaycfs.com) offers timely and accessible funding solutions to a wide variety of industries where traditional financing is unavailable. Their services allow companies the potential to enhance cash flow, shed credit risk, and seize new sales opportunities.

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