$195K in equipment ahead of three new contracts starting the same week
A landscaping company won three new commercial contracts starting the same week, more than its fleet could service. Here's how a $195,000 advance, funded in 6 days, got trucks and equipment outfitted in time for all three.
1. The Situation
Three new commercial contracts all started the same week, more volume than the existing fleet could service.
Trucks, mowers, and attachments needed to be purchased and outfitted before the contract start dates, and a bank equipment loan's underwriting timeline didn't align with the contract calendar.
2. The Funding
Outcome99 structured a $195,000 merchant cash advance at a 1.30 factor rate over a 10-month term, repaid via weekly remittance (~$5,853/week) against total repayment of $253,500.
3. The Result
The advance funded in 6 days, getting the fleet outfitted in time for all three contract start dates.
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