Friday, March 18, 2011
Testing, 1-2-3
Most of us take our automobiles for granted. They get us from point A to point B with, hopefully, little or no trouble. We never stop to think about all the various parts that make up our autos. One struggling company in the south does.
If it’s on a car or truck it has the potential to break at some point in time. Our client, Bob, runs an automotive testing service. He knows just about each and every model of the vehicles on the road today and tests them one at a time for the various manufacturers. From tires to light bulbs, Bob’s seen and done it all.
(Because of the private nature of our industry and work, we are not using our client’s real name to protect him)
Bob had a huge opportunity to work with one of the U.S.'s largest automotive manufacturers. But because he was still too new of a company for a traditional bank loan, he was unable to secure the financing to engage this large client and grow his business.
American Receivable was able to step in once Bob was awarded the contract and not only provided them the factoring they needed, but helped him establish a solid payment history with his vendors by making timely payments. With our help, Bob was able to expand his testing service to several areas of the U.S. and has become one of the “go to” companies for most of the new and aftermarket automotive equipment manufacturers.
So, the next time you get in you car or truck, look closely and know that Bob has done his job.
For more information, contact American Receivable at 972-404-4726.
The American Receivable Team
www.americanreceivable.com
(Because of the private nature of our industry and work, we are not using our client’s real name to protect him)
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