Falcon Ridge Development
$400K to keep a construction backlog moving while payments catch up
Falcon Ridge had a full backlog and payments on finished work still on the way. Cash Flow Financing bridged the gap, so suppliers stayed paid and the next jobs kept moving.
The Client
Falcon Ridge Development is a Florida commercial construction company with about five years in business, specializing in ground-up construction, land clearing, and underground utilities. Demand is strong enough that saying yes to everything could keep the crew backlogged for years, so the owner chooses his work carefully to keep quality high.
The Situation
Falcon Ridge had multiple projects and contracts running at once, with about $10M in annual revenue and growth toward $12M to $15M in view. Costs hit up front, payment on finished work followed later, and the next jobs couldn’t wait.
The Challenge
Material and labor had to be paid before the payments came in, and the owner couldn’t buy more material until his suppliers were paid. The deal also sat outside senior lenders’ guidelines. A partner from the banking world brought it to National for one reason: speed.
Falcon Ridge connected with Matthew, a Finance Business Advisor, and Andrea, a Partner Relationship Manager, who structured $400K of Cash Flow Financing around the receivables the company was waiting on, built to:
- Unlock the cash tied up in completed work
- Keep suppliers paid so materials kept flowing
- Mobilize backlog work without waiting on collections
National looked at the business behind the paperwork: steady work, strong demand, and receivables on the way.
Built around that cash flow, the financing moved at the speed the jobs required.
Why National Business Capital
The partner who brought this deal knew National could move fast, and trusted our team to do the right thing by the client. When the jobs are waiting, timing matters, and our team moved at that pace.
Today, suppliers stay in good standing and the next job starts on time, while the owner keeps taking on only the work he can deliver at top quality.
$1M to buy a competitor’s zone, projected to take a waste management company to $50M
Read storyIn a similar position? Let’s talk.
Waiting on payments while the work keeps coming? Let’s talk about bridging the gap.
Apply Now
