CASE STUDY: Industrial Services

THE DEAL

SIZE: $1 Million
LOCATION: Alberta
SECTOR: Industrial Services
LOAN TYPE: Line of Credit

THE REAL WIN FOR DWA.

Provided a working capital solution allowing the company to execute on a robust business pipeline.

THE CHALLENGES.

• Negative historical EBITDA

• Cyclical industry exposure

• Project based work so forecasting is a challenge

RISK MITIGANTS.

• EBITDA was recovering and turning positive

• Blue chip customers with little counterparty credit risk

• Strong industry fundamentals

OUTCOME.

• Highly competitive process among numerous factoring groups

• Solution provided greater working capital than originally requested

• Forced existing capital provider to provide a better solution and structure