$2MM ABL Facility Supports Growth for Commercial Concrete Manufacturer

THE SITUATION
A concrete manufacturer serving Department of Transportation, military and commercial construction clients across the Southeast needed an asset-based lender that understood the complexities of the construction industry. This included navigating bill-and-hold practices while supporting continued growth.

The challenge was securing flexible capital from a lender with true industry expertise.

THE LEADERSHIP
The company’s leadership team brings more than 20 years of experience serving a loyal, repeat customer base in the construction market. They have successfully navigated multiple economic cycles and understand the operational and financial demands of infrastructure-focused businesses.

Their experience helped clearly define financing needs and align them with long-term growth objectives.

THE SOLUTION
Advantage structured a $2 million asset-based lending facility featuring improved pricing, a revolving line of credit and practical financial covenants. The facility was designed to accommodate bill-and-hold practices while maintaining flexibility for ongoing operations.

With the right structure in place, the company is positioned to support continued growth through 2026 and 2027.