Porter Capital provides US$2m receivables financing to tech services provider

Porter Capital has finalised a US$2m receivables-based financing facility for a prominent nationwide provider of technology deployment, repair, and logistics services. This company, which plays a critical role in facilitating large-scale technology rollouts for enterprise clients, operates extensively across the United States.

The financing facility was structured to support the company’s continued growth and expansion efforts, particularly as it accelerates client deployments and scales its operations nationwide. The company sought a flexible working capital solution capable of meeting its evolving operational demands—especially in light of its contractual engagements with Fortune 500 clients and the need to accommodate extended payment terms, such as net 60 billing cycles.

The tailored financing structure was recognised as a decisive factor in selecting Porter Capital, with the entire process noted for its transparency, efficiency, and alignment with the company’s business requirements.

John Cox Miller, Senior Vice President of National Sales at Porter Capital, emphasized that this transaction exemplifies the company’s mission to support businesses operating in high-demand, fast-paced sectors. He highlighted the client’s pivotal role in addressing complex challenges within the tech deployment industry and reaffirmed Porter Capital’s commitment to delivering the working capital needed to sustain rapid client service delivery.

This partnership serves as a strong example of Porter Capital’s ability to offer personalised, high-impact financing solutions to companies experiencing growth.

About Porter Capital
Founded in 1991 by brothers Marc and Donald Porter in Birmingham, Alabama, Porter Capital Corporation provides invoice factoring solutions to businesses nationwide across a variety of industries. Its growth has also included the development of Porter Freight Funding, a specialised division serving the transportation sector. With a track record of supporting businesses in logistics, field services, and contracting, Porter Capital continues to delivere funding with speed, flexibility, and precision.