Ever wonder what stands between a business and its full potential? For Global Aviation, it was a familiar story – rapid growth opportunities constrained by traditional financing limits.
What started as a promising aviation services company in 2009 quickly evolved into something bigger. By 2016, Global Aviation was soaring, but their traditional $1.5M credit line couldn’t keep pace with their $5M monthly invoices. That’s when they discovered a game-changing solution.
You’ve likely experienced Global Aviation’s exceptional service from one of their customer service agents at one of the many North American airports they’ve serviced for PAX (Passenger, baggage, and load control), cabin cleaning, aircraft detailing, ramp handling, and mobility assistance.
Working with Jonathan Brindley, they accessed over $40M in working capital through strategic funding solutions:
- Invoice factoring to smooth out cash flow gaps
- Equipment financing to support expansion
- Asset-based lending to fuel growth.
The results?
Global Aviation’s workforce grew from 550 to 2,500 employees. Their airline contracts jumped from 20 to 55. Revenue skyrocketed from $6M to $50M!
But it turns out the real success came shortly after getting this financing, as the owner Carm achieved a key objective and was able to sell the company. He now enjoys semi-retirement, splitting his time between Ontario and his water-sports business in Florida. Nicely done, Carm!
Let’s discuss your growth objectives for your client or for your own business. Reach out now
