A tutoring company located in Arizona offers one-on-one tutoring to eliminate distractions common in group settings. As student volume increased, they needed working capital to hire additional teachers. Since they were a previous client, they knew they could turn to Millennium for a new $50,000 Accounts Receivable Funding facility to help more children succeed.
A service provider for the Securities and Exchange Commission industry based in Georgia was working with another finance company but did not like their aggressive collection tactics. A broker referred the provider to Millennium, knowing we would treat the service provider’s customers well. We provided a $50,000 Accounts Receivable Funding facility and made the transition to a new funding source easy.
A healthcare consulting firm based in New Jersey that provides experienced IT resources to healthcare organizations was obtaining financing through Merchant Cash Advance firms. But they were quickly becoming too expensive. They turned to Millennium for an affordable solution that would still provide flexible, convenient working capital. We provided a $75,000 Accounts Receivable Funding facility at great rates for future growth, setting them up for long-term success.
The new buyer of this Wyoming-based engineering company needed working capital to help with the purchase of the company and for future growth plans. A broker referred the company to Millennium with a strong positive recommendation. Using our deep industry knowledge and business expertise, we quickly structured a $50,000 Accounts Receivable Funding facility to facilitate the sale of the business and stand ready to support future acquisitions.
This IT software support company based in Florida had been working with another funder who couldn’t keep pace with their growth. They switched to Millennium and we significantly increased their credit line, providing a $2,000,000 Accounts Receivable Funding facility and access to steady cash flow. Because we’re designed to grow with our customers, they can now purchase inventory, fund operating expenses, and scale up their business without limitations.