Al Alexander ander Pe Perry, Inc. nc. Background: In May 2015, - - PowerPoint PPT Presentation

Al Alexander ander Pe Perry, Inc. nc.

Background:

• In May 2015, Capstone met with a successful MWBE owned construction

management and design build firm located in Philadelphia, PA

• Clients: Comcast, Philadelphia Chamber of Commerce, Philadelphia School District,

and Marriott

• Total funding to date: $550,000

Company Challenges:

• Client was successfully bidding and winning large contracts for construction

management and interior design services but could not afford to finance with their existing cash flow

• Client also sought to expand their services regionally and internationally

Capstone | 2016 | 13

FACTORING

Al Alexander ander Pe Perry, Inc. nc.

Capstone’s Solution:

• Provided a two year $30 million Master Factoring Facility to provide working capital

required for supporting a larger volume of contracts

• Provided letters of financial support to supplement the client’s bid during the

bidding process

Progress and Future Outlook:

• Awarded an additional two year contract extension with their main client and is now

in the process of adding additional personnel on the project

• Anticipates being awarded an additional $7 million in new contracts with their main

customer

• Client has been able to bid on much larger contracts including Amtrak’s façade

construction management project at the Philadelphia train station (approx. $10 million project) and the Temple University Library (appr

• approx. $7

$7 million llion pr project)

• ject)

Capstone | 2016 | 14

FACTORING

Met Metro Er Erect ectors, In Inc. c.

Background:

• Locally owned and operated full fabrication and erection service company of

structural steel and is NYC’s largest plank erector

• Projects consist of large residential and commercial buildings located throughout

New York City

• Clients: Two major plank manufacturers on the East Coast
• Since August 2015, the company has factored over 120 invoices ranging from $8,000

to $90,000

• Total funding has been $3.5 million

Company Challenges:

• Growth significantly outpaced cash flow and because of this the client was forced

to turn down work from its two main customers

• The company struggled to make payroll and timely payments to vendors

Capstone | 2016 | 15

FACTORING

Met Metro Er Erect ectors, In Inc. c.

Capstone’s Solution:

• Provided a Single Invoice Factoring Facility to inject the working capital required for

supporting a larger volume of contracts

• Increased customer credit line by over 100% within 6 months of the relationship

Progress and Future Outlook:

• Cash flow constraints have been drastically eased and now the client can focus on

taking on a higher volume of projects for its customers

• Business volume has tripled since the client started factoring

Capstone | 2016 | 16

FACTORING

En Enterprise rprise Consul Consulting ng Ser Services, ices, In Inc. c.

Background:

• Incorporated in 2004, ECS offers software development, IT Solutions and Staffing to

a number of clients in the USA

• Factored Sales for the period ending 12/31/15 were $2,425,992.49. Sales for fiscal

2016 are projected to increase to $2.6M

Company Challenges:

• To meet payroll requirements.
• Increase revenue

Capstone | 2016 | 17

FACTORING

En Enterprise rprise Consul Consulting ng Ser Services, ices, In Inc. c.

Capstone’s Solution:

• On February 25, 2015 Capstone provided a 2 year Factoring Facility so the

company could meet its payroll requirements and increase sales

Progress and Future Outlook:

• Job performed was a great success for both the owner and Capstone

leading to repeat business

• The company is confident it can bid on larger jobs even those it does not

have capital for

• Capstone looks forward to assisting the company in the future and fueling

their growth

Capstone | 2016 | 18

FACTORING