THE SITUATION
When a large staffing company needed funding in less than a week, Summit came through. This company provides translators and other services for the U.S. Government overseas. Their quarterly bonuses were due, but the company’s funding source was unable to provide the capital in time.
THE SOLUTION
Summit was able to evaluate and underwrite this deal very quickly — providing an initial infusion of $1,000,000 in six days — a full day before funds were needed for bonus payouts.
THE BENEFIT
Summit’s financing ensured this firm’s employees were rewarded for their efforts and commitment and enabled this company to continue its projected growth and expansion plans.