As a well-known supplier to the electronic, construction, and commercial equipment industries, FDG Manufacturing Co needed strong cashflow to cover machinery, inventory, and overhead costs. That's why Adam Jackson turned to WaterFall.
The firm received large-scale contract awards for the fabrication of cable, wire harnesses, and electromechanical assemblies. Until the customer paid in full, Adam needed to manage expenses. Any investment funding he received also had to come quickly and with flexible terms. He was impressed immediately by WaterFall’s genuine understanding of his business's needs. "You need to make funding beneficial for both parties," says Adam. "WaterFall did that."
After his first round of investment funding, Adam got four additional rounds, so he could take on projects without overhead worries. Says FDG: "I hope we can continue our relationship with WaterFall Fund for years to come."
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