The Business Challenge:
When a family owned mining company planned to take advantage of some key geographical expansion opportunities, they found themselves short on the working capital required to do so. Their current factor was unable to generate the liquidity necessary to execute the expansion plan without imposing significant additional expenses on the company.
The Aegis Solution:
Aegis worked with the mining company to understand their plan and the potential it presented. The team at Aegis was able to provide a flexible $1,000,000 working capital facility that solved the problem in a cost effective manner.