A New Jersey based GIS data and technology provider secured a major contract requiring significant upfront material purchases. However, their available capital was tied up in ongoing projects, creating a funding gap that threatened timely delivery.
INNOCAP provided $300,000 in Revenue Based Financing funding within 24 hours, offering longer repayment terms to match the project timeline. This approach preserved working capital while ensuring the company could meet its contract obligations.
The company successfully delivered the project on time, maintained strong client satisfaction, and retained the ability to pursue additional contracts without financial strain.